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Oil & Gas Trade
Due to US Sanctions of Iran Export Oil, Turkey's Energy Security will be Crucial
Turkey is aiming to become a $1 trillion economy by 2023. If the story of the country’s economic development is to continue, its energy security will be crucia…
Warn Sector could Face "Significant Losses" If It Fails to Cut Emissions Fast Enough
First debate over the 'stranded assets' theory - the assumption that in a low-carbon transition investors and companies left stuck with high carbon assets coul…
Shell's Low Carbon Investments could Safeguard Against Decline in Oil Fortunes
Increasing investments in EVs, renewables, biofuels and clean tech make Shell a safer long term bet for investors compared to some its oil industry peers, says …
Oil & Gas Trade
BP Said "Certainly Not Sending British Ships and Crews" Through the Strait of Hormuz
BP plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding …
Venezuela Will Build An Economy That Will Not Be Tied To Oil
The head of the Bolivarian Republic said: “We are just starting to go on the road that will turn Venezuela into a region with economic potential that will prod…
Oil & Gas Trade
Diesel Fuel Spill Occurs Offshore Chile
Chile is investigating a 40,000-liter diesel oil spill on an island on the far southern coast of Chilean Patagonia, the navy said on Saturday.
Shale Gas
Labour Leader Jeremy Corbyn Calls on the Government to Ban Fracking 'once and for all'
If the UK exploits all its domestic reserves of shale gas the country will have no chance of meeting its 2050 net zero emissions goal, the Labour Party has warn…
Oil & Gas Trade
Crude Oil Futures Were Higher During Mid-Morning Trade in Asia
Crude oil futures were higher during mid-morning trade in Asia Tuesday, amid an expected fall in US crude inventories last week, while market participants were …
Oil and Gas Equipment
China's CNOOC Aims to Take a Stake in Ugandan Oil Pipeline
Chinese oil firm China National Offshore Oil Corporation (CNOOC) aims to take a stake in an oil pipeline being developed to export Ugandan crude, the firm said …
Oil & Gas Trade
US Sanctions Have Taken 95% of Iranian Crude Oil Exports Off The World Market
In an appearance at The Economic Club of Washington, DC, Pompeo said sanctions, which were fully imposed in May, have had seemingly no impact on global crude oi…
Oil & Gas Trade
Britain' s Seizure of an Iranian Oil Tanker in Gibraltar is a Violation of the Nuclear Deal
Britain's seizure of an Iranian oil tanker in Gibraltar is a violation of the 2015 nuclear deal, Abbas Araqchi, a senior member of the team who negotiated the d…
Oil & Gas Trade
China’s Customs Authorities Show Iranian Oil Imports Declined Further in June
The latest figures issued by China’s customs authorities show Iranian oil imports declined further in June reaching a low of 208,205 barrels per day, down 60 p…
Oil&Gas Drilling
Is the United States Really Energy Independent?
Like Iran, we have a refinery problem. Is the United States really energy independent? Is Iran? As the two nations inch toward confrontation, the complexity of …
Oil&Gas Drilling
Natural Gas Flares are Still Wasteful and Environmentally Harmful
When companies drill for oil, the process can also release natural gas (primarily composed of methane) as a byproduct, called associated gas. For safety reasons…
Shale Gas
Harmful Air Emissions Could Increase From Shale Gas Production
Harmful air emissions could increase from shale gas production through fracking in Europe, despite natural gas releasing fewer pollutants than other fossil fuel…
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