Latest news
Iran Boosts Oil Output At Oilfields Shared With Iraq
Iran has raised oil production from the oilfields in its southwest it shares with Iraq to 400,000 barrels per day (bpd) from 70,000 bpd in the past seven years, Shafaq News quoted Iranian Oil Minister Bijan Zangeneh as saying on Tuesday.
read more... 16/09/2020
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