Petroleos de Venezuela (PDVSA), the Venezuelan state-owned oil and natural gas company, has been accused by the country’s congressional commission of embezzling about $11 billion
Category: Energy
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 and withstand a sharp downturn in
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, which was only a day after
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 digital and media coverage of initiatives
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 for informal talks next week during
Run-Up to UNFCCC Conference in Morocco: Climate Change in Youth Photography Competition
The 22nd session of the Conference of the Parties (COP 22) and the 12th session of the Conference of the Parties, serving as the meeting
OPEC Reaches an Output Freeze Deal
OPEC agreed on Wednesday (28 September) to freeze its output for the first time since 2008 after Saudi Arabia had changed its mind amidst pressure
2016 Energy Analytics Published
The International Energy Agency (IEA) has recently published the 2016 edition of its Key World Energy Statistics. According to the report, electricity is playing an
Market Update: Oil Output Freeze Looming Over
The OPEC’s Secretary General said yesterday (20 September) that a possible deal aiming to prop up oil prices could last for one year. The cartel
Naftogaz’s Gas Imports from Europe Threatened
The Charter of Naftogaz, the national oil and gas company of Ukraine, has been changed in violation of a contract with foreign creditors, a decision