Latest news
Royal Dutch Shell divests $1.3bn worth of oil and gas assets in Norway, Malaysia
Royal Dutch Shell has announced the sale of oil and gas assets in Norway and Malaysia for a total of more than $1.3bn.
read more... 22/06/2018
BP reinforces its Middle East gas portfolio with new project in Oman
Energy major BP has approved its first most important project this year, a natural gas field in Oman that will endorse the loss of other assets in the Middle East.
read more... 10/04/2018
China has more oil production abroad than at home
China is one of the biggest oil consumers heavily reliant on imports. Production from assets the Chinese state oil firms own abroad surpasses internal production, increasing the state dependency on foreign oil.
read more... 14/03/2018
China wants to become co-owner of Russia's largest oil firm
Chinese state-controlled Huarong Asset Management purchased 36.2 percent stake in the unit of CEFC China Energy through which CEFC is obtaining a $9.1 billion stake in Russian oil giant Rosneft.
read more... 13/03/2018
Daily (07.03.2018): Oil prices rose on Tuesday due to a weak dollar ahead of U.S. inventory data
Oil prices rose on Tuesday, after South Korea mentioned it would carry out a summit with North Korea for the first time in a decade, which investors took as a cue to sell the U.S. dollar and purchase risky assets.
read more... 07/03/2018