Equinor has announced that it has transferred its participating interests in four Russian joint ventures to Rosneft and that it is released from all future commitments and obligations. An agreement to exit the Kharyaga project […]
(Bloomberg) — Iranian forces seized two Greek oil tankers in the Persian Gulf in apparent retaliation for the detention of vessel off the coast of Greece. The Greek ships were seized by the Islamic Revolutionary […]
Saudi Arabia’s oil exports reached $30 billion in March, the highest in at least six years, driven by a rally in oil prices and rising production. The value of crude exports, now almost $1 billion […]
Heading into the Memorial Day weekend, the U.S. average retail price of regular gasoline was $4.59 per gallon (gal) on May 23, the highest inflation-adjusted (real) price since 2012 and the fourth-highest price on record […]
Dayrates for offshore rigs close to $400,000 Mergers, scrapping rigs leaves fewer, leaner drillers Europe seeks to wean itself off Russian fuel OSLO, May 27 (Reuters) – Rental rates for offshore oil and gas rigs […]
BERLIN, May 27 (Reuters) – Ministers from the Group of Seven countries on Friday called on OPEC to act responsibly to ease a global energy crunch brought on by the Russian invasion of Ukraine, even […]
May 27 (Reuters) – Iran on Friday summoned the envoy of Switzerland, which represents U.S. interests in Tehran, to protest against the U.S. seizure of Iranian oil from a Russian-operated ship near Greece, the foreign […]
WASHINGTON, May 26 (Reuters) – The National Highway Traffic Safety Administration said on Thursday it has asked Tesla Inc (TSLA.O) for information about a recent 2021 Tesla Model U fire in Vancouver, British Columbia, in which a […]
Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of everything from gasoline to diesel. The Russian grade of Siberian Light will be […]
The U.S. Energy Information Administration recently updated its Natural Gas Pipeline Project Tracker with recently approved and completed natural gas pipeline projects. In the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved […]
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