Canadian Finance Minister Bill Morneau said that the country is considering relaxing rules on foreign investment in order to attract more capital and spur growth. …
Saudi Arabia and its neighbors in the Persian Gulf play an indisputably important role in global oil and gas markets. Much of the news that comes out about the region fails to capture …
The International Energy Agency sees supply and demand coming into balance during the third quarter of the year, according to its August Oil Market Report.…
As low oil prices continue to put pressure on the Russian budget, the government in Moscow continues to look for ways to make up budget shortfalls, including …
Mexico’s oil and gas potential has been overshadowed in recent years by the tremendous success in the United States and Canada—the rest of North America. But Calgary-based International Frontier Resources (ticker: IFR) plans …
Following the end of international sanctions against Iran in July of 2015, the Islamic Republic has ramped production up from existing fields faster than many …
EnerCom’s The Oil & Gas Conference® 21 will feature presentations from C-level executives at publicly traded and private oil and natural gas companies, as well as experts and …
From Reuters
State-controlled oil company Petrobras said on Tuesday it plans to scale back its role in Brazil’s natural gas industry by selling or sharing control of pipelines and opening its liquefied natural gas (LNG) terminals to third parties.
The …
(IraqiNews.com) Basra – Basra Provincial Council announced that the Japanese government has agreed to lend 2.1 billion US dollars to Iraq for developing Basra refinery and added that the loan will …
ExxonMobil (ticker: XOM) has made a $2.5 billion all-stock offer for InterOil Corp. (ticker: IOC), a U.S.-listed company with natural gas assets in Papua New Guinea.…
July 14 marks the one-year anniversary of the implementation of the Joint Comprehensive Plan of Action (JCPOA) negotiated by Iran and the P5+1, which included the U.N. Security Council …
International Frontier Resources Corporation (“IFR” or the “Company”) (TSX-V: IFR) is pleased to announce the appointment of Colin Mills to its board of directors.
Mills brings over 30 years of experience …
Italian drilling services firm Saipem (ticker: SPM) has been awarded more than $1.6 billion in contracts for offshore engineering and construction; the most significant contract relates to the field development project for the supergiant Zohr gas field, off the Egyptian …
From Reuters
A U.S. House of Representatives panel began debate legislation on Thursday intended to block Boeing Co’s planned sale of dozens of commercial aircraft to Iran, which could also affect other planemakers, including Airbus if they became law.
A …
The yield on Japan’s 20-year government bond fell below zero for the first time ever today as investors flee the pound sterling and the euro in the wake of Brexit. …
Chevron Corporation (ticker: CVX) announced the first oil and gas investment to exceed $10 billion in 2016 with its decision to go ahead with an expansion …
Noble Energy (ticker: NBL) announced the sale of a 3% working interest in the Tamar field offshore Israel today for $369 million, …
Chevron Approves Next Major Tengiz Expansion Project in Kazakhstan
…From the Puget Sound Business Journal
Despite international fears about the impact on technology companies of the United Kingdom’s decision to exit the European Union, Microsoft CEO Satya Nadella this week said the vote will not impact the Redmond company’s …
LAGOS, Nigeria, 30 June 2016 -/African Media Agency (AMA)/- Africa Finance Corporation (‘AFC’) is acting as lead arranger for an up to US$425 million senior mezzanine facility for New Age (African Global Energy) Limited (‘New Age’), a privately held oil …
Crude oil prices continued to rally today after taking a dive following the Brexit vote last week.
Investors fleeing the pound sterling strengthened the dollar and yen substantially, creating downward pressure on …
From Stars and Stripes
WASHINGTON — About 300 airstrikes against the Islamic State’s oil network in Iraq and Syria during the last two years have cut the terrorist group’s revenue by at least half, a U.S. military spokesman said Wednesday.…
In the years of the shale boom, North America has become one of the major players on the global oil and gas stage. Methods like horizontal drilling …
The next chapter in the Keystone XL pipeline saga is officially underway.
On Friday, June 24, 2016, …
The surprise decision by the United Kingdom to leave the European Union triggered the largest single-day selloff in history, according to Standard & Poor’s Dow Jones Indices. …
Israel, Turkey normalize diplomatic relations after six years
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In a referendum that essentially split the country, the United Kingdom voted to leave the European Union Thursday, a move most market experts did not believe would take …
In less than 24 hours, the UK will vote whether or not to stay in the European Union or exit the …
From Reuters
Germany’s coalition government agreed to ban fracking for shale gas indefinitely on Tuesday, after years of fractious talks over the issue, but environmental groups said the ban did not go far enough and vowed to fight the deal.…
There was a stronger showing of the heads of international oil and gas companies at this year’s St. Petersburg Economic Forum, but deals remained relatively light.…
