Oil and Gas

BP, Shell lead plan for blockchain-based energy trading platform

A consortium including energy companies BP and Royal Dutch Shell will develop a blockchain-based digital platform for energy commodities trading…

Nigeria’s Niger Delta Avengers resurface, declare “bloody” end to oil ceasefire

Just as Nigeria has started to pump more than 1.8 million bpd of crude oil for two consecutive months, the…

U.S. back out of oil & gas anti-corruption treaty

The United States will not be part of a recent international treaty to fight corruption in revenues management, according to…

Quarter of oil refineries risk closure under climate goals by 2035, report reveals

A quarter of the world’s oil refineries risk closure by 2035 if governments of countries meet targets to limit fossil…

OPEC oil output drops in October as Kurdistan tensions weigh on Iraq

Tensions in Iraq between the semi-autonomous northern region of Kurdistan and the central government in Baghdad weighed on OPEC’s production…

Iraq oil stops flowing from Kurd, Kirkuk fields to Turkish port

Crude from northern Iraq, including the semi-autonomous Kurdish region, stopped flowing through an export pipeline, a port agent said, days…