Oil prices are set to…
India sets a new record…
Four projects were planned offshore…
China’s investigation into CEFC started after the Chinese conglomerate had already paid a first tranche of its US$9-billion acquisition of 14 percent in Russian oil giant Rosneft, suspending the deal…
Intensive oil and gas drilling in the Permian is causing a large swath of West Texas to sink and uplift, a new study by the Southern Methodist University, Dallas,…
All oil and gas facilities, plants, and refineries in Saudi Arabia are operating normally, the state oil giant Saudi Aramco said on Thursday, after the Yemeni Houthi movement said…
Countering recent media reports that Aramco will shelve its international listing and instead focus just on local exchange Tadawul, Saudi Arabia’s Finance Minister Mohammed al-Jadaan told Bloomberg in…
U.S. sanctions on oil entities of South Sudan are counterproductive to efforts to bring stability and peace in the country, South Sudan’s Ministry of Petroleum said on Thursday, a…
Canada’s Federal Court of Appeals is soon due to rule on a lawsuit against Kinder Morgan’s expansion project for the Trans Mountain oil pipeline, possibly ending a saga comparable to…
After three flat years global carbon emissions, carbon emissions are now on the rise again, hitting the highest ever at 32.5 gigatons. This was a 1.4-percent annual increase, the International…
The Interior Department’s U.S. Gulf of Mexico Lease Sale 250 attracted $139 million in bids concentrated in deepwater offshore Louisiana and others areas near the Mexican border, according to a…
U.S. District Judge William Alsup is inviting oil and gas companies and climate scientists to present the best available knowledge on climate change in his courtroom, according to a new…
Iran has drastically cut its gasoline imports in recent weeks as it started the second phase of an oil refinery, moving closer to reaching gasoline independence, Reuters reported on…
OPEC member Kuwait is looking to attract increasing amounts of foreign direct investment as it plans to diversify its oil-dependent economy and regain the status of a business hub in…
The Power of Siberia natural gas pipeline from Russia to China is 75.5 percent complete, Russia’s gas giant Gazprom said on Wednesday, updating the market on the project that…
BP will begin drilling for oil in a Mexican deepwater offshore block in two years, after its drilling plan was approved by Mexico’s oil and gas regulator, the National…
A new U.S. military base has been built at the al-Omar oilfield in southeastern Deir Ezzor in Syria to support combat against the Syrian military, according to a new
The Macquarie Group Ltd. is financing a bid on Petrobras assets using financial assistance from Bank of America and Banco Bradesco, according to a new report by Bloomberg. The…
The American Petroleum Institute (API) reported a surprise draw of 2.739 million barrels of United States crude oil inventories for the week ending March 16, according to the API data.…
Forgiveness is a precious gift from investors—for as long as it lasts, but with Tesla shares down almost 7 percent over the past week and Goldman Sachs reiterating a…
The U.S. Department of the Interior is auctioning on Tuesday, March 20, a total of 43 parcels in southeast Utah for oil and gas development, despite protests from environmentalists…
Several Chinese independent oil refiners, commonly known as ‘teapots’, are getting ready to start buying ethanol and blend it with their fuel to meet China’s regulation that says by 2020,…
CEFC China Energy Co. has announced that it is abandoning its plans to acquire 50 percent in Czech-Slovak holding J&T Finance Group. This is the latest from an energy company…