Geopolitics of Energy: Saudi Arabia Acting as Oil ‘Shock Absorber’ for India
Oil prices went up earlier this week in response to the anticipating fall in in Iran’s oil exports ahead …
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White House Pondering Exceptions to Oil Sanctions on Iran
The White House is actively considering exceptions to the US sanctions on Iran that it will reimpose in November. …
Clouds Lift from Libya’s Troubled Oil Sector: Foreign Companies Back in Action
Italy’s Eni is to acquire a controlling stake of BP’s Libya assets and plans to start oil exploration there …
Filling in Oil Supply Gap Against the Backdrop of Iranian Sanctions
Saudi Crown Prince Mohammed bin Salman has said that his country had filled in the supply gap that had …
Geopolitics of Energy: China’s Sinopec Succumbs to US Pressure Over Iran
China’s Sinopec has succumbed to the US pressure and curbed its crude imports from Iran. While the numbers are …
Oil Market Update: Iranian Crude Export Already Down
Iranian oil exports are down before the second round of US sanctions enters into force at the beginning of …
Shell’s Nigerian Strategy Shifting from Onshore to Offshore
Royal Dutch Shell wants to reconsider its activities in Nigeria and give more attention to the oil and gas …
Controversial Keystone XL Pipeline Assessed as Environmentally Friendly
The US State Department said that the controversial Keystone XL oil pipeline would not do any harm to water …
Geopolitics of Energy: Russian Oil Producers Seek Alternatives for US Dollar
Russian producer Surgutneftegaz is trying to make buyers to relinquish the US dollar and instead pay for the crude …
Uganda’s Hoima Oil Refinery Construction Delayed
Uganda’s oil refinery construction is likely shifted by two years following delays with project studies. The front-end engineering design …