Following a rally in energy…
Crude oil prices moved lower…
In case of further escalation,…
India is an investment priority for Saudi Aramco, the chief executive of the Saudi oil giant Amin Nasser said on Wednesday in New Delhi, noting that Aramco is in…
Commonwealth LNG has struck purchase commitments with European clients for almost half the annual capacity of its liquefaction plant in Louisiana, Reuters reports, quoting chief executive Paul Varello. The…
Alberta has increased its bet on oil-by-rail transportation in the absence of new pipeline projects moving ahead, and will now lease 4,400 new rail cars to move more of its…
TransCanada has restarted a section of its Keystone oil pipeline that was shut down after a leak of about 43 barrels of crude occurred in Missouri earlier this month, Reuters…
Iranian crude oil exports in January were higher than expected, while February shipments so far have been holding steady or even higher compared to last month, as several of Iran’s…
The fate of a proposed mega refinery and petrochemical complex in India worth US$44 billion and involving the national oil companies of Saudi Arabia and the UAE could depend…
TransCanada has applied with the National Energy Board of Canada for permission to start transporting natural gas from the west of the country to New Brunswick in the east, using…
Citgo, the U.S. unit of Venezuela’s PDVSA, has removed from their positions four top executives as the battle for control over the company between the Maduro government and the opposition,…
Norway’s Equinor plans to start exploratory drilling offshore Australia next year, the company said in the draft environmental plan it released today for public comment as part of efforts…
Tesla has removed all information it had about its Model 3 standard version on its website and some fans of the brand are panicking, Electrek’s Fred Lambert reports. It…
Saudi Arabia’s crude oil exports plunged by nearly 550,000 bpd to 7.687 million bpd in December 2019, down from a two-year high in November, as the Kingdom started to…
OPEC’s production cuts and the U.S. sanctions on Venezuela and Iran have been limiting the availability of heavy and sour crude grades to Europe, where prices for heavier grades have…
Engineers from Scotland and Italy have developed a new wave energy technology that could generate low-cost electricity for thousands of homes. Engineers from the University of Edinburgh and from…
Iran has launched the third phase of a new refinery, making the country self-sufficient in gasoline production, Iranian Oil Minister Bijan Zangeneh said on Monday. At the opening ceremony…
An Austrian natural gas expert has warned Washington and Kremlin they have to set their priorities straight and focus their efforts on reducing the world’s carbon emissions rather than growing…
Russia’s gas giant Gazprom will begin natural gas deliveries to China via the Power of Siberia pipeline ahead of schedule, as early as December 1, 2019, Alexey Miller, Chairman of…
Indian Oil Corp., the country’s largest oil refiner, has signed its first annual contract for deliveries of crude oil from the United States, Reuters reports, citing a statement by…
Gazprombank has reportedly frozen accounts held by Venezuela’s state oil company PDVSA and has stopped conducting transactions involving these accounts on concern of getting penalized under the latest round of…
Kenya broke diplomatic relations with neighbor Somalia after a row over several oil and gas blocks escalated into an open conflict, media report, adding Nairobi expelled the Somali ambassador…
Mexico will support Pemex by injecting US$3.6 billion into the debt-laden state-held oil firm, including by refinancing debt and cutting taxes, Mexican officials said on Friday. The Mexican government,…