Ukraine crisis challenges oil industry caution at high prices
As commodity prices soar, the Ukraine crisis has prompted demands from petroleum lobbies for a reboot of US energy policy to promote domestic oil and gas production. But recent history…
Dismantling the oil industry: Rough North Sea waters test new ideas
Scottish marine salvage group Ardent is adapting the tanks it used to refloat the Costa Concordia, the cruise ship wrecked off the Italian coast in 2012, to decommission North Sea…
Privatise Nigeria’s oil industry? Easier said than done
A leading contender in Nigeria's presidential election next month has pledged to privatise the country's oil industry, but that's a promise that might prove hard to keep, some observers say.…
Russian oil industry would weather US ‘bill from hell’
Stiff new US sanctions against Russia would only have a limited impact on its oil industry because it has drastically reduced its reliance on Western funding and foreign partnerships and…
Offshore oil industry suppliers fight to be fit for frugal future
Rising more than 20 metres above the sea, Statoil's Aasta Hansteen platform towers over the Stord shipyard in western Norway, representing the height of engineering in the offshore oil sector.…
Fearing tobacco’s fate, palm oil industry fights back
On the morning of Feb. 26, executives from a Washington consultancy presented a strategy paper to some of the most powerful officials in the Malaysian palm oil industry. The message:…
‘Houses are bouncing;’ quakes trigger controls on Oklahoma oil industry
Inside the small U-Haul rental office in Guthrie, Oklahoma, Tami Boxley routinely deals with something that once was rare: the rattling, booming roll of the earth. In the last week…
Brazil’s offshore stake not so appetising for oil industry
The Campo de Libra oilfield off Brazil's Atlantic coast lies 6,000 metres below sea level under a thick layer of salt, and is known as the "filet mignon" of Brazil's…
Coronavirus creates repair headache for oil and gas industry
The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems for an industry already reeling…
Changing dynamics of oil and gas industry
There is great opportunity for foreign exploration and production (E&P) companies as well as for domestic private sector business houses to participate in Oil & Gas ventures in Pakistan. Pakistan’s…
