Israeli police and secret services have arrested a former energy minister and charged him with spying for Iran and helping an enemy during war time, the Shin Bet security agency said on June 18.
Oil supply disruptions, from extraordinary events or otherwise, are not in the best interest of consumers or producers, the International Energy Agency said.
Indian Essar Oil Limited, where Rosneft PJSC holds 49.13%, has been rebranded as Nayara Energy Limited.
Chariot Oil & Gas Limited has secured the Ocean Rig Poseidon, a sixth generation deepwater drillship to drill one firm and one optional well.
Shell Offshore, Inc, a subsidiary of Royal Dutch Shell plc, announces the early start of production – around one-year ahead of schedule – at the first phase of Kaikias, an economically resilient, subsea development in the US. Gulf of Mexico with estimated peak production of 40,000 barrels of oil equivalent per day (boe/d).
Welding of the 1st joints on the 819-kilometer segment of Pakistan’s transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India may take place in the next couple of months.
Total SA (CAC: TOTF. PA) and Clean Energy Fuels Corp (Nasdaq: CLNE) today announced that the two companies have entered into a broad strategic agreement to drive deployment of new natural gas heavy-duty trucks.
The International Monetary Fund’s regional director believes that that the kingdom needs oil prices to be at least $85 per barrel this year to be able to balance its budget.
Greece launched an international tender to sell a majority stake in Hellenic Petroleum as part of its 3rd international bailout.