The market seems to be inadequately prepared for a rapid loss of exports.
Read More »OMV to Acquire Shell’s Gas and Liquids Portfolio
The acquisition will see OMV take ownership of Shell’s full New Zealand portfolio.
Read More »Nord Stream 2. the World’s most Controversial Energy Project
Critics say that the natural-gas pipeline will strengthen Russia’s hand in Europe and isolate Ukraine.
Read More »Nigeria will Become Third World Largest Exporter of Gas
Nigeria is presently the fourth exporter of gas in the world.
Read More »Shell will Decide on Nigeria Oil Field In 2019
Shell operates the project and ExxonMobil. Total. Eni and the Nigerian National Petroleum Co. are partners.
Read More »OPEC Oil Production Jump to a 2018 High in July
OPEC’s crude oil production rose by 70.000 bpd from June to stand at 32.64 million bpd in July.
Read More »The EU. U.S. LNG Deal Won’t Work
During the Cold War. Russia built an extensive network of pipelines in Eastern Europe.
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 »Europe`s Energy Giants Earn Benefits of Oil Price Surge
The rise in the price of crude is obviously very good news for oil companies.
Read More »