Nigeria Promises High Returns To Foreign Oil Investors
Nigeria assured foreign oil investors on Monday that the African OPEC producer is open to business and can guarantee high returns on investment, the country's President Muhammadu Buhari told an?
Tesla's China Gigafactory Reopens After Coronavirus Lockdown
Tesla's Shanghai Gigafactory resumed operations on Monday after weeks of a government-mandated temporary shutdown due to the coronavirus outbreak in China, Japanese outlet The Asahi Shimbun reported today. Tesla?
The technical panel of the OPEC+ group recommended extending the oil production cuts agreed last December to the end of 2020, the current president of OPEC, Algeria's oil minister,
Ottawa Prepares Lifeline For Alberta If It Rejects Major Oil Project
The federal Canadian government is preparing a financial aid package for Alberta in case it decides against a controversial large-scale oil sands project, Reuters reports, citing sources close to?
Rosneft Slumps On Possible US Sanctions Over Venezuela Ties
Shares in Russia's largest oil producer, Rosneft, slumped on Friday on the Moscow Stock Exchange, following a report on Thursday that the United States is thinking about slapping sanctions?
Impact of Coronavirus On Energy Markets Hasn't Been Dramatic
The novel coronavirus has not had a dramatic effect on energy markets, US Energy Secretary Dan Brouillette said on Friday, according to Reuters, though the effect on the market?
After Two Oil Train Derailments Canada Imposes Lower Speed Limits
A second oil train derailment in Saskatchewan in two months has prompted the federal Canadian government to enforce lower speed limits for trains carrying potentially dangerous goods. Reuters reported?
Russia Ready To Renew Energy Dialogue With The U.S.
Russia is ready to renew energy cooperation and dialogue with the United States, Russian Energy Minister Alexander Novak told the newly appointed U.S. Ambassador to Russia, John J. Sullivan, during?
Russia Still A Holdout On Deeper OPEC+ Oil Production Cuts
While a technical panel of the OPEC+ coalition is recommending an additional cut of 600,000 bpd in response to the lower oil demand due to the coronavirus outbreak, OPEC's?
