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The North Sea’s problem has always been high production costs.
Read More »North Sea Oil Sees Investment Rush
U.S. Shale: Water Is the New Oil
There are some 25 companies that have been studying and preparing—at various stages—to develop water pipelines for shipping away this produced water.
Read More »Germany`s EON Close to Selling Fossil-Fuels Stake
The parent company has retained control of its gas and electricity grid businesses. renewable plants and customer service.
Read More »Will The White House Prevent Rosneft from Buying Citgo?
The possibility of Rosneft taking over the whole of PDVSA seems a bit far-fetched.
Read More »Is Artificial Intelligence the Next Step in Total`s Tech Push?
The first deal was the acquisition of a 23-percent interest in French solar and wind power generation capacity developer EREN RE.
Read More »Iran Looks to Ramp Up Production
Iran plans to increase its condensate production to reach 864.000 bpd within five years.
Read More »Could Kurdish Independence Spark an Oil War?
The Kurds are expected to vote on their political status in late September.
Read More »The World’s Largest Offshore Oil Field Is Back in Action
Whatever the outcome. after several years of stagnation since 2010. Kazakh crude output will rise in both mid- and long-term.
Read More »Vitol Ups Cash-for-Oil Deals with Kazakhstan to $5B
Vitol. the world’s largest independent commodity trader. is increasing its export prepayment deals to secure more oil trade with cash-strapped producers.
Read More »Venezuela’s Crisis Deepens as Hurricane Approaches
After Harvey. oil terminals in the Caribbean have been operating intermittently. as more hurricanes followed. notably Irma and Jose.
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