WTI crude hangs above $80…
Azerbaijan has benefited from the…
Polish President Andrzej Duda has…
The Veneto regional council that decides policies for Venice was struck by a flood just minutes after the majority of the council members rejected a plan for tackling
The company owning the controversial Dakota Access oil pipeline and the Standing Rock Sioux Tribe resumed a long-standing regulatory battle this week, after North Dakota’s regulators began hearings on…
Tesla may have to cut down trees in a pine forest near Berlin where the U.S. electric vehicle maker plans to build its first factory in Europe, according to
Not everyone agrees with the use of tariffs to achieve changes in trade relations. However, a recent article in The New York Times article reports the threat of 25 percent import…
Electric car pioneer Tesla is already producing units on a trial basis at its giant Shanghai gigafactory despite only breaking ground this year, but thanks to changes…
The government of Kuwait, OPEC’s fourth-largest producer, resigned on Thursday after a no-confidence vote against one minister, while the fate of the oil ministry’s portfolio remains unclear. Kuwait’s Prime…
New York Governor Andrew Cuomo has threatened National Grid to revoke its license in two weeks if the company fails to convince the state authorities it was right to stop…
The American Petroleum Institute (API) has estimated a crude oil inventory draw of 500,000 barrels for the week ending November 7, compared to analyst expectations of a 1.649-million-barrel build.…
Big Oil will likely snub Brazil’s huge oil auctions next year, just as they did in this year’s highly anticipated bid rounds, because projects and prospects around the world are…
In what could be just days ahead of the most-anticipated initial public offering ever, investment banks continue to give enormous ranges in their low and high estimates of how much…
Economic growth in Central Asia and the South Caucasus will remain lackluster in 2020, slowing slightly in most countries, the International Monetary Fund says in its latest regional outlook, published late…
ExxonMobil plans to invest several million US dollars annually in the world’s second-largest offshore oilfield, Upper Zakum offshore the United Arab Emirates (UAE), on top of the US$6.5 billion it…
As the weather turns colder in North America, the refined products market focus turns to distillate products. The fall season typically brings diesel demand, seasonal refinery maintenance, and expectations for…
Bolivia’s President Evo Morales was overthrown in a military coup on November 10. He is now in Mexico. Before he left office, Morales had been involved in a long project to…
Tesla plans to build a gigafactory in Germany, chief executive Elon Musk said, adding the facility will also include a design center. “Everyone knows that German engineering is outstanding, for…
Canada’s energy producers are almost out of patience, Imperial Oil Limited CEO said on Tuesday. “I think the industry has largely gotten to the point where we’ll believe it when…
PDVSA signed an agreement with an India-based hardware manufacturer to help it with its struggling oil industry, S&P Global Platts said on Tuesday, who saw the document. The Indian…
The Power of Siberia gas pipeline that will bring Russian natural gas to the world’s biggest gas importer, China, will start operations in December, Geng Shuang, spokesperson for China’s Foreign…
Indian Oil Corporation (IOC), the biggest oil refiner in India, is discussing imports of crude oil from Russia with Russian oil giant Rosneft, IOC’s chairman Sanjiv Singh said on…
Sales of electric vehicles (EVs), hybrid vehicles, and fuel cell vehicles in the United States slumped in Q3 much more than the slight decline in the overall passenger car market,…