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Russian Federation
Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…
Carbon Emissions
Rich Countries Must End Fossil Fuel Production by 2034 to Keep 1.5°C Target Alive
Rich countries must end oil and gas production by 2034 to keep the world on track for 1.5°C temperature limit and give poorer nations a fair chance to replace …
Joe Biden
Amid Global Energy Squeeze, Biden Looks to Iran but Not Israel
Russia's invasion of Ukraine has thrown the global energy market into a state of turmoil, forcing the U.S. and Europe to look for substitutes for Russian oil an…
Energy Investment
Egypt's Petroleum Minister, Siemens Discuss Investment Opportunities in Oil, Gas Industry
Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla discussed on Thursday with CEO of Siemens Middle East Dietmar Siersdorfor investment opportu…
Natural Gas
IOG Starts Gas Production from Another Saturn Banks Field
UK-North Sea-focused oil and gas firm IOG on Wednesday confirmed first gas production from the Elgood field, part of Phase 1 of its Saturn Banks Project.
Oil & Gas Supply
Uganda’s Oil and Gas Prospects Expected to Improve in 2025
Increased sanctioning activity in African energy has resulted in growth in cumulative expenditure of $23 billion by 2025, according to the African Energy Chambe…
Natural Gas
Thai PTTEP to Take Over Myanmar Offshore Gas Field Ops After TotalEnergies' Exit
Thai oil and gas giant PTT Exploration and Production Pcl said on Monday it would take over operations of the Yadana gas field in Myanmar from July following th…
Crude Oil
Will India Buy Discounted Russian Oil?
While many countries have already sanctioned Russian oil and gas, India is reportedly considering buying crude oil from Russia at a discount.
Crude Oil
Norway’s Equinor Not Entering Any New Trades for Russian Oil
Following the beginning of the process to exit its projects in Russia, Norwegian state-owned oil and gas player Equinor has now also decided to stop trading in …
Energy Transition
Eni Sells 49% of Its Business Enipower
Oil and gas company Eni has announced it has agreed to sell a 49% stake in its power generation business unit Enipower.
United Kingdom
UK Prime Minister Johnson to Visit Saudi Arabia for Oil and Gas Talks
Boris Johnson will meet Crown Prince Mohammed bin Salman on Tuesday in a bid to have oil and gas production boosted.
Joe Biden
A Question for President Biden on Oil and Gas
Here’s something to ask him at his next press event.
Energy Transition
At Global Energy Conference, Oil and Gas Industry Leaders Argue For Fossil Fuels’ Future in the Energy Transition
Russia’s invasion of Ukraine and grim climate reports changed the conversation, but not the industry’s assertion that it will remain a critical part of the gl…
Oil Exploration
PM of Barbados Defends Country’s Oil and Gas Exploration
Prime Minister Mia Mottley has defended Barbados’ plans to resume fossil fuel exploration off its coast, saying that developing nations deserved “equity” and…
Oil Exploration
ONGC Conducts Seismic Surveys in Tripura to Identify Oil Reserves
ONGC started drilling in Tripura back in 1962. The national oil and gas explorer was awarded acreages at Central Baramura, Aramura Bulge, Tichna and Khubal area…
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