Schlumberger, Baker Hughes and Halliburton are in the process of liquidating and exiting existing tenders and contracts in Iraq’s semi-autonomous Kurdistan region to be in compliance with a Federal Supreme Continue Reading
Saudi Arabian and Kuwaiti officials for the Neutral Zone — the oil-producing area that straddles the border between the two countries — met on July 3 to discuss ways to Continue Reading
There have been tensions over the location of the Israeli gas rig within the contested waters. Earlier this month, Lebanon’s Hezbollah sent three unarmed drones towards an Israeli Mediterranean gas Continue Reading
Saudi Arabia, the world’s top oil exporter, raised August crude oil prices for Asian buyers to near-record levels amid tight supply and robust demand. The official selling price (OSP) for Continue Reading
U.S. oilfield services companies Schlumberger (SLB.N) , Baker Hughes (BKR.O) and Halliburton (HAL.N) have pledged to comply with a federal supreme court ruling and withdraw from Iraq’s Kurdistan region, the Continue Reading
It takes a lot to shake confidence in Reliance Industries Ltd, 500325 0.80%▲ India’s most valuable company. An unprecedented windfall tax on fuel exports, which pushed the stock down by as much as 9% on Continue Reading
India’s windfall tax on oil companies and refiners, introduced last week, could stay for a very long time, as the government plans to withdraw it only when oil prices drop Continue Reading
Hundreds of homes have been inundated in and around Australia’s largest city in a flood emergency that was causing trouble for 50,000 people, officials said Tuesday. Emergency response teams made Continue Reading
South Korea’s newly-elected president Yoon Suk-yeol unveiled his new energy plan July 5 focused on reducing the country’s reliance on fossil fuels and increasing oil and LNG stockpiles with a Continue Reading
:Yellen and Chinese Vice Premier Liu discussed US economic sanctions and tariffs. Bruce Einhorn reports. Bloomberg News Senior US and Chinese officials discussed US economic sanctions and tariffs Tuesday amid Continue Reading
