View Cart (0 items)

Oil & Gas

Europe may reconsider stance on fracking

Recent political events in Ukraine and Russia's involvement may cause some EU member-states to reconsider their stance towards hydraulic fracturing.
Read More

Total plans to tap into Iraqi petrochemical market

French oil company Total is exploring options to expand its presence in the Middle East and tap the growing local market by constructing a large petrochemical complex in Iraq.
Read More

Poland moves to attract foreign shale gas companies with tax breaks

Poland is thinking of implementing an extensive shale exploration and development plan that aims to reduce its energy dependence on Russia and boosts its own economy.
Read More

Canadian crude unlikely to prevent North Dakota oil industry growth

If the United States moves to approve the proposed major pipelines carrying Canadian crude, the effect of the increased import of crude from north of the border may not be as significant as many industry representatives claim.
Read More

Enbridge gets approval for major pipeline reversal

Canada's National Energy Board has given the green light to Enbridge's plan to reverse the flow of the pipeline known as Line 9, carrying crude oil from Montreal to Sarnia, Ontario.
Read More

Shell closes Nigerian crude oil pipeline

Royal Dutch Shell announced that its Nembe Creek Trunk oil pipeline in Nigeria was closed on Feb. 23 because of a leak caused by theft.
Read More

Middle East oil industry key for global growth, expert says

Part of the Western world is underestimating the importance of the Middle East as a result of the shale revolution in the United States but this may be too hasty a reaction.
Read More

Shell sells Australian refinery to Vitol

Energy giant Royal Dutch Shell is to sell as many as 870 service stations and its Australian refinery to Swiss oil company Vitol. The deal is worth approximately $2.6 billion.
Read More

French refiners report $945 million losses in 2013

Cheap U.S. natural gas and competition from Asia and the Middle East have dealt a heavy blow to the European refining sector, with French refineries alone losing about EUR700 million ($945 million) last year.
Read More

China aims to develop shale gas industry

Chinese authorities are looking for ways to respond to climate change swiftly and effectively, turning their attention towards fracking and other non-conventional methods for energy production in the hope that the country will be able to radically cut down on its coal use.
Read More