Latest news
New Tax Rule Could Cost Russian Fuel Oil Exporters $1B Annually
A new export tax rule in Russia could cost domestic exporters of fuel oil as much as US$1 billion in missed sales every year, Reuters has estimated.
read more... 08/09/2020
Greenpeace urges Denmark to end fossil fuel production
Four activists have swum to the Dan Bravo oil rig for several days of peaceful protest
read more... 19/08/2020
Asset sale to NEO Energy will help Total’s crisis plan: CFO
Total said Thursday its sale of non-core assets in the UK North Sea to NEO Energy is contributing to its action plan amid the “economic crisis,” Kallanish Energy reports.
read more... 07/08/2020
Russia Seeks Additional $1.9 Billion In Taxes From Oil & Gas
Russia’s finance ministry is looking to raise as much as US$1.93 billion (143 billion Russia rubles) in taxes from the oil industry over the next two years, as the oil price crash has shrunk Russia’s key revenue stream—oil.
read more... 04/08/2020
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Sweden's Lundin Energy Q2 operating profit lags despite record output
Swedish oil firm Lundin Energy , a partner in Norway’s giant Johan Sverdrup oilfield, reported on Wednesday a worse-than-expected operating profit, despite producing record output in the quarter.
read more... 29/07/2020