The Competition Council authorized the transaction by which Emma Lambda Limited, Cyprus, part of the Czech Emma group, takes over Stratum Energy Romania LLC, USA, with its branches and subsidiaries. Thus, the Emma group, which owns a large part of the supply of gas and electricity in Romania, expands its business in the area of […]
Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?
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Three containers with oil products have caught fire on the Krasnoyarsk road in the Russian city of Omsk on 25 April. The fire covered the area of 500 square metres.
The Interior Department released a new regulation Friday that will affect 13 million acres in Alaska, prohibiting drilling for oil on the land. The Management and Protection of the National Petroleum Reserve in Alaska rule will affect 40% of Alaska’s reserve, as 10.6 million acres will be completely protected by the Bureau of Land Management […]
On the back of a 2023 oil tender, Angola is seeing newfound interest in its
SANTA FE, N.M. (KRQE) – The U.S. Bureau of Land Management (BLM) is reconsidering a plan to lease land in Eddy and Lea Counties to oil and gas companies. Now, BLM is looking for public input on the idea. In 2021, BLM approved leases for about 6,000 acres of land in New Mexico. Then, Citizens Caring for []
Falcon Oil & Gas Ltd (UK) (GB:FOG) has released an update. Falcon Oil & Gas Ltd has successfully completed a fundraising initiative, securing approximately $4.9 mil
Northern Oil and Gas (NYSE:NOG – Get Free Report) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Monday. NOG has been the subject of a number of other research reports. Stifel Nicolaus dropped their target price on shares of Northern Oil and Gas […]
The world’s crude oil production fell by 1.2 million barrels per day bpd in February compared to the same month last year as steep output declines in Saudi Arabia and Iraq were partially offset by a large annual production gain in the United States, the latest data by the Joint Organizations Data Initiative JODI showed on Wednesday. Compared to January 2024, global crude oil production jumped by 473,000 bpd in February as U.S. oil production rebounded following shut-ins due to bad weather...
Ilham Aliyev, the strongman president of Azerbaijan, used his platform at the Petersberg Climate Dialogue in Germany on Friday to declare the presence of fossil fuels in his country a "gift of the gods" and declare his intention to expand Baku's exports to Europe.