The total number of active…
British multinational oil & gas…
Chinese leader Xi Jinping's upcoming…
India’s oil imports from Iran increased by some 5 percent between March 2018 and March 2019 compared to the previous fiscal year through March 2018, because Indian refiners rushed…
Just a week after the United States levied additional sanctions on Venezuela in an effort to curb its oil exports, the US has again hit shipping companies doing business…
Protests in Algeria continued on Friday, more than a week after Algeria’s president of 20 years, Abdelaziz Bouteflika, stepped down from the top office, with protesters angered at the…
Libya’s oil production is under threat from renewed fighting between warring armed groups and the situation could become as bad as it was during the 2011 civil war, the National…
European refiners are switching to Russian sour grades as U.S. sanctions have shrunk Venezuela’s similar-grade exports, Reuters reports, adding that the Russian sour crude is getting increasingly expensive. Citing…
ExxonMobil has raised concerns that part of the crude oil it bought from the U.S. Strategic Petroleum Reserve (SPR) last year contained very high levels of the toxic hydrogen sulfide—the…
Venezuela has sent 1 million barrels of crude to Cuba despite pressure from the United States to suspend these shipments, Reuters reports citing a PDVSA document as well as…
North Korea is making its move into the renewable and other alternative energy business, according to a CNBC report. North Korea, which has suffered under the weight of sanctions that…
The future of Algeria’s oil industry was called into question earlier this week as its political crisis took hold, and now its future is even more suspect, as its state-run…
Tesla and Panasonic have suspended plans to expand the battery capacity production of Gigafactory 1 in Nevada amid concerns that demand for Tesla’s electric vehicles may be weakening, business news…
The number of active oil and gas producing companies in Western Canada declined by nearly 17.5 percent between December 2014, when oil prices were already crashing, and December 2018, a…
Shell has sold its 22.45-percent interest in the Anadarko-operated Caesar-Tonga field in the U.S. section of the Gulf of Mexico to Israeli Delek Group for US$965 million. Besides the…
Crude oil demand could begin declining steadily from 2025 onwards if governments and industries get serious about tackling climate change and reducing emissions, asset manager Legal and General Investment Management…
US natural gas-fired combined-cycle capacity overtook coal-fired capacity in 2018, the US Energy Information Administration reported on Wednesday. In the United States, natural gas-fired combined-cycle (NGCC) capacity has increased…
After seeing significant interest with an unprecedented $100 billion in orders on Tuesday, Aramco’s bond saw but mild upward moves on Wednesday, its first day out of the gate.…
OPEC and its allies in the production cut deal are committed to rebalancing the market and will not repeat last year’s preemptive production increase to offset expectations of oil…
The U.S. Department of Energy (DoE) believes that more natural gas-powered capacity will be in the best interest of recovering Puerto Rico’s power grid, Bruce Walker, Assistant Secretary at the…
Norway’s Equinor is pushing back the start-up of a major heavy oil field offshore the UK to the second half of this year in order to check all electrical…
The National Assembly of Venezuela—dominated by the opposition—has authorized the parallel opposition-elected board of state oil firm PDVSA to negotiate the company’s foreign debts, including whether to make later…
"Today, a very large meeting of terrorist groups and armed groups took place in Sirte, we know who they belong to. They have a plan proposed at the meeting to attack the Oil Crescent",…