U.S. Unexpectedly Lifts Iran-Related Sanctions On Chinese Tanker Company
The United States will remove the sanctions it imposed on Chinese tanker operator Cosco for violating the Iran oil sanctions, Reuters reports, citing sources in the know. One of?
Chevron Swings To $6.6B Loss After Huge Shale Gas Write-Off
Chevron Corporation (NYSE: CVX) posted a fourth-quarter loss of $6.6 billion versus earnings of $3.7 billion for the same period of 2018, on the back of massive write-offs of?
Russian Oil Firm Could Sign Fuel-For-Diamonds Deal In This African Nation
Russian oil firm Tatneft could strike a deal with Zimbabwe to supply fuel to the crisis-stricken African country in exchange for diamonds, the Zimbabwe Independent reported on Friday, describing?
South Sudan Welcomes Russian Firms To Its Oil, Gas Sector
South Sudan believes that Russian companies can help it to develop its oil, natural gas, and refining industries, the foreign minister of the small African oil producer has told
Enbridge's Struggle To Change Terms On Canada's Largest Crude Oil Pipeline
Enbridge, which wants to change the contract terms on the largest Canadian oil pipeline network, believes that Canadian producers who have opposed that change may want to stall a review?
UK Oil & Gas Industry Embraces Net Zero Emissions Plan By 2050
The UK's oil and gas industry plans to become a net zero oil and gas basin in terms of own production emissions by 2050, as the UK North Sea operators?
Brazil's Petrobras has suspended all employee travel to China because of the coronavirus outbreak that has reportedly already entered Brazil itself. Reuters reports that the country's health ministry said?
Coronavirus Halts Flow Of Latin American Oil To China
The flow of oil traveling from Latin America to China has stopped in the wake of the deadly outbreak of the coronavirus that has sunk oil prices to three-month lows,?
$15 Billion Oil Sands Project Might Not Go Ahead Even If Trudeau Approves It
Teck Resources is uncertain it will go ahead with a planned oil sands project that is awaiting the approval of the federal Canadian government, the Canadian Press reports, citing?
Canada's Oil Sands Investment To Rise For The First Time Since 2014
Upstream capital investment in Canada's oil sands is expected to grow this year from 2019 for the first increase in capital expenditures in five years, the Canadian Association of Petroleum?
