In a recent interview, Peter…
Copper investments are enjoying another…
An earthquake in Taiwan caused…
Italy’s Eni made a major natural gas find in the Niger Delta, with the reservoir estimated to hold about 1 trillion cu ft of gas and 60 million barrels of…
China is likely to stop the import of US crude, as 5% tariffs on such crude will be put into place starting from September 1, 2019 and the country has…
Plains All American will not be passing on its steel tariff fees to its Cactus II customers after all, after threatening to pass on the cost it will incur to…
Tesla will raise the prices of the vehicles it sells in China as early as this week, in response to the latest escalation of the U.S.-China trade war in…
The biggest refiner in China and in Asia, Sinopec, plans to apply for a tariff exemption with the Chinese government for its imports of U.S. crude oil, Reuters reported…
The U.S. federal government has selected a preferential development plan for the Willow oil project that is led by ConocoPhillips. The AP reports that the project could boost Alaska’s…
Days after the U.S. warned, again, that anyone dealing with the Iranian oil tanker released by Gibraltar would face sanctions, Iran said on Monday that it had sold…
Iran’s Foreign Minister surprisingly visited the G7 summit in France this Sunday, to hold talks with world leaders that lasted three hours, according to Reuters. The official, who is…
An explosion rocked a natural gas-filling plant in the Venezuelan state of Miranda, forcing the evacuation of 6,500 local residents, Telesur reports, adding the Venezuelan government has called the…
Oil and gas companies hoping to get a piece of the action in Mexico’s oil industry will have to make good on existing contracts first, Mexico’s president Andres Manuel Lopez…
Refining margins in Asia have slumped by more than 50 percent since the middle of July as fuel market participants have accelerated the sell-off of high-sulfur fuel oil ahead of…
Libya’s National Oil Corporation (NOC) reiterated on Friday its demand for a 67-percent pay increase for the workers in the oil and gas sector, the state oil firm said…
The United States is currently the world’s largest crude oil producer, but it still needs to import heavy varieties of oil, as most of the domestic output tends to be…
Tesla is at an advanced stage of talks with South Korea’s LG Chem to use batteries other than Panasonic’s for the electric vehicles it would be manufacturing at its Chinese…
The United States will respond aggressively to any party helping the now notorious Iranian tanker Adrian Darya 1, formerly Grace 1, which was released from Gibraltar earlier this week. Reuters…
Turkey will continue exploring for oil and gas in the eastern Mediterranean waters around disputed Cyprus, and “No project can be realised if Turkey and the Turkish Republic of Northern…
Another chapter in the drama on the seas may soon be over. Swedish public service broadcaster SVT says that sources within the Swedish foreign ministry has given it strong indications…
South Sudan’s oil minister reported on Thursday that the country has made its first oil discovery since declaring its independence eight years ago, according to Reuters. The latest oil…
Hours after the most prominent climate activist among Democratic presidential hopefuls, Jay Inslee, quit the Democratic primary race, Bernie Sanders unveiled a US$16.3-trillion plan to tackle climate change and…
One of the world’s largest carmakers, Germany’s Volkswagen AG, denied on Thursday a report that its chief executive officer was interested in buying a stake in Tesla in order…