After another bout of intensive…
Master limited partnerships (MLPs) were…
Gold has outperformed the S&P…
Aramco is planning to spend some US$16 billion on contracts with small and medium-sized enterprises in a bid to expand cooperation with this segment of the economy, Reuters reports,
A senior Russian official has suggested Russia will press for an end of the OPEC+ production cuts after the end of June when the original agreement expires, Reuters reports.…
In a major policy shift during the weekend, Norway’s Labor Party—a long-time ally of the oil industry and the biggest party that is currently in opposition—said it would no…
Oil products output at Europe’s largest oil refinery—Shell’s 404,000-bpd Pernis refinery in the Netherlands—will be reduced after workers started a strike on Monday, demanding higher wages. “There will…
“The Ministry of Energy, Industry and Mineral Resources affirmed today that recently circulated claims that the Kingdom of Saudi Arabia is threatening to sell its oil in currencies other than…
Vice President Mike Pence announced that the United States will add 34 PDVSA owned or operated vessels to the sanctions list on Friday, according to Reuters. The announcement came…
Weeks after Norway’s government proposed that the country’s US$1-trillion fund divest from pure exploration and production oil companies, the cabinet said on Friday that it will allow the world’s…
Shell and Japan’s Tokyo Gas Co Ltd have signed a long-term liquefied natural gas (LNG) deal, whose price will include a link to coal prices, in an innovative type…
Nigeria’s Petroleum Minister Emmanuel Ibe Kachikwu has said that he isn’t aware of any plans of U.S. oil and gas supermajor ExxonMobil to exit upstream operations in OPEC’s African…
Brent Crude prices are expected to average $62.50 a barrel next year, down from $65 this year as slowing global economic growth could impact oil demand growth, Dmitry Marinchenko, senior…
Venezuelan PDVSA expects a sharp decline in oil production this month with the four upgraders operating in the country running a lot lower than capacity, Reuters reports citing company…
A New York District Judge ordered the Securities and Exchange Commission and Elon Musk to settle their differences regarding a tweet by the Tesla CEO out of court. “Take…
Chevron Canada has emerged victorious from a bitter battle over a decades-old court case in which thousands of Ecuadorian residents collectively sued Chevron for alleged water and soil contamination. The…
While Tesla was working hard to ramp up production of Model 3, the EV maker faced challenges in deliveries and its total vehicle deliveries in the first quarter slumped by…
The total value of oil and gas mergers and acquisitions (M&A) deals in the U.S. in the first quarter slumped to its lowest level in ten years as the deals…
Tanzania’s government will start this month talks with major international firms to define the commercial terms for a deepwater liquefied natural gas (LNG) project off the coast of the…
French oil and gas supermajor Total aims to capture more of the growing Chinese battery and liquefied natural gas (LNG) markets and has just struck two separate deals to gain…
Nigeria’s Petroleum Minister Emmanuel Ibe Kachikwu admitted that reducing oil production to the quota assigned by OPEC is a challenge, not least because of the start of production at the…
Gender bias could have a link to climate change, a new study has suggested, with men who perceive their masculinity as threatened by a certain choice more likely to respond…
Two South Korean refiners have bought an unspecified amount of U.S. superlight to test it as a potential replacement for Iranian condensate, Reuters reports, citing sources. The country is…