Total First Western Energy Company to Strike a Deal with Iran
Total, French oil and gas giant, will be the first Western energy company to strike a deal with Iran. …
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4/11 Landmark Day: Paris Agreement Enters into Force Today
The Paris Agreement – a landmark global deal to fight climate change adopted on 12 December last year in …
Non-OPEC Countries Still Unwilling to Curb Oil Production
Non-OPEC producers yesterday (30 October) refused to commit themselves – in the face of pressure from the members of …
Asian Oil Markets Rebalancing
Asian oil markets are believed to be slowly returning to balance after China’s oil production was cut and its …
Saudi Arabia Invites Russia for Talks to Intensify non-OPEC Cooperation
Saudi Arabia’s Energy Minister Khalid al-Falih said yesterday (23 October) that he had invited Russian Energy Minister Alexander Novak …
Venezuela’s State-Run Oil Giant Accused of Embezzling $11 Billion
Petroleos de Venezuela (PDVSA), the Venezuelan state-owned oil and natural gas company, has been accused by the country’s congressional …
Oil Majors Focus on Technology to Drive Cost Savings
Major oil companies are using the newest technologies including drones and drill design to data management to decrease costs …
Brazilian President Says No Increase in Fuel Tax Planned
Brazilian President Michel Temer said on Saturday (15 October) that his cabinet does not intend to increase fuel taxes, …
Cop22 Marrakech 2016: #Connect4Climate – Film4Climate Initiative Launched
The upcoming Marrakech Climate Change Conference that will take place from 7-18 November in Morocco will feature an unprecedented …
OPEC to Meet Russia: Doubts about the Freeze on Rise
Energy ministers of OPEC members – Saudi Arabia, Iran and Iraq – will be meeting with their Russian counterpart …