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Oil & Gas Trade
Guyana Celebrates 1st Oil Shipment after Major Discovery
Guyana's government on Thursday prepared to sell its first barrels of oil after the discovery of large quantities of oil and gas near the South American country…
Oil & Gas Trade
Coronavirus Forces Qatar To Reroute Oil And Gas
One of the biggest liquefied natural gas (LNG) exporters, Qatar, is working with importers in China to reschedule or re-route some oil and gas cargoes to the wo…
Russian Oil & Gas Firms Plan to Invest $20 BILLION in Iraq’s Energy Industry
Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee a…
Oil & Gas Trade
US DoE Aims to Double Oil and Gas Production Rates
Fossil energy secretary puts his faith in technological development to boost output and CCUS to ultimately reduce emissions.
Market Analysis
Total to Acquire 50% Stake in Solar Projects Held by Adani Green
French oil and gas group, Total, on Thursday said it has signed a deal with Adani Group, India's energy and infrastructure conglomerate, to acquire a 50 per cen…
Oil&Gas Drilling
Virginia Lawmakers Vote to Block Offshore Drilling in Rebuke to Trump Plan
Virginia lawmakers on Tuesday passed a bill to block future oil and gas development off the state's coastline, reflecting opposition to the Trump administration…
Oil & Gas Trade
Oil Bankruptcies Are Reaching Worrying Levels
Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services a…
Market Analysis
Shell's Oil and Gas Reserve Life Drops for Sixth Year in a Row
The number of years of production left in Royal Dutch Shell's oil and gas reserves fell for the sixth year in a row in 2019 to below eight.
Oil&Gas Drilling
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean
Exxon Mobil and Egypt have signed two oil and gas exploration deals in the Eastern Mediterranean, the Egyptian Ministry of Petroleum said on Tuesday, weeks afte…
Solar Power Plant
Oil Giant Total Links with Finance Group for Wind and Solar
Total sold a half share in a French onshore wind and solar portfolio to finance group Banque des Territoires, in a deal the oil and gas major said creates a bas…
China Changes Policy on Foreign Oil Operators
The policy of China on foreign oil and gas operators is about to change. China will allow private and foreign firms to explore its domestic oil and gas resource…
Oil&Gas Drilling
EU Warns Turkey Off Mediterranean Gas Exploration Plans
The European Union has urged Turkey to drop plans to drill for oil and gas around Cyprus and the eastern Mediterranean, saying such exploration was “illegal”.…
Argentine Govt Prepares Bill to Spur Oil and Gas Investment
Argentine President Alberto Fernandez will send a bill to Congress to attract investment for the production of conventional and unconventional hydrocarbons, a s…
Crude
Guyana celebrates first oil
THE Yannis P, a Marshall Islands-registered crude oil tanker will this weekend lift the first one million barrels of crude from the Stabroek Block offshore Guya…
Why Solar Energy’s Prospects Look Bright for 2020
The global energy transition is the transformation of the world’s energy supply, away from polluting sources such as coal, oil and gas, and towards renewables.…
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