Algeria hopes to win more international interest in its upstream through both bilateral talks and future licensing rounds, as its revamped hydrocarbon law offers new incentives to foreign players, the head of energy regulator Alnaft said in an interview.
The largest Spanish oil company Repsol confirmed information about non-participation in the joint venture with Shell and Gazprom Neft for development of Leskinsky and Pukhutsyayakhsky license areas on the Gydan Peninsula, an official spokesperson of the company told TASS.
Prices of industrial goods producers in Russia dropped by 7.2% in April 2020 as compared to March, the Federal State Statistics Service (Rosstat) said on Friday.
The smallest shale oil drillers have endured their fair share of pain in this spring’s energy collapse and, with ailing stock prices, analysts are finding it even tougher to cover the group.
Returns from turning oil into fuels are lagging behind crude’s jump, signaling that prices are still vulnerable and demand may not be recovering fast enough to justify the rally.
…invent to hoax the credulous. Besides, the black hole in the world economy created by coronavirus looms larger on Lex’s event horizon than a gravitational irregularity 1,000 light years away. It has…
When BP Plc announced its plans to tackle its carbon emissions in February, it overshadowed another big change: Getting rid of the traditional Big Oil corporate structure split between refining and production.
Oil prices tumbled about 4% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis.
The oil and natural gas capital of the world is going all-in on solar power.
…may help to explain why many of us haven’t mustered the energy to take up oil painting or read Tolstoy. Whether you are on your own, elbowing a partner for laptop space or trying to work while home…