Results50 articles shown
Swiss Court Tells Egyptian Energy Companies to Compensate Israel
Friday, April 28, 2017 Egypt sold gas to Israel under a 20-year agreement that collapsed in 2012 after months of repeated attacks by insurgents on a pipeline serving Israel in Egypt's remote Sinai peninsula.
Russian Fuel Retailers Complain of Pre-election Price Cap
Friday, April 28, 2017 In a country where almost 40 percent of the population drives and whose vast size means road transport is often the only option, fuel prices are politically sensitive.
Chinese Shale Gas Target Met with Skepticism
Friday, April 28, 2017 China's target to produce around 3 billion cubic feet per day of shale gas by 2020 has been met with doubt by oil and gas analysts at Tudor, Pickering, Holt & Co.
Turnbull Channels Trump With 'Australia First' Gas Export Curbs
Friday, April 28, 2017 Australia's Prime Minister Malcolm Turnbull is taking a leaf out of U.S. President Donald Trump's "America First" playbook.
Trump to Expand Offshore Drilling, Review Post-Spill Rules
Friday, April 28, 2017 President Donald Trump moves to expand offshore oil drilling and to reconsider rules that safeguard the activity.
U.S. Pipeline Regulator Raises Penalties for Safety Violations -Notice
Friday, April 28, 2017 The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) on Friday said it increased the maximum civil penalties that may be imposed for violations of federal pipeline safety laws.
Icahn's Oil Refiner Reports Plunge in Biofuels Bill in 1st Qtr
Thursday, April 27, 2017 Biofuels compliance expenses for CVR Energy's refining unit fell to the lowest level in almost five years during the first quarter, the company said on Thursday, as the U.S. government weighs an overhaul of its renewable fuels policy.
OPEC Wants Further Drop In Oil Stocks, Is Working For Consensus
Thursday, April 27, 2017 OPEC wants oil inventories to decline further and is working to ensure a policy-setting meeting in May.
Australia Plans LNG Export Limits to Help Ease Local Price Pain
Thursday, April 27, 2017 The Australian government's move, due to take effect on July 1, drew a swift rebuke from gas producers.
Trump's Tax Cut Proposal Shines Light on MLPs
Thursday, April 27, 2017 The Trump administration's proposal to slash tax rates on so-called pass-through businesses would deliver a windfall to investors in master limited partnerships.
Saudi Arabia Seen Losing Market Share to Iran, Iraq on Oil Cuts
Wednesday, April 26, 2017 Saudi Arabia, the world's biggest crude exporter, is losing market share to Iraq and Iran.
OPEC Ministers to Meet Russia Amid Push to Extend Cuts
Wednesday, April 26, 2017 The energy ministers of OPEC members Saudi Arabia and Venezuela plan to meet their Russian counterpart to discuss extending oil-output cuts.
Trump Order Aims To Allow Drilling At National Monuments
Wednesday, April 26, 2017 Trump signs an executive order to identify national monuments that can be rescinded or resized - part of a broader push to open up more federal lands to drilling, mining and other development.
China To Boost Non-Fossil Fuel Use To 20% By 2030
Tuesday, April 25, 2017 China aims for non-fossil fuels to account for about 20% of total energy consumption by 2030.
Undiscovered Oil, Gas Resources in Barents Sea Double
Tuesday, April 25, 2017 The undiscovered oil and gas resources in the Barents Sea are twice as large as previously assumed, according to the Norwegian Petroleum Directorate's new calculations.
Perry Says Trump Should Renegotiate, Not Exit, Paris Accord
Tuesday, April 25, 2017 The White House has said it will decide by next month what to do with the deal involving more than 190 nations struck in the French capital in 2015.
India Aims To Cut Petroleum Imports As It Boosts Alternative Fuel Use
Monday, April 24, 2017 India aiming to cut its oil products imports to zero as it turns to alternative fuels such as methanol in its transport sector.
Bulgaria May Seek More Time To Reply To Gazprom Concessions
Monday, April 24, 2017 Bulgaria may need more time to respond to concessions proposed by Russian gas giant Gazprom in an EU antitrust case, its energy minister says.
OGA Urging Industry to Increase Pace of Collaboration
Friday, April 21, 2017 The UK Oil and Gas Authority (OGA) is urging the industry to increase the pace at which licensees develop a culture of collaboration both internally and externally.
US Will Not Issue Drilling Waivers To Russia Sanctions
Friday, April 21, 2017 The US will not make an exception for American companies seeking to drill in areas prohibited by US sanctions on Russia.
Exxon Probe Is Unconstitutional, Republican Prosecutors Say
Thursday, April 20, 2017 A group of 11 Republican state attorneys general are protesting an investigation into whether ExxonMobil violated consumer protection laws.
UK General Election Could Have 'Huge Implications' For Energy Firms
Wednesday, April 19, 2017 The surprise general election called by UK Prime Minister Theresa May could have huge implications for UK and European energy firms, according to Airswift Senior VP Ford Garrard.
Trump's EPA To Reconsider Oil And Gas Emissions Rule
Wednesday, April 19, 2017 The US EPA says it would reconsider a rule on emissions from oil and gas operations and delay its implementation.
EIA: US Crude Stocks Dip, But Gasoline Inventories Rise
Wednesday, April 19, 2017 US crude stocks fell last week as refineries hiked output, but gasoline supplies, which are already seasonally high, surprisingly increased, EIA says.
Statoil Confident Brazil Deal To Go Ahead Despite Suspension
Tuesday, April 18, 2017 Statoil is confident that its deal with Petrobras to acquire a stake in exploration block BM-S-8 offshore Brazil.
May US Shale Oil Output Seen Rising Most In Over 2 Years
Monday, April 17, 2017 US shale production in May was set for its biggest monthly increase in more than two years, government data shows.
