Russia will start construction on a $1.34 billion oil pipeline link this week, in order to speed up its delivery of crude supplies to China.
As international oil companies wade into Iraq, forecasts for Iraqi production now stand as high as 10 million b/d within the decade. However political uncertainty and poor infrastructure leads analysts to caution against relying on Iraq as the next hope...
Privately owned energy trading company Gunvor is the third largest crude oil trader in the world after Glencore and Vitol. It has recently expanded into other energy markets. Paymon Aliabadi, managing director of Gunvor’s global energy group, talks...
Energy Risk brings you a snapshot of what's moving and shaking the markets with special on-the-ground live reports from the Carbon Market Insights conference in Amsterdam.
Crude oil and gas production in Nigeria has fallen by around 30% over the past five years, following a slowdown in exploration and production activity in the country, says Ann Pickard, Shell’s regional executive vice-president of exploration and production...
The regulation of greenhouse gas (GHG) emissions by the US Environmental Protection Agency (EPA) is set to begin in 2011 with a higher-than-expected threshold, according to the latest details from the agency.
Iraq poses a risk to oil market outlook as the country may not fulfil output expectations in the shorter term, says Bank of America Merrill Lynch (BAML). However, the prospect of a huge increase in oil production may still maybe able to keep prices under...
Energy Risk brings you a snapshot of what's moving and shaking the markets.
The global oil supply tightness forecast for the next five years due to increasing Asian demand might be eased by China’s latest move to promote closer ties and secure more imports from Saudi Arabia, say analysts.
US oil and gas shale production - seen as a vital contributor to US energy needs - is under investigation due to environmental fears over extraction techniques.
Oil prices are expected to remain between $70 and $80 per barrel (bbl) this year, according to a consensus of industry experts speaking at the IP Week conference in London.
The recovery of Iraq’s oil industry is putting downward pressure on global oil prices as the ability of the world market to absorb the extra capacity might be limited, say oil experts.
RBS Sempra Commodities has sold its global oil, global metals, and European power and gas assets to JP Morgan for $1.7 billion.
Higher-than-expected demand from China and other Asian countries has forced the International Energy Agency (IEA) to revise up its global oil demand forecast for 2010 by 120,000 barrels a day (b/d) to 86.5 million b/d.
Somo, the Iraqi state-owned oil marketing firm, has followed in the footsteps of Saudi Arabia and Kuwait by adopting the Argus Sour Crude Index (ASCI) to benchmark price sales of US-bound crude from April onwards.
FirstEnergy and Allegheny Energy have announced an $8.5 billion stock-for-stock merger transaction that would create a diversified generation portfolio including 2,200 megawatts (MW) of renewables.
Stuart Staley has taken over as Citigroup’s global head of commodities, as the bank aims to boost the business by 30-40% over the next three years.
The 2010 Risk/Energy Risk commodity rankings reveal which companies have been able to prosper despite the difficult conditions of 2009. Lianna Brinded analyses the results and talks to key market participants about their views
Pauline McCallion speaks to Gerardo Rodriguez, deputy undersecretary for public debt at Mexico’s Ministry of Finance & Public Credit, about the government’s highly successful oil price hedging strategy
The 2010 Risk/Energy Risk Commodity Rankings reveal which companies have been able to prosper despite the difficult conditions of 2009. Lianna Brinded analyses the results and talks to key market participants about their views
Jyske Bank, based in Denmark, has traditionally distributed products that have been created by large banks. However, after the financial crisis saw consumer confidence in those banks plunge, Jyske has had to step in to operate as both issuer and distributor....