British oil giant BP cuts up to $17.5 billion from assets’ value

British oil giant BP cuts up to $17.5 billion from assets’ value

By Anna Domanska - Jun 15, 2020

BP Plc will write down up to $17.5 billion from the value of its assets as the world’s six-largest oil and gas company revises longer-term energy price assumptions with the expec

Read More
Why Mexico’s Oil and Gas Industry Privatization Would Be Successful

Why Mexico’s Oil and Gas Industry Privatization Would Be Successful

By Anna Domanska - May 14, 2018

Mexico’s de-nationalization of its energy sector was said to offer a large pool of opportunities to oilfield servicing companies – after the nation’s oil company (Pemex) drop

Read More
Its lights out for Oil and Gas Exploration, says World Bank

Its lights out for Oil and Gas Exploration, says World Bank

By Anna Domanska - Dec 13, 2017

The World Bank will end its financial support for oil and gas exploration within the next two years in response to the growing threat posed by climate change. Speaking at the clima

Read More
Shell Submits Revised Plan for Controversial Arctic Drilling

Shell Submits Revised Plan for Controversial Arctic Drilling

By Carrie Ann - Aug 29, 2014

European oil giant Royal Dutch Shell PLC took its first step toward returning to explore in the Arctic. Shell spokesperson Megan Baldino said that on Thursday morning the oil and g

Read More
UK Begins Bidding for Fracking Licenses Today

UK Begins Bidding for Fracking Licenses Today

By Carrie Ann - Jul 28, 2014

The U.K is set to begin, the bidding process today, for the next set onshore oil and gas exploration licenses, including shale gas, a solution is viewed as a less expensive and mor

Read More
Energy Union – pipe dream or real possibility?

Energy Union – pipe dream or real possibility?

By Anna Domanska - Jun 25, 2014

Energy dependence is nothing new. But the fact is that the results of it we can fully observe nowadays, just to mention the ongoing political and military struggle in Ukraine. Sayi

Read More
Iraq crisis threatens world economic recovery

Iraq crisis threatens world economic recovery

By Anna Domanska - Jun 13, 2014

Military advances in Southern Iraq by Sunni Islamist anarchists, who took over two Iraqi cities earlier this week could disrupt oil supplies if Baghdad doesn’t re-establish its a

Read More
If you’d like more oil fields and pipelines in Alaska, then you might love this

If you’d like more oil fields and pipelines in Alaska, then you might love this

By Anna Domanska - Jun 11, 2014

The U.S. Department of Transportation’s Federal Aviation Administration took a giant step on Tuesday by easing restrictions on commercial unmanned aircraft systems (UAS) use over

Read More