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BP to Layout 400 Ultra-Fast EV Charging-Points Across The UK
Oil giant BP has announced the start of its rollout of 400 ultra-fast electric vehicle (EV) charging-points across the UK. The firm will launch the network thou…
Shale Gas
Russian Giant Gazprom Saw the Highest Production Growth
Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the US and China, while BP dominates among th…
Oil&Gas Drilling
What is Hydraulic Fracturing? A Controversial Source of Energy
The US is the world leader in fracking and natural gas in the world. Fracking, also known as hydraulic fracturing, is a common target for environmental protesto…
Oil&Gas Drilling
NNPC Called on the Chinese Government to Increase its Investment in the Nigerian Petroleum Industry
The Nigerian National Petroleum Corporation, NNPC, Thursday, called on the Chinese government to increase its investment in infrastructural development in the N…
Oil & Gas Trade
An Iranian Oil Tanker Seized by British Royal Marines will be Released
Gibraltar Chief Minister Fabian Picardo said that the Grace 1 would be released on Thursday, adding that Gibraltar authorities would not renew the order to deta…
Oil & Gas Trade
How Do U.S. Sanctions Affect the Sector?
In January the United States imposed sanctions on Venezuela’s most important global business - producing and selling crude oil, which accounts for more than 95…
Oil & Gas Trade
IEA Warns Global Oil Situation is Becoming Even More Uncertain
Mounting signs of an economic slowdown and a ramping up of the US-China trade war have caused global oil demand to grow at its slowest pace since the financial …
Oil&Gas Drilling
The Upheaval in the UK North Sea Looks Set to Continue with US Oil
The upheaval in the UK North Sea looks set to continue with US oil and giant ExxonMobil reported to be considering exiting the area after more than 50 years.
Oil Price
Oil Prices Continued to Rally Yesterday as the Trade War Stoked Fears
Oil prices continued to rally yesterday, following reports that the United States has decided to delay the next round of tariffs that were to be imposed on Chin…
Oil Price
Crude Oil Futures Retreated from Overnight Highs
Crude oil futures retreated from overnight highs, spurred by signs of a thaw in US-China tensions, during mid-morning trade in Asia Wednesday on profit-taking f…
Offshore Oil and Gas Brazil 2019
Endless Discovery in Brazil and Pay Our Respects to the FPSO Kingdom!
Oil&Gas Drilling
Malaysia Develops a $480 Million Oil Storage To Push It into An Oil And Gas Hub
Malaysia on Tuesday said the Johor PortAuthority was working to develop a 2 billion ringgit ($477 million) oil storage and ship refueling site in the country's …
Oil & Gas Trade
Crude Oil Futures were Marginally Lower During Mid-morning Trade in Asia
Crude oil futures were marginally lower during mid-morning trade in Asia Tuesday, amid concerns over the impact the ongoing US-China trade tensions will have on…
Crude
US Crude Oil Inventories Fell , as Refinery Runs Remained High
US crude oil inventories likely fell 2.7 million barrels last week, as refinery runs remained high, an S&P Global Platts analysis showed Monday.
Trump's EPA Grants 31 Small Refinery Waivers from Biofuel Laws
The U.S. Environmental Protection Agency has granted 31 small refinery biofuel waivers for 2018 on Friday, infuriating the ethanol and corn producers who blamed…
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