Under the proposal. a $40 carbon tax. rising over time. would be levied on emissions in order to encourage a shift towards renewable energy sources such as solar and wind.
Read More »BP Keeps Azerbaijan’s Proved Oil Reserve Estimates Unchanged
Oil production in Azerbaijan stood at 826.000 barrels per day. or 1.6 percent less than in 2015. according to the report.
Read More »Trump`s Paris Goodbye Is a Win for Coal and Oil
Coal producers were among the few companies that pushed for Trump to walk away from Paris.
Read More »Norway Boosts Protection Against Unwanted M&A in Oil
An extraordinary metal that is vital to the electric car boom is facing a critical shortage.
Read More »Exxon Loses Key Climate Change Battle
ExxonMobil just lost a critical climate change battle even as the fate of the Paris accord remains in serious doubt.
Read More »ExxonMobil Secures Qatari Condensate for Singapore Unit
The U.S. oil major bid for the cargoes of the ultra light oil at more than $2 a barrel above Dubai quotes.
Read More »Chevron`s Most-Costly Mega Project Hits New Obstacle in Australia
LNG import prices in Japan. the world’s biggest buyer. averaged about $9 per million British thermal units in 2009.
Read More »Iran in Talks with Iraq about Joint Fields
Iran has signed MoU with some of big companies to study the joint fields with Iraq.
Read More »Sanctions Aren’t Slowing Russian Oil Industry One Bit
Russian crude output is at historic highs. European firms are still investing.
Read More »Norway`s Statoil Interested in Algerian Offshore. Renewables
Algeria will announce shortly a major solar project of 4.000 Megawatts as part of its renewable energy development.
Read More »