Oil

Oil & Gas Trade

The Parties Discussed Russian-Ukrainian Cooperation in the Gas Sector, Russian Energy Ministry Said

"The parties discussed Russian-Ukrainian cooperation in the gas sector — settlement of mutual claims for the implementation of contracts, the terms for the tra…

Oil&Gas Drilling

Russia’s Oil Companies Propose Postponing Extension of OPEC+ Deal Until March

At a meeting at the Ministry of Energy on Thursday, representatives of the Russian oil industry proposed that the current quotas for reducing production within …

Navajo Nation to Convert Methane into Hydrogen for Power

The Navajo Nation announced this week it has signed a contract with renewable energy companies to convert methane vented from its oil producing operations in so…

In Oil And Gas, Activist Investors Lose Steam

Relatively steady but low oil and gas prices in North America have led to a slowdown in energy M&A and activist investors are finding that when deals do happen,…

Crude

Iran Launches Operation to Seal an Expanding Oil Leak Off Persian Gulf Rig

Iranian authorities say a major leak that has taken place off an oil rig in the Persian Gulf waters is being contained as they insist more work would be needed …

Crude

Russia Set to Overshoot Oil Quota Yet Again Ahead of OPEC+ Talks

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Russia, OPEC’s largest ally in a deal to cut oil production, is o…

Manufacturers, Oil and Gas Industrial Sites Could Get Property Tax Break Under New Bill

A new bill before the legislature would allow municipalities to extend new commercial property tax exemptions to manufacturing, processing and other industrial …

CCS

The Top Five Legal Barriers To Carbon Capture And Sequestration In Texas

Texas has long been home to a large number of U.S. oil and gas companies with the technical and industrial know-how to tackle the hurdles of capturing, transpor…

Shale Gas

Is Shale Still Challenging OPEC’s Output Strategy?

US shale producers are cutting spending for the second year in a row. That raises questions about shale’s medium to long-term resilience as it struggles with s…

Oil Price

OPEC Countries Unanimously Support Extension of Oil Output Cuts

The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discu…

Oil & Gas Trade

Legendary Oil Trader Says the End of Demand Growth in Sight

Andy Hall, one of the most successful oil traders of his generation, is now predicting the biggest shift yet in the global market: the end of demand growth.

Scientists See Disaster Looming in World Production of Coal, Oil and Gas

If world governments don't limit the production of coal, oil and gas in the next decade, global warming will exceed the targets needed to ward off the worst eff…

Why We Must Set a Date to Phase Out North Sea Oil and Gas

We don’t need to stop using oil and gas tomorrow, but we do need to set a date by which its use will be phased out in order to tackle climate change, writes Dr…

A Gas Replacement Programme with Ground Source Heat Pumps

Residents in 364 homes across seven tower blocks in Sunderland are embracing the green housing revolution with the removal of their gas boilers in place of rene…

Greenhouse Gas Emissions

Norwegian Practices on Energy Efficiency And Compared with The UK

I view energy efficiency as a key enabler to net zero and it is a topic I have been involved with for many years.As part of my energy efficiency work, I investi…