China carbon dioxide emissions may be falling, says LSE study
China’s carbon dioxide emissions are likely to peak by 2025 — and may even have done so already — according to a new paper that suggests the country’s economic slowdown Continue Reading
Ready for more punishment: Investors load up on oil share offerings
The $9.2 billion investors paid to snap up new equity offerings from U.S. oil companies in 2016 proves those investors are indeed ready for more punishment. The amount is in Continue Reading
Pipe dreams: Gazprom courts southern Europe to exclude Ukraine
Russia’s Gazprom is counting on its deep natural gas ties with Italy to revive plans aimed at bypassing Ukraine as a transit state for politically sensitive gas shipments to Europe. Continue Reading
Statoil Ends Rig Deal in Wake of Fatal Accident
“The conditions for terminating the contract signed with COSL Offshore Management AS have, in our opinion, been met,” said Geir Tungesvik, Statoil’s senior vice president for drilling and well, in Continue Reading
Oil Prices Rise After U.S. Jobs Report
Oil prices rose Friday on a weaker dollar and expectations of another large drop in U.S. drilling. Prices held their gains after U.S. data showed stronger-than-expected job growth in February. Continue Reading
Oil edges up on production meetings in Moscow
Speculation surrounding a Moscow meeting of oil producing nations gave a lift to crude oil prices, capping off a week of broad market volatility. Crude oil prices started the week Continue Reading
Oil Set for 3rd Weekly Gain as Producers Plan to Meet on Freeze
Oil headed for the longest run of weekly gains since May as Nigeria said key members of OPEC intend to meet with other producers in Russia this month to renew Continue Reading
KRG woes deepen amidst production, export constraints
Kurdistan’s oil sector, once touted as the world’s last great onshore oil patch, is suffering from persistent infrastructure problems, resource downgrades and low oil prices.The latest setback came Monday, when Continue Reading
Iran oil and gas condensate exports to reach 2 million bpd by end-March: Shana
Iran’s oil and gas condensate exports would reach 2 million barrels per day by the end of March, director of international affairs at National Iranian Oil Co (NIOC) was quoted Continue Reading
Georgia: Energy Minister Signs A Deal With Azerbaijan’s State-Owned Oil Company
Georgian Energy Minister Kakha Kaladze struck a deal with Rovnag Abdullayev, the president of the State Oil Company of Azerbaijan Republic (SOCAR), Civil Georgia reported March 4. Under the terms Continue Reading