Fosil Fuels
Shell Agrees Sale of Stake in Vivo Energy to Vitol Africa BV
Shell has signed an agreement with Vitol Africa B.V. to sell its 20% shareholding in Vivo Energy for US$250 million. Completion of this transaction is expected during the first half of 2017, subject to regulatory approval. The sale is in…
OPEC Secretary General Congratulates El-Badri on Platts Award
OPEC Secretary General, HE Mohammad Sanusi Barkindo, has congratulated former OPEC Secretary General, HE Abdalla Salem El-Badri, on recently been honoured at the Platts Global Energy Awards in the ‘Lifetime Achievement’ category. The Secretary General said that El-Badri is an…
Gazprom’s Positions Remaining Stable Amid Changing External Environment
The Gazprom Board of Directors took note of the information about the impacts caused by the events of 2016 on the long-term outlook for the global energy market. It was highlighted that a number of major economic and geopolitical events…
Barack Obama Bans Oil and Gas Drilling in Most of Arctic and Atlantic Oceans
Obama uses law that allows presidents to block sale of new offshore drilling and mining rights and makes it difficult for their successors to reverse decision. Barack Obama has permanently banned new oil and gas drilling in most US-owned waters…
OPEC Secretary General Attends Meetings, Workshop at Columbia University
The Organization of the Petroleum Exporting Countries (OPEC) Secretary General, HE Mohammad Sanusi Barkindo, and an accompanying delegation, took part in a series of activities at the Columbia University’s Center on Global Energy Policy (CGEP) in New York on 15…
No, Coal Isn’t Coming Back: the Reasons in 5 Charts
The coal industry is on the decline, but the reason for that decline has become a subject of political debate. Supporters of fossil fuels blame the energy policies of the outgoing Obama Administration, claiming the emphasis on renewable energy and…
Gazprom Expanding Cooperation with Japanese Partners
A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Japan.Tokyo hosted high-level meetings with the top officials of the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade…