Trump Moves to Scrap Offshore Drilling Safety Rules
The BSEE proposes eliminating regulations that were put in place in response to the deadliest offshore drilling disaster in U.S. history The oil and gas industry is poised to save Continue Reading
Russia’s Gazprom says European partners fulfilled Nord Stream-2 obligations in 2017
Alexei Miller, head of Russian gas giant Gazprom, said in a conference call on Tuesday that its European partners in the Nord Stream-2 pipeline project have fulfilled their financing obligations Continue Reading
The Return Of Oil’s Most Important Pipeline
Energy independent Ineos, the operator of the Forties pipeline, said it has started doing pressure tests on the pipeline after it was repaired. Full flow will resume in early January, Continue Reading
Oil slips towards $65 as Forties pipeline moves closer to restart
Oil edged lower towards $65 a barrel on Tuesday, but remained within sight of its highest level since mid-2015, as the looming restart of a key North Sea oil pipeline Continue Reading
2018 Could See The OPEC Deal Collapse
The OPEC extension keeps the oil market on track to balancing at some point next year, but if the group overshoots on tightening, OPEC members could begin cheating, potentially leading Continue Reading
In Saudi Corruption Crackdown, Big Targets Are Going Free
Former Saudi Finance Minister Ibrahim al-Assaf, shown in 2013, was among those released in the past week. The Saudi government in recent days has released at least two dozen high-profile Continue Reading
Automakers Scramble To Get In On India’s EV Boom
That pie is just too lucrative for the world to ignore. The Players It’s not only “regulars” such as Honda, Suzuki and Hyundai are planning launches and tie-ups for the Continue Reading
Canada to expel Venezuelan diplomat in retaliatory move
Canada will expel a Venezuelan diplomat and bar that country’s ambassador from returning, Foreign Minister Chrystia Freeland said on Monday, after the South American nation booted envoys from Brazil and Continue Reading
China’s Bid to Dominate Oil Pricing Will Fail
Oil markets are already among the world’s most volatile— prices can leap 3% overnight on news from Middle Eastern nations many investors couldn’t pinpoint on a map. Oil guzzlers like Continue Reading
China’s November coal imports from Australia slip on port congestion: customs
Chinese imports of coal from key supplier Australia slipped in November from a year ago, customs data showed, hit by heavy traffic congestion in Australian ports. Shipments from Australia fell Continue Reading