Global Energy Industry News

[Press] Europa Oil & Gas plc – Update on Holmwood Prospect, Surrey

September 4, 2018
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Europa Oil & Gas (Holdings) plc, the UK and Ireland focused oil and gas exploration, development an … Read full story › Source:: Oil Voice     &nbsp […]

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China’s slowing demand for oil is a serious concern for the Middle East

September 4, 2018
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By hellenicshippingnews. The risk of declining Chinese demand for oil is worrying Middle East officials more than Iran’s supply curbs as a result of U.S. sanctions. Bahrain and Oman’s oil and gas ministers both told CNBC Monday that China’s demand for oil could decline […]

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Russia’s oil industry can shoulder extra taxes, finance ministry says

September 4, 2018
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By hellenicshippingnews. Russia’s oil industry is awash with cash and will be able to withstand the planned 1 trillion roubles ($15 billion) in extra taxes over the next six years, Alexei Sazanov, the head of the tax department in the finance ministry, said in an interview. The […]

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Oil prices jump as Gulf of Mexico rigs evacuated

September 4, 2018
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By hellenicshippingnews. Oil prices rose sharply on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. U.S. light crude rose $1.31 a barrel from Friday’s close to a peak of $71.11, its highest since mid-July, before […]

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