Turkey is seeking a U.S. sanctions waiver to continue using a now-sanctioned Russian bank for paying for its energy imports from Russia, while also talking with Russian officials about the future of energy trade and payments.
U.S. businessman Stephen P. Lynch, who has lived in Russia for two decades and has done business there, has sought a U.S. license to try to buy Nord Stream 2, The Wall Street Journal reported last week
There are two vital reasons, to begin with, why the Trump Oil Price Range so rigorously enforced in his first presidency is so critical to the interests of Trump personally, his Republican Party, and the U.S. more broadly, as fully analysed in my latest book on the new global oil market order
Europe has stepped up imports of liquefied natural gas in recent weeks, especially LNG from the United States, where the benchmark gas prices at Henry Hub are significantly lower compared to the European benchmark, the Dutch TTF Natural Gas Futures.
Guyana has become notorious for its vast offshore oil reserves, but there is natural gas there, too. For now, this is being injected back into the wells operated by Exxon, Hess, and CNOOC, to maintain pressure. Yet the authorities in Georgetown have plans—and these plans feature LNG.
Two weeks ago, U.S. oil and gas giant, Exxon Mobil Corp. (NYSE:XOM) announced it had reached 500M barrels of oil produced from Guyana’s offshore Stabroek block, just five years after it kicked off production at the location.
The current crisis stems from China’s dominance in both global antimony production and refining. China, Russia, and Tajikistan control 85% of the world’s antimony supply.
Angola plans to start the production of natural gas not associated with oil, from 2025, through the New Gas Consortium (NCG), the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo has announced as carried by Angola News Agency.
The Nigerian National Petroleum Company (NNPC) Ltd on Tuesday announced that it has began operation of the Port Harcourt Refinery and delivering petroleum products onto the market.
Springfield E&P, a wholly-owned Ghanaian upstream petroleum player, has described the result of its recent appraisal of Afina-1x block located offshore, WCTP-2, as positive and impressive