Russia’s oil production inched down to 11.23 million barrels per day (bpd) in the first half of October, official Russian data showed on Wednesday, yet Moscow is still several thousand Continue Reading
British police have ordered a halt to Extinction Rebellion protests in London after a week of civil disobedience by climate change activists who have targeted government building and major financial Continue Reading
One of the world’s largest independent oil traders, Gunvor Group, plans to revamp its refinery in Rotterdam to adapt it to produce low-sulfur fuel oil that would be compliant with Continue Reading
BP will take charges of $2 to $3 billion in the third quarter, the British energy firm said on Friday, as it looks to reach divestments worth $10 billion by Continue Reading
Late senator John McCain once said that “Russia is a gas station masquerading as a country.” There was some truth in his statement after the disintegration of the Soviet Union Continue Reading
When Bob Dudley became BP’s chief executive in 2010 hefaced a political and public backlash in the US after the deadly Gulf of Mexico blowout. He had to bring the Continue Reading
China and Russia could deepen their energy cooperation as Beijing is interested in working with Russia to develop nuclear power and wind power projects in the Arctic region, Sputnik reported Continue Reading
This year, the oil market has faced some of the worst supply disruptions in recent times and yet prices remain stuck in the $60s. OPEC ’s oil production tumbled the Continue Reading
he US government’s continued hardline stance on Iran has spilled over into the LNG sector, with Washington’s latest sanctions imposed against a Chinese shipper having a potential knock-on effect on Continue Reading
Russia’s largest oil company Rosneft has set the euro as the default currency for all new exports of crude oil and refined products, as the state-controlled giant looks to switch Continue Reading
