The U.S. has reimposed sanctions…
The South Caucasus region faces…
Tesla is laying off over…
Mexico aims to squeeze in another oil and gas lease auction by the end of this year in an attempt to finalize a growing roster of drilling deals before a…
ExxonMobil aims to more than double its earnings to $31 billion by 2025 at today’s oil prices, with an aggressive growth strategy that includes double-digit rates of return in all…
Russia sees no reason to join OPEC, but the need to continue the OPEC/non-OPEC cooperation in some form after the production cuts end is obvious, Russia’s first deputy minister…
Chad, Congo, and Malaysia are all lining up to join OPEC, Gabriel Mbaga Obiang Lima, the energy minister of the cartel’s newest member Equatorial Guinea, told Russian outlet Sputnik…
Hong Kong is emerging as the frontrunner for Aramco’s international listing, unnamed sources familiar with developments around the IPO of the century told Reuters. New York and London were…
Three years of market downturn has caused oil producers to become accustomed to barrel price volatility, according to a new report by S&P Global Platts. "We've just decided to…
The American Petroleum Institute (API) reported a huge build of 5.661 million barrels of United States crude oil inventories for the week ending March 2, according to the API data.…
Chevron expects its 2018 net production to grow by between 4 percent and 7 percent at oil prices at $60 a barrel, the U.S. oil supermajor said in its…
Indonesia has scrapped a total of 186 energy regulations and permit requirements, hoping to make its energy sector more attractive as it seeks to lure as much as US$50…
Saudi Arabia’s former oil minister, Ali al-Naimi, is not worried about demand forecasts that suggest OPEC may have a hard time keeping prices high enough for everyone’s comfort thanks…
The first lease sale in the Arctic National Wildlife Refuge could take place as early as next year, Senator Dan Sullivan from Alaska said at CERAWeek. Officials from the Interior…
While it is getting ready to host the initial public offering of Saudi Aramco in what could be the world’s biggest IPO in history, Saudi Arabia’s stock exchange is looking…
South Sudan’s government has been using cash from the national oil company to pay militias to commit attacks on civilians, according to activists making allegations in an interview. South…
A new oil tanker commissioned by Japan to carry fuel to Okinawa will fight a growing Chinese presence in the East China Sea, according to sources familiar with the…
Offshore oil and gas blocks in Greece are catching the attention of the likes of Total, ExxonMobil, and Repsol, according to a new report by Reuters. Exxon, Total, and…
A legal opinion by the Council of the European Union has rejected a proposal by the European Commission to extend EU-wide gas rules to offshore pipelines, dealing a blow to…
Russian oil giant Rosneft could be the key in the talks between the Iraqi government and Kurdistan for the full resumption of oil exports from the semi-autonomous region, Reuters
The U.S. Navy has increased its Mediterranean fleet, just a couple of weeks before Exxon is due to send two surveying vessels to explore offshore Cyprus near the area where…
Rystad Energy estimates that liquid resources from mature assets grew 151 billion barrels over the last four years, which is almost 17 percent more than the amount produced in those…
Russia’s Energy Minister Alexander Novak has said that Russian natural gas deliveries to the European Union remain reliable despite the fresh dispute between Russia’s Gazprom and the gas company of…