Activists occupying a BP-contracted oil rig in the Cromarty Firth have been served with an injunction by the owner in a bid to halt a two-day standoff. Greenpeace UK has claimed.
Read More »BP. Partners Confirm Investment in Deepwater Angola
P and partners today confirmed they have agreed further investment into deepwater Block 15. offshore Angola as part of an agreement with Angola'.s National Agency for Petroleum. Gas and Biofuels (NAPGB).
Read More »Putin Highlights Differences with Saudis as OPEC Decision Looms
A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.
Read More »Opportunity for Russia. China amid Trade War
US liquefied natural gas (LNG) was hit with a tariff of 25 percent. the highest rate in the Chinese countermeasures.
Read More »Qatar Fights for LNG Dominance
Qatar is taking steps to proactively develop its solar power generation.
Read More »Delek’s Ithaca Energy Unit to Acquire Chevron’s Central North Sea Assets
Delek Group Ltd.. the energy company controlled by Israeli billionaire Yitzhak Tshuva. agreed to buy North Sea oil and gas fields from Chevron Corp.
Read More »Exxon. Chevron will Face Climate Change Pressure from Investors
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.
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