A prolonged heatwave in Siberia is “undoubtedly alarming”, climate scientists have said. The freak temperatures have been linked to wildfires, a huge oil spill and a plague of tree-eating moths. Continue Reading
All OPEC charts below were taken from the latest OPEC Monthly Oil Market Report . All data is through May 2020 and is in thousand barrels per day. OPEC crude Continue Reading
OPEC+ emerged from its Joint Ministerial Monitoring Committee (JMMC) on Thursday confident that all members would reach their respective production quotas as laid out in the Declaration of Cooperation—eventually. The JMMC Continue Reading
ndia has taken an historic step towards ending the state monopoly on the mining and selling of coal by auctioning 41 mines in the country, a move that allows private companies Continue Reading
The widening scale of the coronavirus pandemic in Iraq is causing new disruptions to oil sector operations and is hurting the ability of security forces to respond to an intensifying insurgency. Continue Reading
Iranian Foreign Minister Mohammad Javad Zarif tweeted that “an agreeable solution is possible” for the United Nations nuclear watchdog’s request for access to two nuclear sites in the country. France, Continue Reading
Saudi Aramco , the world’s biggest oil exporter, has begun cutting hundreds of jobs as it looks to reduce costs after a slump in energy prices, according to people familiar Continue Reading
Low oil prices are forcing drillers to dramatically curtail risky exploration, especially in frontier regions such as Africa. The reality of crude’s slump fully hit the continent in May as Continue Reading
A last-ditch attempt to resolve a decade-long dispute between Egypt and Ethiopia over a huge new hydropower dam on the Nile has failed, raising the stakes in what – for Continue Reading
Nigeria and Royal Dutch Shell Plc have failed to implement most recommendations made by the United Nations to clean up oil pollution in the Niger River delta, according to a Continue Reading
