Brazil gears up to become fourth largest oil producer
Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) reports that the country's oil production is steadily increasing, projecting the country to become...
Russia takes control of Iraq’s biggest oil discovery for 20 years
Preliminary estimates suggested that Iraq’s Eridu oil field holds between 7-10 billion barrels of reserves. Senior Russian oil industry sources spoken to exclusively by...
FT: EU ports help sell on over 20% of LNG imports from Russia
More than a fifth of Russia’s liquefied natural gas reaching Europe is reshipped to other parts of the world, a practice that boosts Moscow’s...
Gas deals beyond 2050 show reality gap on Europe Climate Goals
Two days after the European Union declared it will push for a global phase-out of most fossil fuels well before 2050, Shell Plc signed...
Fossil fuel producers ‘literally doubling down’, UNEP report
Contrary to pledges to cut fossil fuel production, government policies worldwide will add up to a doubling of production in 2030, a new report...