Is This The End Of Colorado’s Shale Boom?
Colorado has hosted a surge in oil and gas production in the last few years, but the industry faces new challenges as the state overhauls its regulatory regime. Much of Continue Reading
Brent edges further away from $70 level on build in U.S. stocks
Oil prices slipped a second day on Thursday, with Brent edging down further from the $70 mark after weekly U.S. oil data showed a surprise build in crude inventories and Continue Reading
U.S. crude stocks build sharply, production hits fresh peak
U.S. crude oil stockpiles soared unexpectedly last week as imports climbed and production edged higher to a new record, the Energy Information Administration said on Wednesday. Refined fuel inventories fell Continue Reading
From molecules to electrons; can Big Oil become Big Power?
European oil companies have started to address what they worry may one day be an existential threat to their business — the end of a century of oil demand growth Continue Reading
While You Weren’t Looking, General Haftar Has Been Taking Over Libya
In Libya since the fall of Muammar al-Qaddafi, years often pass without much change as political deadlock continues and the economy decays. Then a moment of opportunism triggers a chain Continue Reading
Expect An Extension Of Iran Sanction Waivers
With Iran sanctions waivers set to expire in a few weeks, the Trump administration faces a difficult task. Oil prices are once again on the rise, just as they were Continue Reading
Prime ministers refrain from endorsing oil lawsuit
Iraqi Prime Minister Adil Abd al-Mahdi and Kurdistan Regional Government (KRG) Prime Minister Nechirvan Barzani ignored a request to sign key pleadings in a landmark court case – a sign Continue Reading
Nigeria: Shell Paid Nigeria U.S.$6.3 Billion in 2018, Highest in the World
Royal Dutch Shell, Nigeria’s largest foreign investor paid the Nigerian government $6,397,325,844 as oil production entitlement, taxes, royalties and fees arising from the company’s activities involving oil and gas exploration, Continue Reading
Exxon, Repsol and Ecopetrol sign deals for Colombia offshore oil exploration blocks
Exxon Mobil Corp and Colombia’s state-run oil company Ecopetrol SA have each signed joint contracts with Spain’s Repsol SA to explore for oil in offshore blocks in the Caribbean, the Continue Reading
Venezuela Oil Exports Remain Surprisingly Stable In March
Venezuela exported a little over 980,000 bpd on average in March despite a string of severe blackouts, Reuters reported , citing documents from state oil company PDVSA and its own Continue Reading