Incumbent Iranian President Hassan Rouhani said easing international sections and addressing a high rate of inflation are priorities for the OPEC member state. “The first major issue needed to be Continue Reading
In a bid to defend its Asian market share amid OPEC’s production cuts, Saudi Arabia is lowering yet again the official selling prices (OSPs) for the crude grades it sells Continue Reading
South Africa, the continent’s second largest economy, with the most organized business and financial sector in the region, has had its share of electricity related issues culminating in a spate Continue Reading
The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that it has started the processes of a comprehensive independent audit of the oil and gas sector, as well as revenues Continue Reading
Security forces fired tear gas at youths throwing stones and petrol bombs on Monday as Venezuela’s opposition began a second month of protests against socialist President Nicolas Maduro. With hundreds Continue Reading
The U.S. Supreme Court on Monday ruled against an American oil drilling company that claimed Venezuela unlawfully seized 11 drilling rigs in 2010. Siding with Venezuela, the justices ruled 8-0, Continue Reading
President Donald Trump said on Monday he would consider raising the federal tax on gasoline to fund infrastructure development “earmarked toward the highways,” Bloomberg News reported. “It’s something that I Continue Reading
The U.S. president needs to pull the country out of the Paris climate agreement in order to stimulate the oil and gas sector, a trade group said. The Western Energy Continue Reading
Suncor Energy said on Monday that pipeline shipments from the Syncrude Mildred Lake Oil Sands facility in Canada had resumed after completing repairs following a fire at the upgrader on Continue Reading
BP’s regional president for the Gulf of Mexico shares how his company was able to overcome the challenges of operating in deepwater. This year’s Offshore Technology Conference kicked off with Continue Reading
