Oil prices and tanker earnings often move in opposite directions.
Read More »Shell Chief Approves Shale for Future Growth
Shell has been working hard in the past few years to reduce shale production costs.
Read More »Qatar`s New LNG Merger to Save $550 Million Yearly in Operation cost
This integration is an integral part of Qatar Petroleum’s vision to become one of the best national oil and gas companies in the world.
Read More »BP Returns to Solar
Solar power is the fastest growing source of new energy.
Read More »Big Oil`s Exit Urges Norway Tending to Its Own Petroleum Future
Norway'.s oil production has been halved since a 2000 peak.
Read More »Russia Set to Keep Its Grip on European Gas Market
Medvedev acknowledged that Europe may take more LNG imports. especially when demand exceeds the capacity of pipeline suppliers.
Read More »In Canada. Billions are Being Spent to Reduce the Oil Sands` Environmental Impact
Members of the alliance are pooling their ideas to find ways to mitigate the impact of the work they undertake.
Read More »Super Giant Zohr Begins Producing. Netting 7 out 7 for Oil Major BP
The field. operated by Eni. was discoveredAugust 2015 and is estimated to have a total potential of up to 30 trillion cubic feet of gas in place.
Read More »Putin’s Mr. OPEC Becomes an Oil Market Player
Novak was a key driver of the push for Libya and Nigeria. whose surging production earlier this year helped to crash oil markets.
Read More »Rosneft Does Not Rule out Global Oil Output Cuts Extended Beyond 2018
Rosneft has plans to jointly develop the Val Shatskogo (Shatsky Ridge) oilfield with Italy’s Eni.
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