Exploration & Production , International

Egypt, Greece Sign Agreement on Exclusive Economic Zone

In Greece, diplomats said the deal effectively nullified an accord between Turkey and the internationally recognized government of Libya.

August 7, 2020

Crude Oil , Trade , International

Saudi Arabia Cuts September Crude Prices to Asia

Saudi Arabia's state oil producer Aramco has cut the official selling prices for its crude to Asia and Europe, while leaving them unchanged for the U.S., a document obtained by Reuters showed.

August 6, 2020

Exploration & Production , International , Lease Sales

No New Mexican Oil Auctions; President Lays Out Statist Energy Vision

A memorandum seen by Reuters set out President Andres Manuel Lopez Obrador’s priorities in Mexico’s energy sector, and broadly reflected what the veteran leftist has said publicly since taking office.

August 4, 2020

Trade , International , Infrastructure , Construction , Pipelines

Lobbying for Russian Pipeline Spikes in Washington

Lobbyists have disclosed little information about their activities.

August 4, 2020

International , Infrastructure , Construction , Pipelines

Poland Fines Gazprom $57 Million over Nord Stream 2

Anti-monopoly agency says the Russian gas company has not cooperated.

August 3, 2020


Syria Says US Oil Firm Signed Deal with Kurdish-led Rebels

Syria's foreign ministry said Aug. 2 that an American oil company had signed an agreement with Kurdish-led rebels who control northeastern oil fields in what it described as an illegal deal.

August 3, 2020

Business , Trade , International , Shale Plays

Column: US Shale Supply Chain Will Emerge Smaller from Price War, Pandemic

The slump is putting intense stress on the entire supply chain, the ecosystem of large and small contractors, skilled and semi-skilled labor that underpins oil and gas production.

August 3, 2020

Crude Oil , International

End Game for Oil? OPEC Prepares for an Age of Dwindling Demand

‘People are waking up to a new reality’ as the cartel may be forced to adjust.

July 28, 2020

Exploration & Production , International

World Bank Says Gas Flaring Hit Highest Level Since 2009

The top four gas flaring countries—Russia, Iraq, the U.S., and Iran—continue to account for 45% of all global gas flaring, for three years running (2017-2019), the World Bank said.

July 22, 2020

Crude Oil , Trade , International

Iraq Increases Oil Exports in July, Still Pumps above OPEC+ Target

The July figures imply Iraq is still some way from fulfilling its OPEC+ pledges and is exporting far more than a July loading program indicated.

July 21, 2020