oil

Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S. oil trading. The price on the futures contract for West…

Shell Upstream Albania has come to the decision to abandon its plans for oil exploration in a protected area near Gjirokastra, following protests by residents and the opposition of cultural and heritage specialists, according to information…

The lack of crude oil at the Ballsh refinery has made many workers go on protest. The workers protested in front of the Fier Refinery Office, accusing Bankers Petroleum of taking the crude oil abroad, rather than to their refinery.…

Few Americans realize that the U.S. economy is being propped up by the Shale Oil Industry. However, the shale oil industry is nothing more than a Ponzi Scheme, so when it collapses, it will take down the U.S. economy with it. Unfortunately,…

Me anë të një emaili dërguar redaksisë sëShqiptarja.com, të enjten në darkë, kompania shumëkombëshe “Gulf Oil International” nëpërmjet zv/presidentit Frank Rutten bën të ditur se ajo ka ndërprerë kontratën me “Sun Petroleum Albania” Sh.p.k,…

Oil and gas giant Royal Dutch Shell Plc (AMS:RDSA) on Thursday published a report that outlines the different paths the world could take to achieve carbon neutrality and Shell’s planned contribution towards that goal, including future…

Less than 3 years after the approval of the concession for the port of processing of hydrocarbons in Porto Romano, the Albanian government has proposed an addendum to the BOT concession contract. Under the terms of the original contract,…

BP Plc, the oil major that sold a third of its assets after a disastrous rig accident in 2010, said it won’t be left behind as the industry boosts investment in new energy. “We haven’t made really big bets but we’re scanning and…

Concession a ‘low-geological-risk asset at the optimal depth,’ says chairman Kastriot Bejtaj The meeting was to review budget, but N. Desmond Smith believes some important collaborative capital is also in play. On Friday, Jan. 12 in…

Brent crude briefly topped $70 a barrel last week, its highest since November 2014, and the obvious question was when would the shale drillers turn on the taps. The better question this time around is what will happen to demand and…