Catégorie General

Shale gas represents ‘low risk’ to public health

The UK Onshore Operators Group (UKOOG) announced last Thursday that it welcomes a report by Public Health England that has concluded that shale gas extraction emissions represent a « low » risk to public health. The report focuses on the potential impact of chemicals and radioactive material from all stages of shale gas extraction, including hydraulic fracturing. […]

Oil traders look to Iran’s market return

As Iranian and western negotiators hunkered down for talks on Tehran’s nuclear programme in Geneva last week, oil traders and analysts went into their own war rooms – estimating the speed and quantity of oil the country can bring back to the market should sanctions be lifted. A rapid return of Iranian barrels could push […]

The world’s top 5 most expensive oil & gas cities: #1 Luanda (Angola)

Just over a decade after a long-running civil war that claimed the lives of hundreds of thousands of people, the West African country of Angola is one of the world’s hottest locations for the oil and gas industry today. Angola is the second-largest oil producer after Nigeria, according to Organization of the Petroleum Exporting Countries […]

The world’s top 5 most expensive oil & gas cities: #2 Stavanger (Norway)

Scandinavia has long been regarded as very expensive, even by visitors from other parts of Europe, with a major tourist bugbear being the price of alcohol. This view was confirmed in the summer by ECA International’s cost of living report, which showed that Tokyo had been knocked off its top spot for the first time […]

The world’s top 5 most expensive oil & gas cities: #3 Juba (South Sudan)

South Sudan is a new country that separated from Sudan and became an independent state in July 2011, taking with it much of its northern neighbor’s oil reserves. Today, companies such as China National Petroleum Corporation, India’s ONGC Videsh and Malaysia’s Petronas are running the country’s oilfields – which were pumping some 300,000 barrels of […]

The world’s top 5 most expensive oil & gas cities: #4 Moscow (Russia)

During Vladimir Putin’s tenure as President of Russia, then Prime Minister, and then President again, Russia has enjoyed significant investment in its oil and gas industry. Although Moscow is not close to Russia’s main hydrocarbon-producing areas there are plenty of oil executives based in the capital city since major international oil companies, such as BP […]

The world’s top 5 most expensive oil & gas cities: #5 Perth (Australia)

As international oil and gas companies increasingly pursue hydrocarbons in frontier regions, the effect of investing billions of dollars into the developing countries where these energy resources are located has contributed to making places that were once regarded as backwaters, or even « Third World », very expensive places to live. While natives to a particular country […]