State-controlled Rosneft, the largest oil producer in Russia, has asked Russian President Vladimir Putin to be allowed to export natural gas with giant Gazprom acting as an export agent, Russian Continue Reading
Aker BP ASA, Norway’s second-biggest oil operator, isn’t planning on drilling for more oil and gas in the Arctic Barents Sea. (Bloomberg) — Aker BP ASA, Norway’s second-biggest oil operator, Continue Reading
Oil prices reversed gains on Monday, pulling back from more than three-week highs reached earlier in the session, as a powerful hurricane slammed into the U.S. Gulf coast, forcing shutdowns Continue Reading
Ida Batters Louisiana With Winds Stronger Than Katrina U.S. gasoline futures jumped after Hurricane Ida barreled ashore in Louisiana, disrupting processing facilities, while oil failed to hold onto an early Continue Reading
The is the sixth article in a series on BP’s recently-released Statistical Review of World Energy 2021 . Previous articles were: Today, I want to cover renewable energy. Renewable energy Continue Reading
Governments in long-established oil-rich nations around the world are coming under fire for their decisions over oil and gas versus renewable alternatives. The once-coveted natural resource is now a question Continue Reading
Conflict-torn Colombia’s economically crucial oil industry continues to labor under the pressure of an array of threats. After being severely impacted by the pandemic oil output in the Andean country Continue Reading
Emerging economies must continue to rely on fossil fuels while demand is high, largely ignoring the developed world’s green transition and taking this opportunity to develop their economies and boost Continue Reading
China’s top offshore oil and gas producer, CNOOC, has launched the country’s first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more Continue Reading
China’s Sinopec Corp plans to spend 30 billion yuan ($4.6 billion) on hydrogen energy by 2025 as the state oil and gas major pivots to producing natural gas and hydrogen Continue Reading
