Latest news
China has more oil production abroad than at home
China is one of the biggest oil consumers heavily reliant on imports. Production from assets the Chinese state oil firms own abroad surpasses internal production, increasing the state dependency on foreign oil.
read more... 14/03/2018
Daily (07.03.2018): Oil prices rose on Tuesday due to a weak dollar ahead of U.S. inventory data
Oil prices rose on Tuesday, after South Korea mentioned it would carry out a summit with North Korea for the first time in a decade, which investors took as a cue to sell the U.S. dollar and purchase risky assets.
read more... 07/03/2018
Paris climate agreement to cause more coal decommissioning
More divestments from coal and other fossil fuels assets will take place on the global scale, as countries implement the Paris climate deal.
read more... 01/02/2018
Hungarian oil and gas major firm puts up on sale UK North Sea assets
Hungarian oil giant MOL declared about its intentions to sell its assets off the UK causing continuous tensed events in the North Sea. This comes after four years the company entered the area.
read more... 07/12/2017
Eight energy companies promise methane cuts from natural gas
BP, ExxonMobil, Shell, Statoil and Total are among eight energy firms that inked the Guiding Principles document to further cut methane emissions from their natural gas assets.
read more... 23/11/2017