Oil Prices ‘Remain Elevated and Volatile’
In a market comment sent to Rigzone on Thursday, Mazen Salhab, Head of Market Research at MH Markets, highlighted that oil prices “remain elevated and volatile … as the market…
Serbia Says Russia Ready To Sell Stake In NIS
Serbia’s president has confirmed that Russia is prepared to sell its controlling stake in the country’s only oil refinery and that Hungary’s MOL has been discussed as a potential buyer,…
India’s Oil Imports Set for Record High in January
India is on track to import record-high volumes of crude oil and condensate in January as refiners boost non-Russian purchases to replace barrels lost to U.S. sanctions, energy flow tracking…
Shell and BP Seek U.S. Licenses for Shared Venezuela-Trinidad Gas Fields
UK-based supermajors Shell and BP are seeking U.S. licenses to develop gas fields that Trinidad and Tobago shares with Venezuela, the Caribbean island’s Energy Minister Roodal Moonilal said on Wednesday.…
Kazakhstan Seeks U.S. Approval to Buy Lukoil’s Kazakh Assets
Kazakhstan has filed a formal bid with the U.S. Treasury seeking authorization to buy out the Kazakh assets of Russia’s sanctioned oil firm Lukoil, Kazakhstan’s Energy Minister Yerlan Akkenzhenov said…
