Libya conflict boosts oil price
Consumption
Fighting around the Libyan capital of Tripoli this week has forced the US to pull its troops out of the
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Kazakhstan prepares for Uzbek oil exports
Production
Kazakhstan is due to begin annual deliveries of up to 2 million tonnes of oil to neighbouring Uzbekistan. The new
‘Giant’ North Sea field poised to start production
Production
Hurricane Energy says it expects to generate US$200-million per year from gas and oil production from a giant field west
Dutch output boosts Parkmead profits
Industry
Increasing production in the Netherlands has lifted Aberdeen-based oil firm, the Parkmead Group, into profit as it also announced progress
Norway disappoints activists by ditching 1% of wealth fund
Environment
Norway has announced that its sovereign wealth fund, which is worth more than US$1 trillion, will phase out its investments
Saudis sign $10bn refinery deal with China
Policy
Saudi Crown Prince Mohammed bin Salman and Chinese President Xi Jinping have signed a US$10-billion joint venture to develop a
Venezuela, oil and the Monroe doctrine
Opinion
In early 1959, oil prices were low and falling. British Petroleum had cut prices. The United States had instituted import
Single-use plastic bans could damage environment: BP
Industry
The 2019 BP Energy Outlook argues that a global ban on single-use plastics, including packaging, by 2040 could have the
Book review: Energy Kingdoms explains why Gulf states must end free energy
Opinion
At the office tower where I worked, colleagues propped open lobby doors when they went outside to smoke so that
Tullow promises profitable 2019
Industry
A delay in receiving payment from the sale of a stake in Ugandan oilfields has caused European-based Tullow Oil to
Record year helps Premier cut debts
Production
Premier Oil has taken advantage of its second consecutive year of record oil production to make larger-than-expected cuts into its
Faroe concedes defeat after Norwegian raid
Industry
London-listed North Sea oil explorer Faroe Petroleum’s board has conceded defeat in a long-running takeover bid and advised its shareholders
Oil prices fell amid instability
Policy
Oil prices fell today (Thursday) amid currency and stock market instability, and as analysts warned of an economic slowdown as
Security crises hamper Libyan oil production
Production
Despite Libya’s output recovery, its political uncertainty and a worsening security situation are expected to hamper production in 2019. Libyan
Saudi minister attacks Macron fuel tax
Environment
Saudi Arabia’s energy minister, Khalid Al-Falih, has attacked France’s attempt to raise taxes on fuel and warned other nations of