The Northern Territory government has opened the door for oil and gas companies to buy international carbon credits to meet their emission reduction targets, according to its new offsets policy. The Greenhouse Gas Emissions Offsets Policy outlines plans that […]
WARSAW, Oct 12 (Reuters) – Germany said on Wednesday it was receiving less oil but still had adequate supplies, after Poland found a leak in the Druzhba pipeline that delivers crude from Russia to Europe […]
WASHINGTON, Oct 11 (Reuters) – President Joe Biden pledged on Tuesday “there will be consequences” for U.S. relations with Saudi Arabia after OPEC+ announced last week that it would cut its oil production target over […]
Foreign direct investment (FDI into oil and gas extraction has made a massive comeback this year, as energy companies have deployed capital to expand production within a higher price environment and constraints on supplies from […]
Summary For energy investors, the key takeaway from the OPEC+ meeting is that the group is willing to defend a floor in oil prices, presumably around $90 per barrel for the global benchmark Brent. In […]
SINGAPORE, Oct 10 (Reuters) – Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the peak winter season, several sources with […]
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. WashingtonCNN — With just weeks to go until the November midterms, four letters are haunting […]
Whilst Europe is frantically diversifying the energy mix in an attempt to prevent blackouts this winter, how does the current situation affect the upstream industry in Russia? We spoke to Konstantin Sobornov, who runs his […]
According to a new Bloomberg report, Saudi state energy giant Aramco has raised the price of crude oil sold to the US in November by 20 cents, even as it kept the selling price to […]
CNBC’s Brian Sullivan sits down with Saudi Arabia’s Prince Abdulaziz bin Salman to discuss the decision from OPEC+ to cut oil production, a move that has sparked intense criticism from the White House. […]
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