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NEW YORK CITY (Bloomberg) — ConocoPhillips is in exclusive talks to sell its U.K. oil and gas fields, said to be valued at as much as $3 billion, to British billionaire Jim Ratcliffe’s Ineos Group. The U.S. explorer plans to…
WASHINGTON D.C. (Bloomberg) — The Trump administration sanctioned an Iranian company and three Russian companies, including a subsidiary of the Russian Ministry of Energy, in an effort to choke off oil sales to the regime of Syrian leader Bashar al-Assad.…
Senegal is considering raising royalties and taking a bigger stake in oil and natural gas projects as part of the West African nation’s overhaul of its oil code, according to a document obtained by Bloomberg. Senegal is revising its code…
CALGARY — According to Husky Energy, operations remain suspended at the SeaRose floating production, storage and offloading (FPSO) vessel with all production wells secure after a period of extreme weather late last week. The company had shut in oil production at White…
HE Minister Jeff Radebe, minister of energy of the Republic of South Africa, and Dr. Fatih Birol, executive director of the International Energy Agency, jointly announced South Africa’s decision to join the IEA as an association country. South Africa is…