Nord Stream 2 Is A Game Changer For Gazprom
Perhaps in the aftermath of the Deepwater Horizon spill, BP attained similar levels of public oversight. Nevertheless, defying most trends, 2017 will go down in history as one of Gazprom’s Continue Reading
European Parliament endorses proposal for 12% share of energy from renewable energy in transport by 2030; 10% advanced biofuels
The European Parliament last week endorsed a series of proposals setting targets for cleaner, more efficient energy use. Among those was a proposal for a binding EU-level target of a Continue Reading
Oil Futures Pull Back Following Production Gains
Oil futures fell 1% in Asian trading on Friday, extending a late-day selloff in the U.S. amid concerns about rising oil production. Data on Thursday showed average daily U.S. output Continue Reading
Oil Prices Book Biggest Weekly Loss Since October
Oil prices accumulated a more than 1-percent decline this week, pressured by U.S. production growth, despite the variety of bullish demand forecasts and data about tightening global supply. A record-high Continue Reading
Oil falls 1 percent amid growing U.S. crude output concerns
Oil prices slid 1 percent on Friday and were on track for the biggest weekly falls since October despite hitting three-year highs earlier this week as concerns over growing U.S. Continue Reading
Peak oil demand and its implications for prices
Even if oil consumption reaches a peak and then starts to fall, the world will still need large quantities of oil for many decades to come. “Global oil demand is Continue Reading
U.S. shale spoiling the rally in oil prices
Growth in U.S. shale oil production is renewing supply-side concerns and sending crude oil prices into negative territory. File photo by Brian Kersey/UPI Jan. 19 (UPI) — Oil prices pulled Continue Reading
Kurdish gas reserve upgrade met with production questions
Genel Energy said Friday there were more natural gas resources in two of its Kurdish fields than expected, but an assessment said extraction might be complex. The company, which has Continue Reading
The Least Compliant Country In The OPEC Deal
Yesterday’s monthly oil market report from OPEC showed that oil production from Kazakhstan likely increased by 180,000 bpd in 2017 to 1.74 million barrels per day. Such a rise gives Continue Reading
Ghana: ‘Exxon Mobil Key to Developing Ghana’s Oil & Gas Industry’
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says close co-operation between Ghana and the world’s largest publicly traded international oil and gas company, Exxon Mobil, will be instrumental Continue Reading