Saudi Arabia’s economic outlook for this year remains uncertain amid the pandemic-driven economic slowdown and the collapse in oil prices that led to the Kingdom slashing its oil production as Continue Reading
Libya’s National Oil Corporation (NOC) said that a warship had been staying at the Ras Lanuf oil terminal for several days, and has demanded that the military activity at vital Continue Reading
Highlights Hess charters vessel to take stored crude: shipping report Key Libyan ports blockaded in power struggle Militia said it may allow some loadings to relieve storage London — Hess Continue Reading
A company owned by Iran’s biggest state-controlled charity has signed a contract to develop part of the country’s second-largest oil field. Sina Energy Development Co. will carry out drilling and Continue Reading
Iraq’s semiautonomous Kurdish region could not comply with Baghdad’s request to cut output by 120,000 b/d due to financing needs, but implemented a lesser reduction, a Kurdish minister told Iraq’s Continue Reading
Crude production from Kazakhstan’s highest-producing oil field, Tengiz, dropped 12% on the year in the second quarter to 570,000 b/d, figures from the Chevron-led operating consortium showed Sept. 9, reflecting Continue Reading
The Federal Government, Wednesday, asked a court in Milan, Italy, to order Royal Dutch Shell and Eni to pay the sum of $1.092 billion as an immediate advance payment for Continue Reading
The fully laden Indian Oil Corp., or IOC, chartered super tanker is leaking oil, likely from its fuel tanks but the 260,000 mt crude cargo is still safe, several sources Continue Reading
Carbon emissions are on the rise again after a short blip when the pandemic brought entire industries and international travel to a halt. Emissions from burning fossil fuel dropped by Continue Reading
Bill Gates better hurry up and build those “homegrown” nuclear reactors across the Pacific Northwest, because China is already on track to outpace the US in applying the newest generation Continue Reading
