Energy News Beat Publishers Note: This meeting between Iran and the U.S. will be one to watch for several reasons. The sanctions placed on Iran have been taking their toll and disrupting cash flow for […]
Energy News Beat Publishers Note: Geopolitical Futures is a fantastic source for news and geopolitics. Headed up by George Friedman, we recommend subscribing today. Budding partnership. China and Iran signed a vague, 25-year cooperation agreement during a visit […]
According to a Reuters article, Seadrill proposed a debt write-off of just over $4.8 billion. That would cut its debt by more than 86.5 per cent to $750 million. The media outlet claimed that Seadrill has […]
Saudi Arabia on Sunday raised the ‘official selling price’, or OSP, of oil shipments to Asia in May but left the price for Europe unchanged, indicating the world’s largest crude exporter is unimpressed by India’s plan […]
(ATF) Italian energy giant Eni inked a memorandum of understanding (MoU) last week with Hangzhou-based power utility Zhejiang Energy for energy sector cooperation. The initiatives identified in the MoU range from developing long term liquefied natural […]
Pioneer Natural Resources is buying its neighbor in the Midland Basin, making it the largest producer in the Permian Basin. Irving-based Pioneer is using a combination of its own stock, cash and debt to purchase […]
State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway’s Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on […]
Pipeline giant Kinder Morgan Inc . plans to expand its carbon-capture business, joining the ranks of major oil and gas companies capitalizing on clean energy investing. Fueled by a push to eliminate greenhouse gas emissions, carbon capture […]
Energy News Beat Publishers Note: In this article from Bloomberg there are some insightful nuggets regarding oil supply and demand. Recovery for demand is tied to the vaccination rate of the countries population. The supply […]
Business interest in Africa is steadily increasing and Russian companies, among them Rosatom, are ready to work with African partners. It is largely acknowledged that energy (construction and repair of power generation facilities as well as […]
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