Russia ready to invest $50bn in Iran’s energy industry
Iran has touted $50bn worth of potential Russian investments in its oil and gas sector as it seeks to deepen its relationship with Moscow, amid mounting pressure from the US Continue Reading
U.S. To Slap Sanctions On All Iranian Oil Buyers
The United States intends to impose sanctions on all customers of Iranian oil, including China, the EU, and Russia, Treasury Secretary Steven Mnuchin said on Thursday, signaling that the U.S. Continue Reading
Analysis: India-Iran oil ties could face strain as US ratchets up pressure
Highlights Refiners still uncertain of which strategy to adopt Both oil ministries confident either will be flexible Indian imports of Iranian oil remain above 2017 levels London — Receive daily Continue Reading
Nigerian oil bandits could upend political climate
With a British warning for Nigeria in place, there are concerns that militancy in the oil-rich Niger Delta could upend the political climate, a researcher said. The British Foreign and Continue Reading
U.S. puts Gulf of Mexico oil and gas acreage up for auction
The U.S. government put millions of acres on the table for drillers looking to tap into the billions of barrels of oil yet to be discovered offshore. Deputy Interior Secretary David Continue Reading
Wind generators’ cost declines reflect technology improvements and siting decisions
Between 2010 and 2016, the capacity-weighted average cost (real 2016$) of U.S. wind installations declined by one-third, from $2,361 per kilowatt (kW) to $1,587/kW, based on analysis in the U.S. Continue Reading
U.S., Canadian Rig Count Rises After Tumultuous Week
Baker Hughes reported an increase to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs increased by 2 rigs , according Continue Reading
Permian seen as land of opportunity for US gas midstream sector as Q2 earnings season nears
Midstream operators are preparing to release financial results for the second quarter as a flurry of oil drilling activity in the Permian Basin creates the need for more pipelines to Continue Reading
Feature: US Gulf of Mexico still seen as attractive, but players are changing
Even as onshore shale has become the gleam in the US oil industry’s eye, the Gulf of Mexico remains a solid, if less glamorous, member of the domestic production profile Continue Reading
US FOB thermal coal markets strengthen on rail issues, higher prices in other locales
US FOB thermal coal prices strengthened in the week ending Friday as price levels in the consumer markets of Europe and India provided support despite higher dry bulk freight rates. Continue Reading