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02/Sep
2020
Oil Prices Inch Lower On Demand Pessimism, Growing Supply
Oil prices edged lower on Friday on worries that demand would recover more slowly than expected from COVID-19 pandemic lockdowns, while rising supply also overshadowed optimism ...
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01/Sep
2020
China Starts Building Southern Part Of China-Russia East Gas Pipeline
Construction has started on the southern portion of the China-Russia East natural gas pipeline, which carries supplies from the Power of Siberia system in Russia, China Oil & Ga...
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06/Aug
2020
Petrofac, Storegga Team Up For UK Renewable Energy Development
LONDON – Petrofac has signed a Memorandum of Understanding with independent clean energy champion, Storegga Geotechnologies. The agreement builds new energy capability and capac...
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04/Aug
2020
BP Reports Second-quarter Loss After Major Write Downs, Halves Dividend
PUBLISHED TUE, AUG 4 20202:07 AM EDTUPDATED TUE, AUG 4 20203:46 AM EDT Energy giant BP reported a significant loss for the second quarter on Tuesday, after downgrading the value...
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31/Jul
2020
Petrofac, Storegga Team Up For UK Renewable Energy Development
SINGAPORE (Bloomberg) --Oil is set to end July with a gain in New York ahead of OPEC+ plans to return supply to the market after the group’s historic output cuts, while the coro...
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29/Jul
2020
Oxy Considering $4.5 Billion Sale Of African, Middle Eastern Assets
LONDON (Bloomberg) --Occidental Petroleum is in talks about a potential sale of energy assets in Africa and the Middle East to Indonesia’s state-owned PT Pertamina, people with ...
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22/Jul
2020
Russia Considers Oil Price Hedges Modeled On Mexico’s System
MOSCOW (Bloomberg) --Russian President Vladimir Putin ordered his government to consider hedging Russia’s massive oil and gas export revenues to protect the country from drops i...
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17/Jul
2020
UK Could Ban Non-electric New Car Sales By 2030, Says Shell
LONDON (Bloomberg) --Royal Dutch Shell expects the UK can end the sale of gasoline and diesel vehicles in just a decade, as the nation attempts to eliminate emissions by the mid...
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13/Jul
2020
Saudi Energy Minister Phones Iraqi Counterpart, Commends OPEC+ Compliance
LONDON (Bloomberg) --Saudi Arabia commended Iraq for implementing almost all of its oil production cuts last month, another sign that the disputes over cheating that dominated r...
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30/Jul
2020
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15/Jul
2020
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30/Jun
2020