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When the inaugural Russia-Africa summit was held in October 2019, most industry observers believed that the majority of projects under discussion would not get past the FID stage – in no small part because of their varied economic prospects.
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When the inaugural Russia-Africa summit was held in October 2019, most industry observers believed that the majority of projects under discussion would not get past the FID stage – in no small part because of their varied economic prospects.
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Aramco has exercised the greenshoe option attached to its initial public offering, issuing another 450 million shares to raise an additional $3.8 billion, the company said as quoted by CNN.
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Global oil markets will remain well supplied this year, with a possible overhang of some 1 million bpd, the head of the International Energy Agency, Fatih Bitol, told Reuters.
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Amazon has a new justification for forging controversial partnerships with fossil fuel companies.
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Abdul-Mahdi says Trump threatened to have him killed too.
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Moscow's Massive Arctic 15 Year Plan - Airports, Ports, Railroads, Fleets of Ships, and Drill Baby, Drill
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Aramco shares didn't benefit from spiking oil prices because its oil facilities are in striking range of Iran. *missile chart
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The blowback from Trump's assassination of Major General Qassem Soleimani and PMU leader Abu Mahdi al-Muhandis is increasing.
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Well that de-escalated quickly...
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Google, Microsoft, and Amazon are teaming up with Big Oil to squeeze more oil and gas out of the ground using machine learning technology.
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Oil prices surged 4% on Friday following confirmation by the Pentagon that Iran's top commander was killed in a U.S. airstrike in Baghdad, raising concerns of a bigger conflict between the two countries that could disrupt energy production in the r
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There was a time when natural gas was a welcomed byproduct of crude oil drilling, and drillers in the prolific Permian basin enjoyed this consolation prize--at least when natural gas prices were on the rise. All good things come to an end, though, an
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In a volatile year for commodities and energy, S&P Global Platts' news, pricing and analytics teams explored many of the biggest themes and trends through infographics. Here are a selection.
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As if the downturn due to a trade-war-induced slowdown in China were not enough, the European automotive industry is facing the challenge of a rapid switch from diesel to petrol engines that has been gathering pace for the last two years
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On Friday, Royal Dutch Shell announced that it would take a $1.7-$2.3 billion write down for the fourth quarter, another financial blow to an industry dealing with oversupply and low prices.
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The outsized role of U.S. Israel lobby operatives in abetting the theft of Syrian and Iraqi oil reveals how this powerful lobby also facilitates more covert aspects of U.S.-Israeli cooperation and the implementation of policies that favor Israel.
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Chevron said that it would write down $11 billion in assets in the fourth quarter, much of which is tied to natural gas in Appalachia.
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From the moment that the U.S. re-imposed sanctions in earnest on Iran late last year, Pakistan has been looking at ways to resuscitate a deal that had been agreed in principle before the U.S. unilaterally withdrew from the Joint Comprehensive Plan of
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There have been few sectors dripping with apathy of late quite like the oil services sector.