For North Korea, Cutting Off Oil Supplies Would Be Devastating
Thursday, April 13, 2017 Isolated North Korea doesn't consume much oil but curbing or cutting off its supplies in retaliation would be painful and potentially destabilizing to the regime of Kim Jong Un.
Turkey Sees No Need for Cyprus to Approve Israel Gas Pipeline
Thursday, April 13, 2017 A Turkey-Israel gas pipeline deal could be built through Cyprus' economic waters even without Cypriot consent, a Turkish official says.
IEA Says Global Oil Market Nears Balance Even As Stocks Rise
Thursday, April 13, 2017 Global demand for oil is finally close to outstripping supply after nearly three years of surplus production, despite growth in the overhang of unused crude, the IEA says.
UK Post-Brexit Economy Needs Energy Market That's a Mess
Thursday, April 13, 2017 Relying on natural gas to fuel Europe's second-largest economy was never going to be easy for the UK, even before Brexit.
Saudi Debt Binge Amid Oil Gains Eases Bank Liquidity Drought
Thursday, April 13, 2017 Saudi Arabia's repeat visits to international bond markets and a partial recovery in the price of oil, its biggest export, is easing a liquidity squeeze that was hampering its financial system.
PDVSA Notes Rally After Oil Company's $2.2 Billion Payment
Wednesday, April 12, 2017 Bonds issued by Venezuela's state oil company rallied after the country made $2.2 billion in payments on matured notes.
Algeria Could Amend Oil Law To Draw Investment
Wednesday, April 12, 2017 Algeria could change its hydrocarbons law to boost energy partnerships with foreign firms and draw more investment into its oil and gas sector.
Nigeria's Lower House Committee To Probe Oil License Deal
Wednesday, April 12, 2017 Nigeria's lower house of parliament has set up a committee to investigate the circumstances surrounding the award of oil prospecting licence (OPL) 245, the committee chairman says.
Australia Says Changes To BHP Structure Need To Fit National Interest
Tuesday, April 11, 2017 Any significant changes to the corporate structure of Anglo-Australian company BHP Billiton would need to be consistent with a "national interest" test under the law.
Energy Minister: Brexit Will 'Negatively Impact' North Sea Oil Sector
Monday, April 10, 2017 Brexit will 'negatively impact' the ability of the North Sea's oil and gas sector to fulfil the vision set out for the UKCS by its industry regulator, Scottish Energy Minister Paul Wheelhouse says.
Eni Denies Any Wrongdoing In Nigeria
Monday, April 10, 2017 A spokesman for Italian oil major Eni reiterates that the group and its personnel has not been involved in any wrongdoing in Nigeria.
Iran Security Body Reviewing New IPC Oil Contracts
Sunday, April 09, 2017 Iran's top security body is still reviewing the Iran Petroleum Contract (IPC) model, Oil Minister Bijan Zanganeh was quoted as saying on Sunday.
India's ONGC Sees Its Gas Output Hitting 5-Yr High In Fiscal 2018
Friday, April 07, 2017 India's Oil and Natural Gas Corp expects its natural gas production to reach a 5-year high in the current fiscal year.
Russia's Surgutneftegaz Says Sticking To Global Oil Output Deal
Friday, April 07, 2017 Vladimir Bogdanov, the veteran head of Russia's 3rd largest oil producer Surgutneftegaz , told Reuters that his company was sticking to a global deal to cut oil output to support crude prices.
Italy Court Halts TAP Pipeline Work In Italy
Thursday, April 06, 2017 An Italian administrative court has halted work to remove olive trees standing in the path of a strategic pipeline that will bring central Asian gas into Europe.
Oil & Gas UK Supports Gender Pay Gap Legislation
Thursday, April 06, 2017 Industry body Oil & Gas UK supports new legislation that will help close the gender pay gap.
Nigeria's Senate Receives Oil Industry Reform Bill
Thursday, April 06, 2017 Nigeria's senate will debate a long-awaited oil industry reform bill after receiving the draft law.
Iran 'Not Concerned' By Indian Threat To Cut Oil Imports
Wednesday, April 05, 2017 Iran's oil minister dismissed India's decision to cut oil imports from Tehran in 2017/18 by a fifth as a threat on Wednesday, in an escalation of a dispute over a giant gas field contract.
Norway Deputy Oil Minister To Meet CNOOC As Oslo-Beijing Relations Thaw
Wednesday, April 05, 2017 Norway's deputy oil minister will meet top executives of CNOOC's to discuss possible cooperation ahead of the first visit by a Norwegian prime minister to China in a decade, officials said.
Authorities Approve Trestakk PDO
Wednesday, April 05, 2017 Norwegian authorities approve the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea.
Sinopec Markets US Dollar Bonds In 3 Tranches
Wednesday, April 05, 2017 State-owned oil producer China Petrochemical Corporation (Sinopec) is in the market to sell benchmark US dollar bonds in 3 tranches.
Buhari's Change of Tack in Nigeria Delta Boosts Oil Output
Tuesday, April 04, 2017 A year and $7 billion in lost oil exports later, President Buhari's decision to switch tack by negotiating with the fighters seems to be working.
Brazil Aims to Raise $7.7B in Oil, Gas Auctions by 2019
Monday, April 03, 2017 Brazil's government expects to raise at least 24 billion reais ($7.7 billion) in oil and gas auctions through 2019, Energy Ministry Executive Secretary Paulo Pedrosa said.
Latvia Opens Natural Gas Market To Competition
Monday, April 03, 2017 Latvia opens its natural gas market, aiming to end its decades-long energy dependency on Russia's Gazprom by providing third-party access to the country's natural gas system.
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