In June 2017, Kurdistan Regional Government (KRG) and Russian energy behemoth Rosneft signed several cooperation, investment and production sharing agreements regarding hydrocarbon exploration, production, infrastructure, logistics and trading. Rosneft also Continue Reading
Oil prices collapsed again on Friday as China aims to reduce the capacity of its teapot refineries and Hurricane Irma zeros in on Florida. This dramatic drop in oil prices Continue Reading
The number of active oil and gas rigs in the United States rose this week by 1 rig. Baker Hughes Rig Count last week was largely unchanged as well, with Continue Reading
– Crude oil flat price, spreads, refining margins and product spreads all mean-reverted this week as PADD III refineries came back on line to the tune of roughly 2m bpd Continue Reading
When oil giant Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations for a $2 Continue Reading
BP’s stake in Azerbaijan’s vast oilfields is expected to shrink under a new production-sharing agreement with state energy company SOCAR, two industry sources familiar with the talks told Reuters. Azerbaijan Continue Reading
India’s second largest state has appealed to the country’s top court to quash a Goldman Sachs-backed solar project, highlighting the challenges faced by solar companies looking to expand in Asia’s Continue Reading
Operations at the Sharara oil field in Libya, the country’s largest, are back to normal following short-term “irregularities,” an Austrian energy company said. Mustafa Sanalla, the head of Libya’s National Continue Reading
Libya’s largest oilfield is now fully operational following a couple of weeks of output turbulence, according to UPI , who received official confirmation of the oilfield’s operational status from Austrian Continue Reading
Men bought and sold prayer beads last month in front of the citadel in Erbil, a Unesco World Heritage site, in the Iraqi Kurdistan region. BARZAN, Iraq — A pair Continue Reading
