Russian Pipeline Owner Faces $1B Claims Over Tainted Oil ?
Russian oil pipeline operator and owner, Transneft, which supplies Urals crude to European customers via the Druzhba pipeline, faces compensation claims of up to US$1 billion for the contaminated oil?
UK's Guardian Bans Ads From Oil, Gas Firms In World's Media First
UK newspaper Guardian will not accept advertising money from the fossil fuel industry, even if this means a financial hit for the media, making it the world's first large?
The Commodity Futures Trading Commission is preparing to release new oil speculation rules that would limit the number of positions hedge funds and other speculators can open on oil and?
GM To Spend $2.2 Billion On Electric Vehicle Production In Detroit
It isn't often that Detroit gets a multi-million-dollar reprieve, but this is the auto revolution 2.0, and there is some hope yet for the Motor City, with
Is The Virus-Induced Oil Price Slide Finally Over?
Oil prices rose slightly on Tuesday, changing course after a brutal few days in the wake of the deadly Coronavirus that has threatened the markets the world over. Oil prices?
Houthis Claim Responsibility For Today's Failed Air Strike On Aramco Facilities
The Iran-affiliated Houthi movement in Yemen claimed on Wednesday that it targeted Saudi Aramco facilities in Jizan, a city just north of Yemen on the Red Sea, but Saudi?
UK's Clean Energy Sector Desperately Needs Fresh Talent
According to new research by the National Grid, in total the UK will need to fill 400,000 jobs by 2050 to ensure it makes the transition successfully. The total number?
Eni, Shell Catch A Break In Trial Over Alleged Nigeria Oil Bribes
A key witness for the prosecution back peddled on Wednesday on previous testimony that he had seen evidence that oil majors Eni and Shell were involved in bribery over an?
OPEC May Move Up Meeting As Coronavirus Continues To Batter Oil Prices
OPEC is considering moving up its March meeting as the effects of the deadly coronavirus continues to exert strong downward pressure on oil prices, signaling that the oil cartel may?
US Sanctions Bar Iran From Accessing $5B Energy Export Revenue
Due to the U.S. sanctions on Iran, Tehran is unable to use or transfer US$5 billion in revenues it has received from Iraq for supplying natural gas and electricity to?
