India has more work to do in order to satisfy US concerns about its purchases of Russian oil and secure tariff relief, President Donald Trump’s trade representative said.
Oil traders are paying a premium for bullish call options for the longest stretch in about 14 months as they huddle in the options market to protect against the risk of a new confrontation between the US and Iran.
Oil rose to a fresh four-month high after US President Donald Trump threatened another attack on Iran, urging Tehran to negotiate a nuclear deal.
Russia’s Lukoil PJSC agreed to sell most of its international assets to private equity giant Carlyle Group, three months after being hit by US sanctions.
The Angola Oil & Gas Conference & Exhibition (AOG) – organized by Energy Capital & Power (https://EnergyCapitalPower.com) –was officially launched in Luanda on Tuesday, marking the start of the countdown to the country’s premier oil and gas event.
Mathieu Castellani, managing director of Ponticelli Nigeria, talks to The Energy Year about ramping up local fabrication to deliver complex offshore projects and building a stable growth path through maintenance services. In Nigeria, Ponticelli operates as an integrated oil and gas contractor focused on engineering, construction and maintenance.
The U.S. federal government is discussing the removal of some sanctions on Venezuela’s oil industry to make it easier for U.S. companies to boost Venezuela’s oil production under a deal worth $2 billion announced by President Trump earlier this month after the ousting of President Nicolas Maduro.
The European Union’s competition chief has warned against relying “too much” on US liquefied natural gas imports as the bloc looks to diversify its energy basket.
Precision is fundamental to science. This is particularly the case regarding accurate terminology.
Lukoil has approached the Russian government seeking changes to the oil tax formula as discounts on Russian crude exceed $20 per barrel, a level that would force producers to make net payments into the budget rather than receive compensation, according to The Moscow Times, citing Izvestia.