News / International
Canadian Banks Liable to US Shale Producers After Plunging Oil Prices
Canada’s biggest banks are on the hook for at least $478 million of the $26 billion owed to U.S. oil and gas firms that bought protection against plunging crude prices.
Nigeria Must Raise Gas Prices to Bridge Looming Gap
Nigeria has to raise its gas prices to attract an estimated $55 billion of investment needed to plug persistent local shortages, Nigerian Gas Association President Bolaji Osunsanya said.
Argentina’s YPF to Ask for Russian Help in Exploiting Country’s Shale
YPF and Russia's powerful Gazprom International are expected to conclude a Memorandum of Understanding (MOU) during Galuccio’s visit to Moscow.
Oil Production From Major US Shale Fields Increases 1% Over February
Oil production from key shale formations in North Dakota and Texas increased by 17,000 barrels per day (b/d), or 1%, in March versus February, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information.
Puma Energy to Invest $400 Million in Angola Oil Terminal
Puma Energy, whose largest shareholder is commodity trader Trafigura Beheer BV, opened an offshore fueling system in Angola’s capital to expand a terminal that could cost as much as $400 million.
Greece Calls on China for Offshore Oil, Gas Exploration
Greece invited Chinese firms on Monday to bid in a Greek tender for deep-sea oil and gas exploration later this year after Athens extended the bidding process in March.
China’s Peace Pipeline to Carry Iran Gas Across Pakistan
China has signed a deal with Pakistan to construct a pipeline to take Iran’s gas at border and take it across the country to the southern port of Gwadar.
Iraq Oil Exports Down But Still Impressive, According to Analysts
Iraq's oil exports have slipped so far in April to 2.92 million b/d, according to loading data and industry sources, although shipments from OPEC's second-largest producer remain close to a record high
