Iran called on Britain on Friday to immediately release an oil tanker that British Royal Marines seized last week on suspicion it was breaking European sanctions by taking oil to Continue Reading
Last week Saudi Arabia announced that it is to launch its first Euro-denominated bonds shortly, following the recent bond issue from Saudi Aramco. At around the same time, the effective Continue Reading
Yenagoa — Shell Petroleum Development Company of Nigeria Limited (SPDC) has said security remains a major challenge occasioned by continuing crude oil theft and vandalism of oil and gas facilities Continue Reading
Nigeria loses between $7 billion and $12 billion to crude oil theft annually, a study by the Nigeria Natural Resource Charter (NNRC) has found, prompting reactions from stakeholders on the Continue Reading
The Mexican government will propose an additional tax reduction for heavily indebted state oil company Pemex [PEMEXF.UL] in the nation’s 2020 budget, President Andres Manuel Lopez Obrador said Thursday, the Continue Reading
A recent blackout in Venezuela disrupted operations at PDVSA’s 940,000 barrel-per-day refining complex, threatening to exacerbate fuel shortages that have already become commonplace in the country. The incident came after Continue Reading
Japan has adopted a peaceful approach towards nuclear technology , limiting it to the use of supplying electricity. This is despite being the only nation to have suffered devastating effects Continue Reading
Threatened flooding from a tropical storm in the U.S. Gulf of Mexico that cut nearly a third of the region’s oil production has forced the shutdown of a coastal refinery, Continue Reading
Cheap, clean, safe and secure. Whether it’s petroleum products, natural gas or electricity, that’s how we like our energy. But we’re never really satisfied, are we? Our wallets feel picked by Continue Reading
Rig pattern still zigzags but becoming more settled US land rig visibility ‘murky’ before Q2 earnings start Permian falls six to 440 in biggest basin decline Houston — The US Continue Reading
