Oil
Oil development projects in the Barents Sea are gathering steam
Statoil, Lundin, Eni and OMV have been increasing their efforts in the Barents Sea, with the Norwegian government recently stating…
UK’s competition watchdog approves £2.2bn oil merger
The UK’s competition watchdog has approved a £2.2bn oil merger between Wood Group and Amec Foster Wheeler. The companies agreed to…
Hurricane Harvey: What does the worst storm to hit the US in 12 years mean for oil and gas prices?
Texas is bracing itself for Hurricane Harvey, which could be the worst storm to hit the US mainland for almost…
Venezuela is on its knees: where next for the latest socialist casualty?
Tear gas in the air and the sound of police shotguns fill the streets -- every day since April thousands…
Qatari millionaires are being hit hard by the country’s Saudi Arabian standoff
As the Qatar crisis continues and mediations are reported to be deadlocked, it is taking a toll on the region’s…
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Liza project: Guyana needs to be careful not to lose its oil revenue to corruption and price swings
As Exxon Mobil's Liza project moves into the development phase the challenge for the Guyana government is to strengthen the…
North Korea’s military capabilities are putting oil and gas operations in the region at risk
While North Korea has not suggested it intends to attack its immediate neighbours or their energy infrastructure it does have…
Oil production in Angola is set for short-term surge but the long-term looks bleak
Angola, as part of the arrangement with the Organisation of the Petroleum Exporting Countries (Opec) members, agreed to reduce oil…
Kurdistan oil is back in the limelight with production set to rocket
The Kurdistan region was once considered to be the last great frontier in the petroleum industry, however, a series of…
Suitors are bent on extracting more juice from the North Sea
The UK and Norwegian North Sea has recently shown an increase in mergers and acquisitions activity despite the latest oil…