EXCLUSIVE Eni, BP in talks over oil and gas assets in Algeria
BP (BP.L) and Eni (ENI.MI) are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to Continue Reading
Saudi Arabia expected to raise July light crude prices for Asia -survey
General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah Top oil exporter Saudi Arabia is expected to slightly increase Continue Reading
New Iran Nuclear Deal May Completely Derail Oil Price Rally
According to senior political and economic sources who work closely with the current Iranian government exclusively spoken to by OilPrice.com last week, the U.S. has agreed to a tentative removal Continue Reading
Delhi Reopens a Crack Amid Gloomy Economic Forecast for India
The Indian capital, which just weeks ago suffered the devastating force of the coronavirus, with tens of thousands of new infections daily and funeral pyres that burned day and night, Continue Reading
Equinor and Exxon to develop $8 bln Brazilian oilfield
Equinor (EQNR.OL) , ExxonMobil (XOM.N) and Petrogal Brasil said on Tuesday they would proceed with an $8 billion development of Brazil’s Bacalhau oil discovery. First oil from the field, which Continue Reading
The IEA Is Pleading To China To Slow Down Coal Production
The International Energy Agency (IEA) has issued yet another warning that if we are to have any hope of avoiding the worst effects of global warming, we have to keep Continue Reading
China Boasts Successful Nuclear Fusion
Chinese media have reported that researchers working on a nuclear fusion project have succeeded in holding plasma of 120 million degrees Celsius for close to two minutes. Chinese daily Global Continue Reading
China likely to cut key oil product exports in 2021 by slashing quotas
China is likely to cap its key oil product exports — gasoline, gasoil and jet fuel — in 2021 by slashing quota allocation in an effort to meet carbon emission Continue Reading
Get Ready For $5 Gasoline
Get ready for $5 per gallon gasoline – especially if you live in California. At least, that was the contention of a new WSJ op-ed that claims higher taxes and Continue Reading
Battle Brews Over Banning Natural Gas to Homes
A growing fight is unfolding across the U.S. as cities consider phasing out natural gas for home cooking and heating, citing concerns about climate change, and states push back against Continue Reading