Certain countries may impose unilateral sanctions against certain places on the basis of their own considerations.
Read More »Turkey Central Bank Raises Foreign-Currency Reserve Requirements
International currency exchange rates stand on display outside a bureau in the Grand Bazaar in Istanbul.
Read More »Iran. Pakistan in Talks to Implement Gas Pipeline Project
Iranian foreign ministry spokesman said Tehran and Islamabad are talks on how to commission the long-waited gas pipeline project that is due to take Iran'.s gas supplies to its energy hungry neighbor.
Read More »Offshore Collaborators Drive Crackdown on Corrosion
Offshore wind developers and companies with technology that could help them tackle corrosion are collaborating to bring forward new solutions
Read More »Oil & Gas Leaders Look for Cost Reduction and Efficiency Gains
Chairman and CEO of ConocoPhillips spoke about his company’s hyper focus on returns highlighting that the returns the energy industry has generated have been negative over the last 10 to 15 years.
Read More »Odfjell Drilling Secures $775Million in Debt Refinancing
Odfjell Drilling has today received firm bank commitments for a refinancing related to its 2019 debt maturities.
Read More »Total Announce the Launch of Innovative Project for the Capture and Storage of CO2 on an Industrial Scale
A consortium of 11 European stakeholders including ArcelorMittal. Axens. IFP Energies nouvelles (IFPEN) and Total. is launching a project today to demonstrate an innovative process for capturing CO2 from industrial activities.
Read More »Canadian Natural Resources Buys Devon`s Canada Unit for $2.8 Billion
Canadian Natural Resources agreed to buy the Canadian business of Devon Energy for C$3.8 billion ($2.8 billion). gaining heavy-oil assets in the province of Alberta.
Read More »Oil Slumps as U.S.-China Trade Hostilities Escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth.
Read More »Falling Russian Crude Output Lifts Brent Oil Prices
Russian oil production continues to trend lower in May as exports via the Druzhba oil pipeline have been restricted due to a contamination issue.
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