A group of warships from…
A pick-up in freight activity…
Turkmenistan's Foreign Minister announces an…
Just a couple of weeks after OPEC and its partners agreed to implement another round of production cuts, the cartel is ready to extend these cuts as international prices continue…
Prince Talal bin Abdulaziz, a senior member of the royal family in the world’s top oil exporter Saudi Arabia, who was a supporter of women’s rights, has died at…
Chinese liquefied natural gas (LNG) imports soared by 48.5 percent in November 2018, compared to the same month last year, as China continues to have parts of the country switch…
A court in Paris fined on Friday France’s oil and gas major Total with US$572,330 (500,000 euro) for having bribed public officials in 1997 in exchange for securing oil…
Supermajor BP and partners announced on Friday the final investment decision for the Greater Tortue Ahmeyim liquefied natural gas (LNG) project offshore Senegal and Mauritania in West Africa. The…
The United States has given Iraq a 90-day extension to the initial 45-day waiver allowing Baghdad to continue imports of electricity from Iran after the U.S. sanctions on Tehran returned,…
When Nicolas Maduro is inaugurated for a second six-year term in office next month, Venezuela’s president could sack the Oil Minister and CEO at the state oil firm PDVSA, Manuel…
Australia will likely export more liquefied natural gas in the next financial year—to end-June 2019—after the start of production of three more large-scale facilities offshore during the second half of…
India’s crude oil imports last month totaled 4.2 million tons daily, or 17 million tons for the whole period, which was 11.4 percent lower than the foreign oil intake for…
The U.S. Department of Justice said on Thursday it was charging two Chinese hackers associated with China’s Ministry of State Security with global cyber attacks that aimed to steal…
Just as OPEC and partners will have started the new round of production cuts to reduce oversupply, France’s Total is set to begin exports from the new ultra-deep Egina oil…
ExxonMobil has withdrawn its Canadian liquefied natural gas (LNG) export project WCC from an environmental impact review, effectively meaning that the plan has been shelved. The WCC LNG project,…
Current estimates by the U.S. Energy Information Administration (EIA) show that U.S. crude oil production growth in 2019 should basically offset the new production cut that OPEC and partners…
U.S. oil production will continue to grow at a rapid pace until 2025, while Venezuela’s crude output is set for further declines, Fatih Birol, the Executive Director of the International…
Contrary to initial reports that OPEC will not make public the country quotas in the new production cut deal, the cartel now plans to publish a table of each OPEC…
A panel set up to evaluate the environmental risks of replacing a section of Enbridge’s Line 5 oil pipeline in Michigan has given the project the green light, AP
The Department of Energy has removed a requirement that says U.S. LNG exporters need to report what the final destination of the cargo is in a bid to facilitate greater…
Libya’s largest oil field Sharara will reopen after Prime Minister Fayez al-Sarraj negotiated with the protesters that had blockaded it and agreed to meet their demands, Libyan media report.…
Exxon Mobil managed to get its hands on a financial hardship waiver from the EPA that will allow its Billings Refinery in Montana to escape the wrath of restrictive US…
Demand from Asia and fuel oil refining margins will be the key drivers of price strength of the crude grades in the Atlantic Basin next year, just like they have…