U.S. oil prices surpass $80…
The European Union is considering…
The U.S. upped the ante…
Saudi Arabia may soak up some of Iran’s previous market share on the Indian market as Saudi Aramco is set to ship additional 2 million barrels per month to Indian…
A month before OPEC and allies are set to discuss the future of their production cut deal, the leader of the non-OPEC group, Russia, appears to have finally fallen in…
France’s Total has halted some of the units at its 230,000-bpd Leuna refinery in Germany to conduct technical checks after contaminated Russian crude oil was found to have flown…
Venezuela’s crisis and plunging oil production impact countries in the Caribbean as well, as most people in the poorest nation in the Western hemisphere, Haiti, now have electricity
Another problem has been added to Venezuela’s growing list of woes: gasoline import shortages that have caused lines at gas stations, Reuters reports, adding that local production has slumped…
China has issued a new batch of oil product export quotas and they are 5.3 percent higher than they were this time last year as the country’s refineries return to…
The Saudi-led coalition conducted air strikes on Yemen’s capital Sanaa on Thursday, targeting bases of the Iran-aligned Houthis after the Houthis claimed responsibility for the drone attacks on an oil…
Canada’s Senate Standing Committee on Transportation has voted to defeat the controversial Oil Tanker Moratorium Act that opponents of the bill view as damaging to Canada’s oil industry, according…
For the first time, the Bank of Canada ranks climate change as a key weak spot in the Canadian financial system and economy, as a growing number of governments start…
An “unplanned operational issue” at the Chevron Phillips plant at Baytown, Texas, occurred on Thursday morning, the Houston Chronicle reports, citing company officials and showing photos of thick black…
The Environmental Protection Agency relaxed rules for refiners under the Renewable Fuel Standard at its own discretion before a court ruled in favor of such a relaxation, Reuters reports…
Venezuela has stopped upgrading crude oil as PDVSA finds itself without buyers in the wake of US sanctions, according to sources who spoke to Reuters. Venezuela hasn’t shut down…
Most of the solar cells made at Tesla’s solar factory in Buffalo, New York, are being exported instead of being installed on U.S. homes as originally planned, as Tesla continues…
ExxonMobil is starting to evacuate its engineers working on Iraq’s West Qurna 1 field due to security concerns, according to Al Arabiya. Earlier in the day, S&P Global Platts…
The UK’s goal to maximize oil and gas recovery from the North Sea will harm the country’s Paris Agreement climate goals, a new report by climate campaign groups showed…
The contamination issue with Russian oil pipeline supply will impact European refinery runs to the tune of 250,000 bpd in the second quarter, which is below 2 percent of…
Saudi Aramco restarted pumping oil on Wednesday through the pipeline which was hit by drone attacks on Tuesday, Arab media report. Two pumping stations along Aramco’s East-West oil pipeline…
South Korea imported some 353,000 bpd of Iranian crude last month, up 17 percent on March ahead of the removal of sanction waivers that granted South Korea and another seven…
The American Petroleum Institute (API) reported a large surprise build in crude oil inventory of 8.6 million barrels for the week ending May 10, coming in significantly over analyst expectations…
“The planet’s on fire,” were some of the milder words that Bill Nye The Science Guy used in HBO’s “Last Week Tonight With John Oliver”, to describe his thoughts on…