Total SA TOT 0.98% is having difficulty unloading its stake in a $5 billion natural-gas project in Iran to a Chinese partner, after stopping work on the project earlier this Continue Reading
The recent turmoil in Libya’s Oil Crescent – a region which stretches along the coast from Sirte to Ras Lanuf, and which extends down to the Jufra district – has Continue Reading
An export pipeline in the Niger Delta remained closed after a subsidiary of Royal Dutch Shell said it was responding to a release of crude oil. The subsidiary, Shell Petroleum Continue Reading
U.S. producer ConocoPhillips ( COP.N ) and Venezuela’s PDVSA have reached a payment agreement on a $2-billion arbitration award, the companies said, suspending a dispute that blocked the state-run firm Continue Reading
PDVSA settled with ConocoPhillips on Monday over an outstanding debt issue, a move that the Venezuelan oil company surely hopes will give it some breathing room even as the nation Continue Reading
Mexico C&C Production Mexico oil production is in decline though, at the moment, not as steep as it was expected to be (at least by me – IEA predictions are Continue Reading
Mile after mile of the Great Barrier Reef is dying amid rising ocean temperatures. Hundreds of bush fires are blazing across Australia’s center, in winter, partly because of a record-breaking Continue Reading
The United States no longer needs to conserve oil as domestic production increases have reduced the need for imports. As a result, the United States has been given “more flexibility Continue Reading
The Trump administration on Wednesday held a new auction for offshore drilling in the Gulf of Mexico (GOM), yielding some $178 million in winning bids, a slight improvement from its Continue Reading
An advisory council to Virginia Governor Ralph Northam recommended the Democratic governor to rescind Clean Water Act certifications and not issue any more permits for the up to $6.5 billion Continue Reading
