There are indications that ExxonMobil has concluded plans to divest from some onshore and offshore fields worth $3 billion in Nigeria. Industry and banking sources that made this disclosure to Continue Reading
Exxon Mobil may sell a suite of oil and gas fields it holds in Nigeria and has commenced talks on the sales as it focuses on new developments in United Continue Reading
Liquefied natural gas (LNG) will become a big part of China-U.S. trade once tensions are properly resolved between the two countries, a senior executive from China National Offshore Oil Corp Continue Reading
Venezuela’s state-run energy company, PDVSA, kept oil exports near 1 million barrels per day in March despite U.S. sanctions and power outages that crippled its main export terminal, according to Continue Reading
As the United States leans into sanctions against Venezuelan oil and the administration of contested president Nicolas Maduro, longtime PDVSA buyers have had to look to other Latin American countries Continue Reading
China’s three state oil and gas companies plan to increase their spending on oil and gas by 20 percent this year, bringing the total to some US$74.4 billion (500 billion Continue Reading
Canada is warming twice as fast as the rest of the world, a landmark government report has found, warning that drastic action is the only way to avoid catastrophic outcomes. Continue Reading
Working through two winters in the biting arctic cold, roustabouts bored three miles deep into the coastal plain of northeast Alaska in search of oil. In the spring of 1986, Continue Reading
Royal Dutch Shell is on track to revitalize the Rust Belt by building the first major factory in the region since 1992. The massive polyethylene plastics plant being constructed along Continue Reading
Washington — Global oil prices are not deterring the White House from considering additional sanctions against Venezuela, US Vice President Mike Pence said Tuesday. Receive daily email alerts, subscriber notes Continue Reading
