Bank of Montreal is pitching energy companies to issue sustainable bonds as the lender seeks to expand its ESG capital markets business amid pressure for the oil industry to move into greener technologies.
Exxon Mobil has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal program.
Greenpeace in Germany has come out with an amazing set of reports which, intentional or not, are highly suggestive of how we can expect the German gas market to develop in the coming decade.
Zhejiang Petroleum Trading Co. is set to become the first company with a foreign investment to win a crude oil import license in China, signaling the country further opening up its oil industry.
The Kyalla 117 N2-1 is the first well in Origin’s stage-two drilling programme to target the Kyalla shale liquids-rich gas play.
Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week’s trade talks, raising uncertainties for global economic growth and oil demand.
- Oil prices extend slide to third straight day, U.S.-China trade doubts grow (Euronews: Oct 9, 2019 at 5:34 AM)
- Oil prices dip for 3rd day as U.S.-China trade doubts grow (Financial Post: Oct 9, 2019 at 5:09 AM)
- Oil prices dip for 3rd day as U.S.-China trade doubts grow (Reuters: Oct 9, 2019 at 5:08 AM)
- Oil falls a third day as U.S.-China trade tensions may limit demand (Reuters: Oct 9, 2019 at 6:58 AM)
The Russian Direct Investment Fund opened its first overseas office in Saudi Arabia as the sovereign wealth fund scouts for investment opportunities in the oil-rich kingdom.
At the St. Petersburg International Economic Forum, Gazprom Neft and Novatek announced their intention to create a joint venture to search, explore and develop oil and gas fields to work in the Arctic.
The turmoil caused by U.S. sanctions on Chinese shipping companies in the global seaborne freight market is now impacting the way oil is purchased and traded.
JKX’s drilling and workover programme in Ukraine continues to yield strong results, but the company has come under pressure from low gas prices.