Despite legislative delays to full implementation, Iraq’s government has approved the next steps to a new national oil company. Thamir Ghadhban, then-Deputy Prime Minister for Energy Affairs and Oil Minister Continue Reading
No beds, medicines running low and hospital wards prone to fire — Iraq’s doctors say they are losing the battle against the coronavirus. And they say that was true even Continue Reading
The House of Representatives at the plenary, Thursday stepped down the report of the conference committee on Petroleum Industry Bill (PIB), following a shouting match by Niger Delta lawmakers, who Continue Reading
Apparently in a bid to comply with the output quota of the Organisation of Petroleum Exporting Countries, OPEC, Nigeria’s oil output dropped 11.47 per cent year-on-year, YoY, in the second Continue Reading
China is set to release another 10 million tons of coal from its reserves to prevent shortages amid soaring coal prices and tight supplies in the fifth such release this Continue Reading
SYDNEY, July 16 (Reuters) – Australian Prime Minister Scott Morrison and state premiers were under increasing public pressure on Friday to get on top of a fast-growing Delta variant COVID-19 Continue Reading
U.S. Jobless Claims Fall to Fresh Pandemic Low Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . Applications for U.S. state unemployment Continue Reading
Energy companies are raising money again from Wall Street at superlow borrowing costs, thanks in part to higher oil prices. The one thing most investors don’t want them to do Continue Reading
It is not a great time to be an oil pipeline developer or operator in North America these days. Policymakers are canceling projects and threatening to close operational pipelines. Environmental Continue Reading
New Mexico, the Land of Enchantment, was concerned when Biden’s pause on oil and gas drilling leases took hold, but six months into the new administration the state’s oil industry Continue Reading
