Africa’s biggest oil producer, Nigeria,…
When the illusion of unending…
Arab states, including Jordan, Saudi…
Poland has shut down the flow of Russian crude oil via the Druzhba pipeline after traces of contamination were found, Reuters reports. An earlier report that Germany had…
Nigerian firm Aiteo Oil Exploration and Production Company, has discovered that sabotage was the cause of the fire that caused Nigeria’s oil production to fall 8% per day, creating…
Disputed Venezuelan President Nicolas Maduro has publicly criticized the “theft” of its state-owned and US-based refining operations, Citgo, in a radio broadcast on Tuesday, adding that those responsible of this…
Per shareholder prodding, Equinor will review its existing climate targets through 2030, and will come up with new ones for 2030 and beyond, and will tie executive and employee…
Ford Motor Company is investing US$500 million in Rivian, an electric vehicle (EV) developer which is considered to be a potential future rival to Tesla. Ford, one of Detroit’s Big…
Cenovus Energy, the first major Canadian oil firm to report Q1 figures and one of the early proponents of a production curtailment in Alberta, said on Wednesday that the…
The future of Algeria’s energy industry just got a little more murky as the interim president of the country fired the chief executive of Sonatrach and replaced him with the…
The federal government of Canada will announce its final decision on the Trans Mountain pipeline expansion project in mid-June, Finance Minister Marc Garneau told media. Interestingly, the decision may be…
OPEC’s spare capacity has reached 3.3 million barrels per day, according to an International Energy Agency (IEA) statement on the global oil markets released on Tuesday. “As a result…
The American Petroleum Institute (API) reported a build in crude oil inventory of 6.86 million barrels for the week ending April 19, coming in over analyst expectations of a
Mock headstones for President Vladimir Putin are the latest signal that Russian citizens are unhappy with this year’s tax hikes, according to Meduza,, with Putin’s polling numbers taking…
Apache Corporation said on Tuesday that it had temporarily started to delay natural gas production at its Alpine High play in the Permian in late March to mitigate the…
Egypt is set to announce on April 27 whether President Abdel-Fattah el-Sisi can extend his term in office from 2022 to 2030 under constitutional changes put to a controversial…
Tesla’s chief executive Elon Musk expects the electric vehicle (EV) maker to have robotaxis as early as next year, the manager said at the Tesla Autonomy Investor Day on…
Exxon has inked a contract with Chinese Zhejiang Energy for the supply of 1 million tons of liquefied natural gas annually, the supermajor said, adding the Chinese company will…
Chinese Unipec, the trading arm of state oil giant Sinopec, will this week receive the first cargo of U.S. crude since shipments were suspended last September, Reuters reports, citing…
The United States will not be dipping into its Strategic Petroleum Reserves (SPR) to calm unsettled markets today, according to S&P Global Platts sources who were commenting about rising…
The US Coast Guard identified a potential chokepoint in the Bering Strait thanks to increased oil and gas shipments, a new report showed on Monday. In a rather imperfect…
Halliburton Company expects total global offshore spending to jump 14 percent this year, one of the world’s largest oilfield service providers said on Monday as it announced its Q1…
India will add 12 nuclear power stations to its lineup to shore up its power supply situation, the Department of Atomic Energy (DAE) said on Monday, according to The…