Armenia and Azerbaijan continue their…
Insiders reveal that ADNOC is…
The air pollution problem is…
Angola’s new President Joao Lourenco continues with reforms aimed at reversing the country’s oil production decline, by creating an agency that will sell and manage oil blocks instead of…
German company ADL and Iran’s Sepahan Oil Company (SOC) have signed an agreement to cooperate in technology transfer in oil and gas industry lubricants, Iranian media report. European embassies…
A cheaper rupee could increase India’s crude oil bill by as much as US$26 billion in FY 2018/19, according to Indian government officials. The currency hit a low of…
China Gas plans to increase its annual imports of liquefied petroleum gas from 2.8 million tons to 10 million tons during the next five years as it enters the petrochemicals…
The Iraqi Oil Ministry has banned the use of Kurdish words in official documents, threatening Kurdish employees with lawsuits if they violate the ban, Kurdish media report, citing a…
Tullow’s TEN oilfield will reach full capacity in 2020, according to Tullow’s external affairs director Cynthia Lumor, cited by Reuters. Tullow’s current capacity in TEN (Tweneboa, Enyenra, and Ntomme)…
The latest US auction for offshore leases failed to attract as much interest as many had hoped, with the results mildly superior to the previous auction for offshore leases conducted…
Chinese refiners may have been relieved by Beijing’s decision to remove U.S. crude oil from the list of goods in the latest tariff tit-for-tat with the United States, but…
Iran’s Oil Minister Bijan Zanganeh will attend the September meeting of the Joint Ministerial Monitoring Committee of OPEC and Russia and will probably press his OPEC partners to preserve original…
Iraq and Turkey must reach a deal with the Kurdistan Regional Government (KRG) first in order to export oil from the Kirkuk fields in northern Iraq via Turkey, Kurdish officials…
Diamondback Energy will buy Energen in all-stock transaction valued at around US$9.2 billion, which will create the third-largest pure play Permian company in terms of production, Diamondback said in…
China’s Sinochem is in advanced talks with state energy giant PetroChina to transfer its stake in an indebted refinery, as the state-run chemicals and oil group looks to sell non-core…
Tesla and more specifically its chief executive Elon Musk are facing three lawsuits over an already notorious tweet by Musk, in which the CEO said he was planning to take…
The American Petroleum Institute (API) reported a surprise crude oil inventory build of 3.66 million barrels of United States crude oil inventories for the week ending August 11, compared to…
In its latest ‘resource nationalization’ push, Indonesia’s government is drafting a new regulation that will require all oil contractors to sell their crude oil production to state-held energy firm…
Higher output at state-held refiners boosted China’s oil refining production by 11.6 percent annually in July, but the output was slightly down compared to June as small independent refiners…
Weak demand in China and weakening structure of the Dubai oil futures market have sent the premium for Russia’s Far East ESPO Blend crude grade to the Middle Eastern…
Prices at the pump in Venezuela will soon catch up with world market ones as the government seeks ways to tackle rampant fuel smuggling that, according to president Nicolas Maduro,…
Goldman Sachs and Silver Lake are the financial advisors to Tesla on chief executive Elon Musk’s plan to take the company private, he said in a tweet. The tweet…
Venezuela’s state-owned oil company PDVSA will start using the local cryptocurrency El Petro for all its transactions on August 20, President Nicolas Maduro said, as quoted by Sputnik. The…