The United States and Canada have banned offshore oil and gas drilling in parts of the Arctic. The ban has been applauded by environmental groups. Canada will review its decision every five years. Reason for the ban are risks of oil spills into the environment. It would be hard to clean up such…
The European Commission has adopted stricter exemption conditions for OPAL gas pipeline operation Since the start of its commercial operation in 2011, OPAL gas pipeline (…
OPEC cartel to cap oil production OPEC cartel countries have agreed in Algiers on Wednesday to cap oil…
Russia and Saudi Arabia have agreed on the oil price stabilization Energy ministers of Russia and Saudi Arabia announced after the G20 summit…
Cyprus and Egypt have signed a deal on the gas pipeline construction. The…
A British Geological Survey study of shale gas across the north of England…
Drop in US crude oil inventories caused by wildfires in Canada led to an…
Oil price should be increased 
