Israeli authorities claimed to have…
Heat pumps are gaining popularity…
Chinese FX outflows, often underreported…
Azerbaijan will sign in the coming days a new deal with BP to continue the development of the Azeri-Chirag-Gunashli (ACG) oil field in the Caspian Sea until 2050, extending the…
A total of 39 companies have applied for new acreage in Norway’s 2017 licensing round in the mature and best explored areas on the Norwegian Continental Shelf—a record high since…
The UK oil and gas industry lost 60,000 jobs last year, according to Oil & Gas UK’s latest Economic Report. That was 20,000 jobs more than the authority had…
Hurricane Irma has reached category 5-level winds, according to the latest reports from the Atlantic Ocean. If it hits land near Texas, it could destroy an oil and gas…
New tax breaks will put Norwegians on the hook for oil production taxes levied by the United Nations for drilling deeper in the Arctic, according to Reuters. The report…
Three months after the announcement of a Gulf blockade against Qatar, the country is accelerating trade growth via a special port located on its shores, according to reports emerging…
As devastating as Hurricane Harvey was to Texas, reconstruction is now expected to be ultimately positive for U.S. oil demand in a few months as fuel consumption is expected to…
Brazil will allow private investors willing to buy into its state-held utility giant Eletrobras to obtain a maximum of 5 percent each, regardless of whether they are domestic or foreign…
The UK, whose offshore waters hold some of the most mature oil and gas fields, has the chance to become a pioneer in oil decommissioning, and should develop the expertise…
Struggling to attract international investors to revive its declining oil production, Indonesia has tweaked anew the production sharing contracts it introduced at the beginning of this year—a move that is…
A total of 14 startups with a combined production of 230,000 bpd are expected to come on stream in the UK section of the North Sea this year, the highest…
A Transneft share swap could give the Russian sovereign wealth fund more control over the oil pipeline monopoly, according to a new report by Reuters. The Russian government already…
Reuters reports that foreign workers at Libya’s largest oil field have been evacuated after news emerged on Monday of unspecified activities near the site. An engineer at the field…
Canada’s oil-producing regions saw the highest increase in insolvencies over the 12 months to June 2017, according to the latest insolvency report by the federal government. Total insolvencies in…
Natural gas output in Iraqi Kurdistan is set to jump as the regional government settles a court case with a consortium of companies active in the area, according to
Two seemingly perennial challenges concerning the UK are; the urgent need (and legal obligation) to reduce the country’s carbon emissions by 80 per cent by 2050; and the supply and…
In what could be a first major official energy deal between the two countries, India’s state-owed ONGC plans to bid for exploration rights of oil and gas blocks offshore Israel,…
Brent prices were down on Monday morning after investors shied away from crude oil markets and instead turned to safer-haven gold futures after North Korea conducted its sixth and most…
Russia’s largest state oil major, Rosneft, along with CEFC China Energy Company, sealed a strategic cooperation deal for the joint development of oil and gas projects in Siberia at this…
Approximately 4.5 million barrels of oil have been released from the Strategic Petroleum Reserve (SPR) in response to Hurricane Harvey’s effect on national gasoline availability. Three million barrels of the…