World
Russia’s Gazprom leads global production growth: Rystad
Russian producer Gazprom was the global leader in oil/gas production growth over the past five years, according to a note released Thursday by independent research company Rystad ...
Braskem drops plan for West Virginia cracker
Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such ...
Braskem drops plan for West Virginia cracker
Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such ...
Citing differences, Shell walks away from U.S. refining lobby
Royal Dutch Shell Plc this week said it was leaving a U.S. refining lobbying organization in 2020 because the oil supermajor disagrees with the firm’s climate policy, ...
Turkmenistan may be excluded from the Southern Gas Corridor
Turkmenistan is likely to be excluded from the Southern Gas Corridor (SGC) strictly for geopolitical reasons, according to Mehmet Öğütçü, founder and CEO of Global Resources Partnership. ...
Shell, Eni knew of corruption in Nigeria’s OPL 245 deal: judge
European oil majors Shell and Eni reportedly knew of the corruption ongoing during their OPL 245 acquisition in Nigeria, a case in which they are being tried ...
Crude worldwide plunges after questions about oil demand
Oil prices fell Tuesday, briefly entering bear market territory, after the U.S. said it will allow some of Iran’s biggest customers to continue importing the Opec member’s crude without violating reinstated ...
Another bank says no funds for Arctic refuge drilling
Another international financial institution has publicly said it will not fund drilling for oil in Alaska’s Arctic National Wildlife Refuge, Kallanish Energy reports. The announcement came last week in a ...
Saudis could invest $5B in Russia’s Arctic LNG 2
Saudi Arabia is willing to put some $5 billion into the $25 billion Russian liquefied natural gas (LNG) project Arctic LNG 2, Russian Direct Investment Fund (RDIF) CEO ...
Energy investment fell in 2017, IEA reports
The amount of money spent in the energy sector fell for a third straight year in 2017, raising concerns about the world’s ability to provide enough power and tackle climate ...