Sanctions on Russian copper, aluminum,…
The UK economy is primed…
UK firms plan to invest…
Almost half of oil and gas industry professionals around the world see a potential skills shortage as the biggest worry in their sector, according to the Global Energy Talent Index…
New York Mercantile Exchange nearest delivered oil futures and Brent crude on the Intercontinental Exchange traded sharply lower at the start of a new business week amid growing concerns that…
New investments in oil and gas production and refining in the Middle East and Africa region fell by 32 percent last year to US$41 billion, according to the latest annual…
The National Energy Board of Canada has approved preliminary, land-clearing work for TransCanada’s Keystone XL oil pipeline, CBC reports, noting that the approval came following a request by the…
France’s Total will officially endorse a decision to proceed with the development of a new project offshore Nigeria, the Ikike project, Patrick Pouyanné, the chief executive of the oil and…
Saudi Arabia’s crude oil exports jumped by 534,000 bpd month on month in November to 8.24 million bpd—the highest level in years as the Kingdom moved to offset supply losses…
The International Atomic Energy Agency (IAEA) has verified several times that Iran is sticking to its commitments in the nuclear deal, and so should all other signatories to the pact,…
Tesla expects to begin deliveries of its Model 3 to Europe in February, after having received permission to sell the model in the Netherlands. The Dutch vehicle authority RDW…
Japan has resumed purchases of Iranian crude oil, the governor of the central bank of Iran told state news agency IRNA, Reuters reports. “After China, South Korea, India and Turkey,…
Chinese crude oil refineries processed an average 12.07 million barrels of oil daily in 2018, up by 6.8 percent on the year and the highest daily processing rate on record,…
A gasoline pipeline in central Mexico that exploded on Friday has killed more than 80 people to date, media report. The initial death toll was a lot lower, but the…
Chinese independent refiners—commonly known as teapots—are not expected to be heavily impacted by restrictions on production, blending, and sales of oil products that the Shandong province, home to most independent…
Eastern Libyan forces, who launched earlier this week a military operation in Libya’s south to fight extremists and secure oil facilities, have killed a senior operative for Al Qaeda,…
Tesla said on Friday that it would reduce full-time employee headcount by around 7 percent, aiming to cut costs as it looks to start delivering lower-priced variants of its…
Saudi Arabia plans to build an oil refinery that would use Saudi crude, as well as a petrochemical plant in South Africa, as part of US$10 billion investments, Saudi Energy…
China’s largest crude oil refiner, Sinopec, has offered US$3 billion to Iran’s state oil company, NIOC, to jointly expand the development of a major field in Iran, the Wall Street…
China’s CNOOC will seek to boost its crude oil reserve base and increase the number of new exploration projects it is involved in twofold over the next seven years, Reuters…
The industry achieved a net production increase of 164 billion cubic metres (bcm), which represents the highest production growth since 2010, according to research by Rystad Energy. “Year-on-year growth was…
The United States is unlikely to entirely remove waivers for Iran sanctions it granted to eight large importers of the commodity in November, according to analysts, as quoted by…
Clean energy solutions are not moving fast enough to meet the UN targets for curbing the effects of global warming, and alternative energies are unlikely to meet those targets without…