The move marks a reversal for these companies - which did not join the Oil and Gas Climate Initiatives (OGCI) when it was set up in 2014.
Read More »U.S. Oil Prices Hits Four-Year Peak ahead of Sanctions on Iran
Brent has risen by more than 20 percent from its most recent lows in August.
Read More »Trump Intensifies Saudi. OPEC Criticism to Little Effect
On Saturday. Trump spoke with Salman about ".efforts to maintain supplies to ensure the stability of the oil market.
Read More »New US Sanctions on Iran will Seriously Affect Oil Prices
The US withdrawal from the JCPOA damaged the balance in the JCPOA.
Read More »US Considers Alternative Oil Supplies for India
The United States is consulting with all of its friends and partners to discuss the implementation of the sanctions after the snapback.
Read More »Trump Fuels SPR Oil Sale Speculation
SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.
Read More »Vitol will Stop Business with Iran after U.S. Sanctions Start
Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.
Read More »Schlumberger Launches New Zonal Isolation Technology
The CemFIT Shield system improves zonal isolation in long horizontal wells to ensure efficient hydraulic fracturing.
Read More »Germany Mulls Building LNG Plant
Trump pushed US LNG exports as crucial to increasing European energy security.
Read More »Iran: OPEC Meeting was Negative Response to Trump
The U.S. seeks to reduce Iranian oil exports to zero even for a month.
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