Exxon’s ``inadequate response to climate change constitutes a serious failure of corporate governance.
Read More »US Crude Oil Inventories Highest Since July 2017
Crude inventories rose 4.7 million barrels in the week ended May 17. compared with analysts'. expectations for a decrease of 599.000 barrels.
Read More »SOCAR`s New Petrochemical Investment to Operate by 2023
The gas transmission capacity of the project can be increased to 24 billion cubic meters first and to 31 cubic meters with additional investments later.
Read More »Oil. the Lifeblood of the Global Economy for Years to Come
Aramco'.s recent bond sale success proves that the age of oil won'.t end soon.
Read More »BP and SOCAR Sign New Oil Agreement
BP and the government of Azerbaijan extended their agreement to continue developing the ACG fields until 2050 in a major deal in 2017.
Read More »Wood Mackenzie Comments on BP Exiting China Shale Gas
Wood Mackenzie forecasts 15 billion m3 yr of shale gas production by 2020.
Read More »Asian LNG Glut Surpasses China’s Strong Demand Growth
China continues its effort to switch away from coal.
Read More »Pipelines could Derail the US Oil Boom
Quality could at some point become a bigger problem for US producers.
Read More »BP has `Dramatically Reduced` Oil and Gas Exploration
Cutting the carbon from its oil and gas products would be beneficial to BP'.s business.
Read More »Oil and Gas Industry should Contribute to Low Carbon Future
BP was in fact an early mover into renewables.
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