Oil and Gas

Bahrain discovers 80bn barrels of shale oil, significant amounts of tight gas

Bahrain, the Arabian Gulf island nation, has announced that it has discovered 80 billion barrels of oil and significant amounts…

Trade war effect on oil prices to be minor- minister

Suhail Al Mazrouei, the United Arab Emirates energy minister said Tuesday that he is not concerned about the international trade…

Downstream already up in arms over single regulatory commission for industry

The rationale behind the need for two regulatory commissions instead of the proposed one in the Petroleum Industry Governance Bill…

Natural gas price dips after limited storage decline

Natural gas stocks decreased by 63 billion cubic feet for the week ending March 23, according to the U.S. Energy…

Shell files criminal complaint against ex-employee over Nigeria OML 42 sale

Agency report Royal Dutch Shell has filed a criminal complaint with Dutch authorities against a former employee over the sale…

China introduces crude pricing benchmark

World's largest crude importer, China announced the launch of a new crude oil pricing benchmark Monday. The benchmark designed to…