Latest news
France halts Engie's U.S. LNG deal amid trade, environment disputes
The intervention comes amid growing scrutiny over the effects of shale gas extraction methods such as fracking and their impact on climate change through methane emissions, especially among U.S. producers.
read more... 23/10/2020
Israel And The UAE Sign Historic Oil Deal
Israel and the United Arab Emirates (UAE) signed this week a preliminary agreement under which crude oil from OPEC’s third-largest producer could be shipped to European markets via an oil pipeline in Israel connecting the Red Sea with the Mediterranean.
read more... 22/10/2020
ConocoPhillips Becomes First Major U.S. Oil Firm To Pledge Emission Cuts
U.S. oil and gas producer ConocoPhillips unveiled on Monday a target to reduce emissions from its operations to net zero by 2045-2055 in a first announcement from a major American oil firm setting specific targets to cut its carbon footprint.
read more... 20/10/2020
Russian Oil Companies Plan Significant Drilling Cuts For 2021
Russian oil producers who have already reduced their drilling activity by a third this year may cut it further by 20 percent, according to the chief executive of a major oilfield service provider.
read more... 16/10/2020
Tesla To Consider Investing In Major Nickel Producer
Tesla has contacted Indonesia informally about the possibility of an investment in the country, which is a major producer of the battery metal nickel, a senior Indonesian official said on Monday.
read more... 06/10/2020