Companies that continue to operate offshore have particularly poured fewer dollars into wildcat exploration.
Read More »CERAWeek Gathering Seen Rich in Platitudes
Barkindo plans to meet with physical crude traders and oil hedge funds while he’s in Houston.
Read More »Shale Boom Threatens Refining Bottlenecks
Over the next five years. Wood Mac expects U.S. shale producers to add some 4 million bpd to their daily production.
Read More »Germany Provides loan Guarantee for Azerbaijani Gas Supply to Europe
The Southern Gas Corridor. worth over $40 billion. is considered as one of the priority energy projects for the EU.
Read More »EU Ready to Mediate In Russia-Ukraine Gas Dispute
Kyiv and Moscow were drawn into a new gas dispute on March 1.
Read More »Petrobras Consider Expanding Cooperation with Russia
Parente said there are no discussions with Russian companies at present.
Read More »Birol: China Drives Global Oil Demand
India follows China in terms of growth in the demand for oil.
Read More »Naftogaz may Sue Gazprom. again
The Russian company argued that the Stockholm arbitration was allegedly guided by double standards.
Read More »Petronas Discovers Oil in West Africa
The discovery in Gabon is an encouraging development for Petronas.
Read More »U.S. Will Be the World’s Largest Oil Producer by 2023
Influence on global oil markets is also expected to rise. with U.S. oil exports more than doubling.
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