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Russian Oil Firms More Eager To Extend Than To Deepen Output Cuts

The majority of Russian oil companies are on board with extending the agreement to cut oil production through the end of Q2, but most did not support deepening those cuts,?

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Billionaire Investor Icahn Rekindles Battle With Occidental Board

Billionaire activist investor Carl Icahn wants to know if Occidental was approached with a takeover offer from a potential buyer before forging the US$55-billion acquisition of Anadarko, which Icahn?

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Five Americans Charged With Breaking Iran Oil Sanctions

Five U.S. citizens have been charged with an attempt to violate U.S. sanctions against Iran by buying oil from Iran and selling it in China, the U.S. Attorney's Office for?

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UN Votes To Extend Libya Oil Sanctions Amid Ceasefire Quagmire

The United Nations Security Council voted to extend sanctions on illicit oil exports from Libya ahead of a vote on a draft resolution seeking to help resolve the situation in?

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China's Gas Demand Growth Slows Further On Coronavirus Outbreak

The coronavirus outbreak is additionally depressing China's already slowing gas demand growth to the point that analysts have revised down their estimates for Chinese gas demand growth this year?

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Oil Major BP Aims For Net Zero Carbon Emissions By 2050

In the latest pledge for net zero carbon emissions from an oil major, BP said on Wednesday that it aims to become a net zero company by 2050 or?

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Occidental Expects $1.7B Impairments In Q4

Occidental Petroleum expects to book around US$1.7 billion in impairments and costs for the fourth quarter of 2019 when it reports results later this month, the company said on?

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Global Energy-Related CO2 Emissions Stopped Rising In 2019

The world's energy-related carbon dioxide (CO2) emissions remained flat in 2019, halting two years of emissions increases, as lower emissions in advanced economies offset growing emissions elsewhere, the International Energy?

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Large Crude Inventory Build Erases Tuesday's Price Gains

The American Petroleum Institute (API) estimated on Tuesday a larger than anticipated crude oil inventory build of 6-million barrels for the week ending February 7, compared to analyst expectations of?

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BHP Is Now The World's Top Copper Miner

BHP Group on Monday became the world's largest copper miner based on production after Chile's copper commission announced a slide in output at state-owned Codelco. Hampered by declining grades Codelco?

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