Behind Closed Doors: Big Oil Talks Broader Emission Cuts
Several of the world's largest oil companies talked behind closed doors on Wednesday about the potential adoption of more stringent emission reduction targets that could include emissions from the products?
OPEC+ Deal Helps Russia Double Wealth Fund Assets To $124B
The OPEC+ deal has resulted in economic benefits for Russia which has seen its National Wealth Fund (NWF) double its financial reserves to US$124 billion in 2019, Kirill Dmitriev, chief?
South America's largest oil producer, Brazil, will launch discussions on potentially joining OPEC in July, Brazilian Energy Minister Bento Albuquerque told Reuters on Wednesday. In July, Albuquerque is scheduled to?
Nigeria's NNPC Suffered More Than 45,000 Oil Pipeline Breaks Over 18 Years
The Nigerian National Petroleum Corporation (NNPC) reported as many as 45,347 incidents of breaches on its oil pipelines between 2001 and mid-2019, the corporation's managing director Mele Kyari said?
BP Quits Iraq's Kirkuk Oilfield As Studies Disappoint
UK-based supemajor BP has withdrawn from the Kirkuk oilfield in northern Iraq after its field study contract expired, and no deal was signed for a potential expansion, likely because of?
Low-Carbon Projects Are A Priority For Oil Companies In 2020
A growing number of oil companies will boost their investments in low-carbon projects this year as they focus on lowering their carbon footprint, a survey from Norwegian DNV GL?
EIA Sees Shale Production Rise By Another 22,000 bpd Next Month
Oil production in the seven most prolific shale plays in the United States is set to increase by 22,000 bpd in February to 9.2 million bpd, the Energy Information Administration?
South Korea To Send Anti-Piracy Ship To Strait of Hormuz
South Korea will send a navy ship to the Strait of Hormuz in response to a request from the United States to help guard tanker traffic through the world's biggest?
Libya's NOC Confirms It Virtually Lost All Of Its Oil Production
Libya's National Oil Company has confirmed that is has lost virtually all of its oil production, at 1.2 million barrels per day of oil production, and $77 million in daily?
Iraq May Stop Iran Energy Imports If US Doesn't Extend Waiver
Iraq may have serious problems in securing its energy needs if the United States doesn't extend a waiver for an Iraqi bank to process payments for Iraq's imports of electricity?
