Over the last few weeks, we have witnessed several major steps that Russia had taken in order to fortify its revenues from selling its natural
Category: Energy
India’s RIL Stops Investment in R&D
India’s Reliance Industries Ltd (RIL), country’s largest private sector enterprise with businesses in the energy and materials value chain, has decided to stop its investment
Israel in Oil Business Talks with Egypt
The leadership of Israel’s giant oil company, Leviathan, said that they had signed a preliminary agreement with British oil and gas firm, BG Group, to
Washington Relaxes Oil Export Restrictions
The United States has provided two oil companies – Pioneer Natural Resources Co and Enterprise Products Partners – with permission to export oil, which could
African Development Bank Supports Greenfield Oil Refinery
The African Development Bank (AfDB) has recently approved a loan of USD 300 million USD to Dangote Industries Limited for the construction and day-to-day running
Circle Oil Finds Gas in Morocco
The Irish Oil & Gas exploration firm Circle Oil has announced the discovery of gas in Morocco. The Limerick-based group said it encountered gas at
EU Headed for a Low Carbon Economy
The EU’s 14 energy ministers have been recently called upon by an advisory body that the EU28 should be heading towards a low carbon economy.
Ottawa Approves the Northern Gateway Pipeline
The Canadian government approved the building of the Northern Gateway pipeline by the Canadian crude oil and liquids pipeline company – Enbridge Inc’s – provided
Iraq Crisis Pointing to Canadian Oil Sands’ Strategic Importance
The escalating crisis in Iraq and the looming geopolitical turmoil in the Middle East have highlighted the urgent need to increase output of Canada’s oil
China Declares War on Pollution
Chinese Premier, Li Keqiang, said recently that China would declare war against pollution during his speech at the National People’s Congress session. His comments came