Latest Stories

Russia’s LNG production soaring in 2019

16 August 2019

Russia has kept is oil and gas production capped in keeping with the terms of the OPEC+ deal, but the production of LNG has soared in the last year, as the Kremlin hopes to turn gas into a commodity that can be sold anywhere.

Koch exits oil sands

15 August 2019

Koch Industries has confirmed that recently sold off its upstream leases and abandoned licences in Alberta’s oil sands.

Oil shipments begin on Cactus II

15 August 2019

Commodity trader Trafigura announced on August 12 that it has started shipping oil on the Cactus II pipeline out of the Permian Basin.

Occidental closes Anadarko acquisition

15 August 2019

Occidental Petroleum closed its acquisition of Anadarko Petroleum last week and is now figuring out the next steps to take with the latter’s assets.

Botswana marks private coal first

14 August 2019

Minergy’s Masama mine in Botswana has produced its first saleable coal for export to South Africa and Namibia

US shale bankruptcies continue for Halcon, Sanchez

14 August 2019

Over the past week, both Halcon Resources and Sanchez Energy have separately filed for Chapter 11 bankruptcy protection.