Greece’s foreign minister said his country could work together with Turkey to exploit natural resources while urging Ankara to settle its dispute with the European Union over offshore drilling in the Mediterranean.
Read More »Outgoing Schlumberger CEO Kibsgaard Lands $6 Million Consulting Deal
Schlumberger’s Paal Kibsgaard may be leaving his job. but he’ll collect paychecks for years to come.
Read More »Libya Lifts Force Majeure on Sharara Crude Loadings
Libya'.s oil industry has been at the mercy of groups vying for control of valuable assets.
Read More »Novatek Completes Sales of Stakes in Arctic LNG-2
The Japan Arctic LNG consortium comprises Mitsui &. Co and Japan Oil. Gas and Metals National Corporation.
Read More »Oil Pares Steep Weekly Loss as U.S. Says It Downed Iranian Drone
Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz. stoking concern crude flows from the Middle East may be disrupted.
Read More »Southern Cities Outperforming Rest of the UK in Terms of Sustainability
A new report highlights a growing geographical divide between cities in the north and south with regards to going green.
Read More »Oil and Gas Infrastructure Is Putting Unborn Children at Risk
The University of Colorado suggests pregnant women living in close proximity to gas wells and oil refineries could have up to a 70% greater chance of giving birth to babies with congenital heart defects.
Read More »Iran’s Rial Gains Significant Value against US Dollar
The Iranian national currency of rial is 118.000 against the US dollar which shows a relatively high regain of value compared to months of low that followed American introduction of crippling economic sanctions against Tehran.
Read More »Saudi Arabia Ends Illegal Red Light for Iranian Tanker
An Iranian oil tanker which was illegally held by Saudi Arabia for two months has reportedly been released. and is now on its way back home with its entire crew on board.
Read More »Coal Helps China to Add More Power in 2019 And 2020
China still has quite a big demand for electricity.
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