Oil

Coal Mine

The World’s Top Miner Broadens Plans to Exit Coal Operations

BHP Group will broaden plans to exit coal operations and review opportunities to shed aging oil and gas assets under new CEO Mike Henry’s more urgent push to r…

Mauritius

Oil Spill in Mauritius Causes Ecological Disaster, France and India Assist

An oil spill from the MV Wakashio, a Japanese ship that struck a coral reef in Mauritius on July 25, has imperiled fish and other marine life around the Indian …

Warren Buffett Sells Stake in Oil Giant Occidental Petroleum

Warren Buffett’s Berkshire Hathaway has sold its common stock interest in Occidental Petroleum.

Oil&Gas Drilling

Trump to Open Alaska Arctic Refuge to Oil Drilling for First Time

The Trump Administration is set to open the Arctic National Wildlife Refuge in Alaska to oil drilling for the first time by approving a drilling program on Mond…

Market Analysis

China's Electricity Consumption Growth Eased to 2.3% in July

A shift in production strategy by crude oil refineries may have played a role.

Oil & Gas Trade

OPEC+ Seeks to Defend Oil-Market Gains as Demand Outlook Darkens

OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices.

Oil and Gas Equipment

Iraq to Send Second Round of Gasoil Supplies to Lebanon

Iraq is sending a second round of gasoil supplies in aid to Lebanon following the massive blast that wiped out much of the Lebanese capital Beirut's port and su…

LNG

Low Gas Prices Could Derail Papua New Guinea’s LNG Ambitions

Papua New Guinea first started producing liquefied natural gas in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule.

Nuclear waste

TVO Submits EIA Programme on Very Low-Level Waste Disposal

Rainoil Limited’s newly built 8000metric ton capacity Liquefied Petroleum Gas tank, with fleet capacity of 40 trucks, has been launched, targeted at deepening …

Oil and Gas Equipment

Nigeria: Rainoil’s New 8000metric ton LPG Tank Helps Widen Expansion

Rainoil Limited’s newly built 8000metric ton capacity Liquefied Petroleum Gas tank, with fleet capacity of 40 trucks, has been launched, targeted at deepening …

IEA Lowers 2020 Oil Demand Forecast Citing Dismal Aviation Sector

The International Energy Agency (IEA) cut its 2020 oil demand forecast on Thursday, warning that reduced air travel due to the coronavirus pandemic would lower …

Azerbaijan

BP Says it has no Plans to Scale down Oil and Gas in Azerbaijan

British oil major BP has no plans to scale down its oil and gas business in Azerbaijan amid global plans to rebalance its portfolio towards renewables.

United States

Trump Administration to Roll Back Curbs on Methane from Oil, Gas Operations

The EPA is expected to retain some of the rules issued in 2012 that control methane emissions and also limit those of so-called volatile organic compounds that …

Nuclear Fusion

Chevron Announces Investment in Nuclear Fusion Start-Up Zap Energy

Oil major Chevron has announced an investment in Zap Energy, a nuclear fusion start-up company developing a next-generation modular nuclear reactor.

Ukraine

Ukraine’s Naftogaz to Boost Energy Independence, Efficiency with EU Help

Ukraine’s state oil and gas company Naftogaz and the Finance Ministry have concluded a loan agreement with Ukraine’s biggest international financial investor.…