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Introducing the 2018 edition of the BP Statistical Review of World Energy, Mr Bob Dudley, BP group chief executive, said: “2017 was a year where structural forces in the energy market continued to push forward the...

Posted By : Nanda Koijam 2 days 12 hours 50 minutes ago
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Our demand growth estimate for 2018 has been left largely unchanged, at 1.4 mb/d. Recent data confirms strong growth in 1Q18 and in early 2Q18, partly due to colder weather in the northern hemisphere.

Posted By : Nanda Koijam 2 days 12 hours 53 minutes ago
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Sputnik reported that faced with a US threat to re-impose sanctions on Iran, which is complicating the attraction of foreign investment,

Posted By : Nanda Koijam 2 days 12 hours 56 minutes ago
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Sputnik reported that it is not the first time US President Donald Trump voices harsh criticism of the oil cartel accusing the OPEC for artificially keeping oil prices very high.

Posted By : Nanda Koijam 2 days 12 hours 59 minutes ago
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Reuters reported that Russia will propose to all the participants of a global deal on oil production that each exporter increases output in proportion with their quotas,

Posted By : Nanda Koijam 2 days 13 hours 7 minutes ago
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The Turkish and Azerbaijani presidents inaugurated a key pipeline carrying natural gas from Azerbaijan's gas fields to Turkish markets and eventually to Europe,

Posted By : Nanda Koijam 2 days 13 hours 10 minutes ago
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Reuters reported that Hong Kong's CK Infrastructure Holdings has made a AUD 12.98 billion takeover offer for Australia's biggest gas pipeline company, APA Group,

Posted By : Nanda Koijam 2 days 13 hours 12 minutes ago
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PTI reported that Competition Commission ordered a probe against Oil and Natural Gas Corporation (ONGC) for alleged abuse of dominant position with regard to certain contractual provisions for hiring offshore support...

Posted By : Nanda Koijam 2 days 13 hours 20 minutes ago
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Byron Energy Limited announced that Byron Energy Inc., a wholly owned subsidiary of the Company, has been advised by the Bureau of Ocean Energy Management (“BOEM”) that its bids for Eugene Island blocks 62, 63, 76...

Posted By : Nanda Koijam 2 days 13 hours 23 minutes ago
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Brent crude oil spot prices averaged $77 per barrel (b) in May, an increase of $5/b from the April level and the highest monthly average price since November 2014.

Posted By : Nanda Koijam 3 days 17 hours 9 minutes ago
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