China is mobilizing its vast state-run energy industry to prepare for an economic tussle with the U.S. that could escalate further and might last for years.
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 »The Second Machine Age Could Crash Oil Prices
Forecasters at these major oil organizations simply do not understand that we are in a new age of rapid technological advancement and innovation.
Read More »The Single Biggest Challenge For The Oil & Gas Industry
New oil and gas discovered through high-impact drilling fell by as much as 50 percent between 2014 and 2018.
Read More »Russian-China Relations are Warming the Arctic
Following this month’s fractious meeting of the Arctic Council in Finland. China convened an Arctic conference of its own in Shanghai at which it showcased the cooperation that had been in short supply at the earlier Arctic summit.
Read More »US grants Waiver to Iraq to Buy Iranian Energy
Iraq needs the energy coming from Iran and that they cannot stop buying that at least for another three years.
Read More »Shell`s First Production from a Jurassic Reservoir in Gulf of Mexico
All eyes will be on the well performance of the potential heavy hitter.
Read More »Aramco Enters U.S. Shale Gas Business with Sempra LNG Deal
Saudi Arabia is tapping into the U.S. shale revolution that will primarily ship the fuel to buyers in Europe and Asia.
Read More »3rd LNG Project in Arctic with Russian Technology
The development of the Ob LNG will run parallel to the Arctic LNG 2.
Read More »Turkey to Continue Buying Oil from Iran despite US Pressures
Turkey and Iran will be able to form a regional coalition and also will be able to reduce the effects of the external threats.
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