Saudi Aramco has awarded Baker Hughes an integrated services contract for its Marjan oilfield, the Saudi state oil giant said in statement on Tuesday. The oilfield is one of the Continue Reading
A mortar shell landed in this market in Tripoli, Libya, last week. A parallel battle was heating up on Facebook. CAIRO — When a new bout of fighting between rival Continue Reading
A six-week-long blockade of ExxonMobil’s offices and oil facilities in Nigeria by former workers protesting their dismissals now threatens the normal production and exports of Nigeria’s flagship Qua Iboe crude Continue Reading
Earlier in the week, details emerged that President Muhammadu Buhari had withheld assent to the harmonised Petroleum Industry Governance Bill (PIGB). Ita Enang, the presidential aide on National Assembly Matters, Continue Reading
New Delhi — Indian state-run utility Maharashtra State Power Generation Company Limited, better known as Mahagenco, is seeking 2 million mt of imported steam coal of any foreign origin on Continue Reading
Venezuela will hike the price of its heavily subsidized gasoline by October, President Nicolas Maduro said on Monday, as the crisis-stricken government seeks to shore up its coffers amid hyperinflation Continue Reading
Earlier this year, Venezuelan President Nicolas Maduro rolled out his latest scheme to rescue his economy, offer an alternative to the increasingly worthless bolivar, and skirt U.S. sanctions on financial Continue Reading
A steel factory in Wu’an, China. Many countries can report lower carbon emissions because they are increasing imports of materials like steel or cement. Over the past decade, both the Continue Reading
PetroChina—the country’s largest oil and gas producer—is betting big on boosting natural gas production in line with the Chinese policy to increase its gas production and industrial and residential gas Continue Reading
President Xi Jinping’s “Belt and Road” trade infrastructure project could be hitting significant bottlenecks as some countries begin to sound alarms regarding the massive debt loads their governments are incurring. Continue Reading
