Latest Oil & Gas News
OilFinity.com publishes the latest oil and gas news from around the world including contributions from leading oil and gas publishers. Keep abreast of the latest news across the upstream, midstream and downstream oil and gas sectors.
An overhaul of the North Sea tax regime outlined in the budget last week is a ‘step in the right direction’ in protecting jobs, according to Fircroft.
Britain's diesel pumps could "run dry" because of a growing dependence on foreign fuel, according to the RAC Foundation.
When Will We Run Out of Oil, and What Will Happen When We Do?
Based on Morningstar's 2016-17 forecasts of OPEC volumes remaining more or less flat, reaching a rebalancing point relies on demand growth and U.S. production
President Obama's approval of Shell's Arctic oil drilling has tarnished his environmental legacy.
The U.S. Is More Energy Self-Sufficient Than Ever Before, And The Arctic Can Assure It Stays That Way
America has fallen behind its economic competitors—namely Russia and China—in Arctic resource and infrastructure investment. Charles Ebinger argues that the United States must better define its resource development policies and priorities in order to ensure U.S. leadership in the Arctic. This piece was originally published on Forbes.
Fact sheet outlining initiatives, including community grants and systems to counteract effects of global warming in Arctic, did not address oil drilling
As Barack Obama opens up the Arctic Ocean to oil drilling, how can this pristine wilderness withstand the human hunger for fossil fuels?
The Oil & Gas Sector is a Safe Place to Work
Renewable Energy From Landfills
We are thrilled to announce the launch of our newly designed website!
The Future of Oil Prices
The Impact of Oil Prices on Renewable Energy
OilFinity Newsletter Feb/March 2015
Here is some good news for oil industry recruiters - Free job advertising on the world's largest oil industry job board!
Free Job Advertising on The World's Largest Oil & Gas Jobs Platform
India has been one of the biggest net importers of crude oil in the last few decades. Last year, the nation imported around 78% of its total crude oil requirements. With the current fall in the global crude oil prices, India’s upstream and downstream oil and gas sector stands at a crucial juncture.
The state audit agency has filed a complaint with the prosecution against a former CEO of the state-run Korea National Oil Corp. (KNOC) for breach of trust over a bungled overseas oil development project. The Board of Audit and Inspection (BAI) also urged the trade ministry to seek a compensation suit against its former president, Kang Young-won.
Over 80 people on both sides of Israel-Jordan border treated for respiratory problems after maintenance workers damage pipeline
The oil price could drop even further when sanctions are lifted from one of the world's four biggest producers
By now, everyone is aware of the serious threat rising shale output from the United States poses to OPEC. But sluggish demand growth in response to the quadrupling of prices between 2002 and 2012 is at least as a big a challenge for the cartel. Consumption in the developed economies peaked at 50 million barrels per day (b/d) in 2005 and is still just 45 million b/d nine years later, according to the U.S. Energy Information Administration (EIA).
Shale oil is a disaster for climate change, Venezuelan Foreign Minister Rafael Ramirez said as the Organization of the Petroleum Exporting Countries (Opec) prepares to decide on oil output policy.
The debate over the Keystone XL Pipeline project has highlighted the safety and environmental concerns opponents have over transporting oil by pipeline. These concerns are valid, but what has been lost in the discussion is the fact that vast amounts of oil are transported across the country daily. We should be equally concerned that oil that moves through our communities by rail and truck is transported as safely as possible with the least risk of damage to our environment.
If Saudi Oil Minister Ali al Naimi wants to stop conspiracy theories spreading before a crucial OPEC meeting next week, it's too late
British filmmaker Orlando von Einsiedel did not expect a civil war to break out when he arrived in the Democratic Republic of Congo in 2012 to profile Virunga National Park's plans for tourism and economic development.
LONDON Aug 12 (Reuters) - From modest beginnings in the Barnett shale beneath the city of Fort Worth, unnoticed by most energy analysts, horizontal drilling and hydraulic fracturing spread across North America and transformed all aspects of the energy landscape in under 10 years. By John Kemp
LAUNCESTON, Australia, Aug 7 (Reuters) - Just how serious is China about cutting or limiting coal consumption?
LONDON, Aug 5 (Reuters) - Miner and commodity trader Glencore has expressed interest in iron deposits in Guinea, a presentation obtained by Reuters shows, although the company said it had not pitched for a stake in Simandou, the country's largest deposit.
--Clyde Russell is a Reuters columnist. The views expressed are his own.--
-Clyde Russell is a Reuters columnist. The views expressed are his own.-
(Reuters) - The probability of a solar storm striking Earth in the next decade with enough force to do serious damage to electricity networks could be as high as 12 percent, according to solar scientists.