Tests of the first shale well at Cuadrilla’s site in northwest England show a rich reservoir of high quality and recoverable gas, the British firm said on Wednesday, adding that Continue Reading
France’s trade deficit widened last year as higher oil prices inflated the energy import bill, offsetting an increase in exports, the customs data showed on Thursday. The deficit widened to Continue Reading
OPEC and non-OPEC countries could discuss a charter outlining open-ended cooperation in April, TASS news agency cited Russian Energy Minister Alexander Novak as saying on Thursday. Novak said in December Continue Reading
Russia’s gas giant Gazprom aims to further increase its 35-percent market share in Europe, amid higher natural gas demand and expected lower production at key western European natural gas producers, Continue Reading
Saudi Arabia and its Persian Gulf allies are backing a formal partnership with a 10-nation group led by Russia to try to manage the global oil market, according to OPEC Continue Reading
Russia’s anti-monopoly service (FAS) said on Wednesday that various forms of cooperation were still possible with oilfield services giant Schlumberger despite the company’s bid for Eurasia Drilling Company falling apart. Continue Reading
The European Union (EU) is mulling over imposing more sanctions on Venezuela, but those sanctions will not be targeting the oil sector, as the bloc looks to punish individuals, not Continue Reading
The UK’s CO2 emissions peaked in the year 1973 and have declined by around 38% since 1990, faster than any other major developed country. Here, Carbon Brief presents detailed analysis Continue Reading
BP joined its competitors in posting a strong 2018 performance, with a doubling of profits driven by strong growth in oil and gas output following a large U.S. shale acquisition. Continue Reading
U.S. oilfield services giant Schlumberger said on Tuesday it will continue looking for alternative ways to work in Russia’s onshore drilling market despite its bid for Eurasia Drilling Company (EDC) Continue Reading
