Oil takes center stage in Libyan conflict
Conflicting claims over oil in OPEC-member Libya threaten to tear the country apart, a researcher at a risk consultant group said. File Photo by cherezoff/Shutterstock June 26 (UPI) — The Continue Reading
More oil found off the coast of OPEC-member Angola
The latest discovery of oil in the deep waters of OPEC-member Angola could hold as much as 300 million barrels of oil, Italian energy company Eni said. Eni discovered oil Continue Reading
Power Grab In Libya Threatens Oil Industry
The Libyan oil plot jut thickened after the Libyan National Army said it had passed control of the country’s oil ports to a non-officially recognized National Oil Corporation affiliated with Continue Reading
Crude exports threatened as control of Libya’s eastern oil ports handed to rival company
The future of Libya’s crude oil exports has been plunged into even greater uncertainty with a rift opening between the National Oil Corporation and the so-called Libyan National Army over Continue Reading
Libya’s Peace Efforts Threatened in Fight Over Its Oil
A rogue military commander who oversees the eastern half of Libya has handed control of vital oil facilities to a rival of the U.N.-backed government in Tripoli, potentially escalating the Continue Reading
Saudi Arabia, Kuwait Halt Oil Production In Neutral Zone
Oil production the neutral zone between Saudi Arabia and Kuwait has stopped until the parties reach an agreement, Kuwaiti state news agency KUNA reported on Tuesday, citing Kuwait’s Oil Minister Continue Reading
Ugandans to Take 40 Percent of Oil and Gas Contracts
At least four in every 10 oil and gas contracts will be awarded to Ugandans, the government said yesterday. The Media Centre executive director, Mr Ofwono Opondo, said a Cabinet Continue Reading
China trade dispute casts doubt over exports of LNG from US
Plans to export increased volumes of liquefied natural gas from the US have been thrown into doubt because of the escalating trade dispute with China, industry executives have warned. Patrick Continue Reading
China Is About To Disrupt Natural Gas Markets
The Paris-based International Energy Agency (IEA) said in its Gas 2018 annual report on Tuesday that China will become the world’s top natural gas importer , boosted by liquefied natural Continue Reading
Japan, South Korea in talks with U.S. to avert damage from Iran sanctions
TOKYO/SEOUL (Reuters) – Japan and South Korea, two major buyers of Iranian oil, are in talks with the U.S. government in a bid to avoid adverse impacts from Washington’s reimposition Continue Reading