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Oil Price
US and China Provided Some Volatility to Crude Prices
Crude oil futures were higher during mid-morning trade in Asia Monday, finding support from OPEC's latest monthly oil market report while uncertainty on the ong…
Oil & Gas Trade
The Iranian Oil Tanker has Departed From Gibraltar after the British Overseas Territory
The Iranian oil tanker at the center of a diplomatic dispute has departed from Gibraltar after the British overseas territory rejected a US demand to seize the …
Oil&Gas Drilling
OPEC Oil Production Dips on , Saudi Arabia, Nigeria, Others' Cuts
The Organisation of Petroleum Exportig Countries (OPEC’s) crude oil production fell by another 246,000 barrels per day (bpd) last month compared to June.
Shale Gas
UK Government Has Authorised the Commencement of Fracking in Lancashire
The UK government under recently-appointed Prime Minister Boris Johnson has set out its position on hydraulic fracturing, also known as fracking, and allowed Cu…
Electric Vehicle Charging
BP to Layout 400 Ultra-Fast EV Charging-Points Across The UK
Oil giant BP has announced the start of its rollout of 400 ultra-fast electric vehicle (EV) charging-points across the UK. The firm will launch the network thou…
Shale Gas
Russian Giant Gazprom Saw the Highest Production Growth
Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the US and China, while BP dominates among th…
Oil&Gas Drilling
What is Hydraulic Fracturing？ A Controversial Source of Energy
The US is the world leader in fracking and natural gas in the world. Fracking, also known as hydraulic fracturing, is a common target for environmental protesto…
Oil&Gas Drilling
NNPC Called on the Chinese Government to Increase its Investment in the Nigerian Petroleum Industry
The Nigerian National Petroleum Corporation, NNPC, Thursday, called on the Chinese government to increase its investment in infrastructural development in the N…
Oil & Gas Trade
An Iranian Oil Tanker Seized by British Royal Marines will be Released
Gibraltar Chief Minister Fabian Picardo said that the Grace 1 would be released on Thursday, adding that Gibraltar authorities would not renew the order to deta…
Oil & Gas Trade
How Do U.S. Sanctions Affect the Sector?
In January the United States imposed sanctions on Venezuela’s most important global business - producing and selling crude oil, which accounts for more than 95…
Oil & Gas Trade
IEA Warns Global Oil Situation is Becoming Even More Uncertain
Mounting signs of an economic slowdown and a ramping up of the US-China trade war have caused global oil demand to grow at its slowest pace since the financial …
Oil&Gas Drilling
The Upheaval in the UK North Sea Looks Set to Continue with US Oil
The upheaval in the UK North Sea looks set to continue with US oil and giant ExxonMobil reported to be considering exiting the area after more than 50 years.
Oil Price
Oil Prices Continued to Rally Yesterday as the Trade War Stoked Fears
Oil prices continued to rally yesterday, following reports that the United States has decided to delay the next round of tariffs that were to be imposed on Chin…
Oil Price
Crude Oil Futures Retreated from Overnight Highs
Crude oil futures retreated from overnight highs, spurred by signs of a thaw in US-China tensions, during mid-morning trade in Asia Wednesday on profit-taking f…
Offshore Oil and Gas Brazil 2019
Endless Discovery in Brazil and Pay Our Respects to the FPSO Kingdom!
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