Workers voted to down tools in a series of 24 hour and 12 hour strikes.
Read More »Russia to Increase Presence in African Oil. Nuclear Projects
Russia is planning to increase its involvement in developing energy projects in Africa. during the tenth BRICS Summit in Johannesburg.
Read More »US Oil Lobbies against Sanctions on Russia
Western powers imposed sanctions in 2014 after Russia’s annexation of Crimea.
Read More »BP`s Shale Deal Signals Huge Ambitions
Big oil companies are pouring money into shale assets. scrambling for access to the best acreage in Texas.
Read More »Oil Futures Holds Gain as Red Sea Shipments Paused
Saudi Arabia pausing oil shipments through the Red Sea caused oil futures remain high.
Read More »Saudi Arabia is Temporarily Halting all Oil Shipments through Bab-El-Mandeb Strait
One of the VLCCs sustained minimal damage.
Read More »Total Raised Production by Takeover of Maersk Oil
Total produced 2.7 million barrels of oil equivalent per day in the first six month of the year. compared to 2.5m in H1 2017.
Read More »BP. Eni and Shell are Best-In-Class amongst the Majors
Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.
Read More »SOCAR Mulls Gas Distribution in Bulgaria
Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria.
Read More »U.S..China Trade War Casts a Long Shadow over LNG Shipping Boom
Donald Trump said he’s ‘ready to go’ with $500 billion in tariffs on Chinese imports.
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