With US sanctions waivers set to expire early next month, a State Department official said Tuesday that the US remained committed to “zeroing out” Iranian crude oil exports, claiming that Continue Reading
Algeria exports to Spain, Italy down from earlier in year Oil-indexed gas contracts out of the money Washington — Receive daily email alerts, subscriber notes & personalize your experience. Register Continue Reading
The Biggest Saudi Oil Field Is Fading Faster Than Anyone Guessed More (Bloomberg) — It was a state secret and the source of a kingdom’s riches. It was so important Continue Reading
Three of eight importers granted waivers by Washington to buy oil from Iran have now cut their shipments to zero, a U.S. official said on Tuesday, adding that improved global Continue Reading
Some of the most secretive, highly-anticipated details about the Saudi oil industry have just been released. Saudi Aramco is preparing to launch a major bond issuance to purchase the Saudi Continue Reading
An oil field in Saudi Arabia. The Saudis say some of its reserves — about a fifth of the total — have been drilled so systematically over nearly a century Continue Reading
Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, Continue Reading
At the 2019 International Petroleum Conference held in London, recently, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, was reported to have copiously highlighted major Continue Reading
French supermajor Total said on Tuesday that it had started up production at the Kaombo Sul oil development, adding 115,000 bpd to bring Total’s overall production capacity to 230,000 bpd, Continue Reading
In early-February, South Africa discovered huge reserves of oil and gas off its shores. President Cyril Ramaphosa, along with many experts, described the find as a “game-changer” and promised legislation Continue Reading
