OPEC, 11 non-OPEC states begin six-month oil output cutsJanuary 2, 2017 // 6 CommentsMember states of the Organization of the Petroleum Exporting Countries (OPEC) along with 11 major non-OPEC oil producing [...]
Iran plans to further increase oil sales to BP, Shell in the near futureDecember 30, 2016 // 2 CommentsAccording to Director for International Affairs of the National Iranian Oil Company (NIOC), Mohsen Qamsari, global energy [...]
Mexico announces double-digit gasoline, diesel price increasesDecember 28, 2016 // 1 CommentMexico recently announced double-digit price increases for gasoline and diesel that will be implemented starting January 1, [...]
Global oil majors to start bidding for deepwater contracts in MexicoDecember 5, 2016 // 1 CommentIn a move that marks the key opening of Mexico’s energy sector, some of the world’s best-known oil companies are set to [...]
Canada eyes Asian market for oil exports ahead of pipeline proposal decisionsNovember 18, 2016 // 1 CommentCanada’s Federal Natural Resources Minister Jim Carr says the government has moved on to a whole different plan for its [...]
Iran increases oil output amidst OPEC production cut talksNovember 14, 2016 // 3 CommentsIran has increased its oil output at three western fields faster than it previously expected even in the midst of production [...]
Researchers turn wet sewage sludge into biocrude oil using a simple processNovember 11, 2016 // 1 CommentOrdinary sewage may soon be used to produce biocrude oil in wastewater treatment plans as researchers at the US Department [...]
BP reports almost 50% drop in quarterly earnings, cuts investment plansNovember 2, 2016 // 0 CommentsBritish multinational oil and gas company BP plc reported a decrease of almost 50% in its third quarter earnings compared to [...]
Oil production cut still not finalized amid OPEC disagreementsOctober 31, 2016 // 4 CommentsFor the first time since 2008, members of the Organization of the Petroleum Exporting Countries (OPEC), in a meeting in [...]
Shell sells non-core oil, gas assets in Western Canada in US$1 bn dealOctober 21, 2016 // 0 CommentsApproximately 206,000 net acres of non-core oil and gas properties in Western Canada owned by Royal Dutch Shell plc, through [...]