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US shale drillers have run into a series of problems that have resulted in increased scrutiny on their operations.
Read More »Shale Jobs in Jeopardy despite Oil Price Rally
European Refiners Switches to Russian Sour Grades
U.S. sanctions have removed 800.000 bpd of heavy crude from the global market.
Read More »U.S. Imposes Fresh Sanctions on 4 Venezuelan Companies. 9 Vessels
The U.S. has been pursuing a policy of economic sanctions and diplomatic isolation against the Venezuelan government in support of the opposition leader Juan Guaido.
Read More »Nord Stream Further Delays in Russia-Ukraine Gas Talks
Russia wants to ".hurt Ukraine.". and have ".a special relationship". with Germany.
Read More »Saudi Aramco Tends to Boost Its Refining Network by 2030
Aramco fully owns three refineries in Saudi Arabia and the Motiva Enterprises LLC plant in the U.S.
Read More »Poland Accuses Russia of Inflating Gas Prices
Poland is one of the largest buyers of Russian gas in Eastern and Central Europe.
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 »Russia will Expand LNG Market Share
Russian can claim a 20% share in the global LNG market.
Read More »Venezuela`s Oil Supply Collapse Tightens Global Market
Venezuela. plus Iran and Libya. were exempted from making voluntary curbs under the OPEC+ deal.
Read More »SOCAR will Establish $1.5 Billion Petrochemical R&D Center in Turkey
The R&.D center will focus on the development of petrochemical products. materials. and energy efficiency.
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