New ‘Kill-Fluid’ Technique Developed to Safeguard the North Sea’s Decommissioned Oil Wells
Company Sentinel Subsea announced it has designed the tracer compound that restrains leaks from decommissioned oil wells in the …
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Greening America: US Renewable Energy Sector Close to a Tipping Point
The United States’ renewable energy industry is on the verge of a tipping point as the sector is close …
Chevron Buys a Texas Refinery from Brazil’s Petrobas
Chevron finalized a $350 million purchase of a refinery located in the Houston suburb of Pasadena in Texas. The …
Geopolitics of Energy: Oil Prices Rise as Political Crisis in Venezuela Escalates
Oil prices have risen after Venezuelan opposition leader Juan Guaido called for military support to put an end to …
Donald Trump’s Arctic Drilling Agenda Slammed by Environmentalists
President Donald Trump’s energy agenda is threatened by a condemnation from federal wildlife regulators regarding the sale of at …
US Stops Granting Waivers on Oil Purchases from Sanction-Hit Iran
Two White House officials let themselves heard on Friday (26 April) that there would not be any more waivers …
Venezuela Channels Oil Sale Proceeds Through Russia to Bypass US Sanctions
President Nicolas Maduro is trying to fight the sanctions imposed on Venezuela by funneling cashflow through Russian state energy …
Iran-Venezuela Sanctions Fallout: EU Paying the Price for High Oil While Russia Benefits
European refiners are bearing the brunt of the impact of US oil sanctions on Venezuela and Iran as they …
Market Update: Saudis Mull Extending Oil Production Cut
The Saudi energy minister said that it was early to say whether there was a consensus among OPEC and …
Tit-for-Tat: Saudi Arabia Threatens to Ditch Oil Dollars if NOPEC is Passed
Saudi Arabia is threatening to start selling its natural resources in currencies other than the US dollar if Washington …