BP’s shareholder meeting, in Aberdeen, was surrounded by climate-change protesters demanding tough targets for carbon emissions. Royal Dutch Shell’s, in Amsterdam, was not. This may have been a transport issue: Continue Reading
The United States is increasing its oil imports from Russia, according to a Bloomberg source , as US refineries clamor for more oil now that Venezuelan oil supplies have dried Continue Reading
More than 99 percent of BP’s shareholders voted in favor of a climate change shareholder resolution on Tuesday, pushing the UK oil and gas supermajor to set out a business Continue Reading
Russia’s Energy Ministry said on Wednesday that clean crude oil was moving via the Druzhba pipeline towards the border of Hungary and Slovakia and was expected to reach the metering Continue Reading
A magnitude 3.4 earthquake hit the northern Dutch village of Westerwijtwerd close to the giant Groningen gas field early Wednesday, Dutch meteorology institute KNMI said. Receive daily email alerts, subscriber Continue Reading
Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year. But gains were checked by concerns that Continue Reading
Oil prices on Monday rose to multi-week highs before easing later in the session as OPEC indicated it was likely to maintain production cuts that have helped boost prices this Continue Reading
It’s been almost three-and-a-half years since global oil prices dipped to precarious levels for major oil producing nations. Oil prices had plunged from more than $100 per barrel in mid-2014 Continue Reading
There has been much talk of an Iran War in recent weeks, but the likelihood of a war, whether intentional or accidental, is relatively small for the simple reason that Continue Reading
Oil prices have gone through a significant correction over the past few weeks, with WTI crude dropping from a six-month high of $66.30/barrel on April 23 to $61.04/barrel on May Continue Reading
