The explorer has been waiting since 2017 to close its divestment in the Lake Albert Development Project, an effort repeatedly stymied by tax disagreements. SourceContinue Reading

Europe Asia Pipeline Co., controlled by Israel’s government, and UAE-based MED-RED Land Bridge Ltd. signed a memorandum of understanding to collaborate on the transportation of crude and oil products between the Persian Gulf and Western markets, according to an EAPC statement. SourceContinue Reading

“There’s only going to be three or four independents that are investable by shareholders” after the recent market rout, Pioneer CEO Scott Sheffield said on a conference call with analysts. “The best companies have been picked off the past few weeks.” SourceContinue Reading

After a slow start to the year as the coronavirus crisis disrupted plans across the industry, asset-sale activity in the North Sea has picked up in the second half. SourceContinue Reading

There’s Nothing That Can Stop The World’s Next Oil Hotspot | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Oct 20, 2020, 7:00 PM CDT While the...Continue Reading

The Big Oil Side Hustle: Where ‘Renewable’ Money Is Really Going | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Oct 20, 2020, 6:00 PM CDT “It is unrealistic to suggest that renewables could replace conventional baseload fuels.“–Gregory Boyce,...Continue Reading

Another Major Breakthrough For Solar Energy | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Oct 20, 2020, 5:00 PM CDT During America’s last election cycle, one of President Trump’s key campaign promises was to revive the dying coal...Continue Reading

Alberta Unimpressed By Canadian Plastics Ban | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Oct 20, 2020, 4:00 PM CDT Earlier this month, Canada’s federal government confirmed plans to ban several single-use...Continue Reading

Surprise Crude Build Sends WTI Prices Down | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Oct 20, 2020, 4:00 PM CDT The American Petroleum Institute (API) on Tuesday reported a build...Continue Reading

Pioneer Natural Resources Co. is in discussions to buy rival Parsley Energy Inc. in an all-stock deal that could be finalized by the end of the month, according to a person familiar with the matter. Pioneer is run by Scott Sheffield while his son Bryan is Parsley’s founder and chairman. SourceContinue Reading