Among the swathe of Chinese entities last week placed by the U.S. Department of Defense (DOD) on a blacklist of firms believed to be supporting Beijing’s military were several from its energy sector. Most notable of all, perhaps, were the China National Offshore Oil Corporation’s (CNOOC) international oil trading arm and the COSCO Shipping Corporation. […]
The two-day oil price rally on Friday and Monday following the latest U.S. sanctions on Russia’s oil exports goes to show that geopolitics will continue to play a key role in oil price action and market balances this year.
Alberta Premier Danielle Smith is no shrinking violet when it comes to disagreements with the Canadian government over energy policy.
Equinor has been awarded stakes in 27 production licences on the Norwegian continental shelf, the company said on Tuesday.Equinor has been awarded stakes in 27 production licences on the Norwegian continental shelf, the company said on Tuesday.
UAE state-owned renewable energy company Masdar will develop a new solar and battery storage park capable of delivering 1 GW of uninterrupted renewable energy, the company announced on Tuesday.
The European Union is considering import restrictions on Russian aluminum and phasing out liquefied natural gas from the nation as part of a new package of sanctions targeting Moscow for its full-scale invasion of Ukraine, according to people familiar with the matter.
Norway’s Energy Ministry on Tuesday awarded 53 hydrocarbon production leases on the country’s continental shelf under last year’s licensing round.
Eni SpA has wrapped up construction for the company’s largest battery storage system, the 200-megawatt Guajillo plant in Webb County, Texas.
The European Union’s top diplomat Kaja Kallas said Ukraine’s allies should work toward lowering the price cap on Russian oil in order to deprive the Kremlin of revenue.
Flowserve has been awarded a contract to supply Dry Gas Seals and Dry Gas Seal Systems to support a groundbreaking initiative for ADNOC. ADNOC’s large-scale CCS project aims to capture 1.5 million tons of carbon dioxide annually.