The European Union is urging Russia and its neighbours to commit to long-term energy contracts that will guarantee them affordable oil and natural gas supplies. The appeal came on the first day of a two-day conference of officials from the...
Greenland’s ice-caps may be melting at an alarming rate due to climate change, but that is not stopping the country issuing further oil and gas licenses. Twelve companies have advanced to the prequalification stage under the country’s latest licensing round....
As the oil price continues to rise, many African oil-importing countries are beginning to look at ways of lessening their dependence on the fuel. Whilst continuing high oil prices are good news for the 13 African countries which are net...
Over the next few days, Oil Change will be bringing you an exclusive blog by Rich Cookson, a British journalist who is visiting the oil and gas developments at Sakhalin Island off Russia's east coast (see map). Rich writes: "In...
There are signs that there is a growing diplomatic row between the US and Russia over energy and trade. The Times has reported how “American oil companies Chevron and ConocoPhillips could be shut out of a massive Arctic gas project...
Saudi Arabia, the world's biggest oil exporter and therefore the world's largest indirect polluter, has finally signalled it will help the fight against global warming through, wait for it, helping research into reducing greenhouse gas emissions in the oil industry!...
It looks like Exxon is about to be booted out of Venezuela, the fifth largest oil-exporting nation. On Wednesday, Venezuela's oil minister said that Exxon was no longer welcome. "We said we don't want them to be here" Minister Rafael...
Although Russia has now switched the tap back on allowing gas exports to resume at full strength to the Ukraine, the ramifications of the dispute are still rumbling across Europe. You could argue that the Russian action could be beneficial...
BP is coming under fresh pressure to relinquish control of one of its most valuable assets in Russia after Kremlin officials confirmed they would conduct an aggressive audit of its giant Kovykta natural gas field, run by TNK-BP. Inspectors allege...
On Wednesday the EU Commission will vote on whether to impose tough new CO2 emission limits for new motor vehicles. In a predictable response, European carmakers are warning that jobs will be lost and their brands will “suffer†if strict...
