Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.
Read More »Algeria in Talks with Oil Majors to Start Trading Venture
One of the aims of Sonatrach’s new venture would be to supply crude to the Italian refinery.
Read More »US Oil Companies Ask Congress Not to Ramp Up Russia Sanctions
Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.
Read More »Meat and Dairy Companies to Surpass Oil Industry as World`s Biggest Polluters
A handful of nations are collectively responsible for 60 per cent of global meat and dairy emissions.
Read More »Wood Mackenzie Warns Global Oil Demand could Peak by 2036
Some oil majors have started to acknowledge a peak in oil demand could come by the 2030s or even earlier.
Read More »Trump Accused of Trying to Urge Europe to buy US LNG
Russia is keen to press ahead with the Nord Stream 2 pipeline since it has the potential to double its gas exports under the Baltic Sea to Germany.
Read More »Rising Oil Demand may Surpass Supply
Oil will remain the center of economic capability and economic development for decades to come.
Read More »Aramco More Flexible To Oil Price Slump
Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.
Read More »Mike Muller. Former Shell Oil Trading Boss Joins Vitol
Vitol is seen as one of the largest crude traders in the North Sea.
Read More »Iran Says U.S. Efforts to Ban Iranian Oil as is Unsuccessful
Iran is prepared for the worst-case scenarios in case the U.S. pressures take effect.
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