Oil prices surged early on…
The air pollution problem is…
The London Metal Exchange's ban…
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…
Crude oil production at Sharara, Libya’s biggest oil field, was briefly suspended after the pipeline that feeds the crude from the field to the Zawiya terminal was blocked. That’s what…
Nature magazine’s new study says Saudi Arabian oilfields are amongst the lowest carbon emitters on the planet, according to the Houston Chronicle. Venezuelan fields took the opposite aplomb, with…
France’s oil major Total is boosting its upstream Libyan operations by acquiring the 16.33-percent stake of the Waha oil concessions held by U.S. Marathon Oil Corporation for US$450 million…
The Trump administration announced new tariffs on imported steel and aluminum on Thursday, despite resistance from the United States oil industry, Republicans leaders in Congress, and key international trading partners,…
Amid freezing temperatures in a Europe-wide cold snap, Ukraine has switched its thermal power plants to fuel oil from natural gas and is closing schools until March 6 in an…
Nigeria’s inefficient refineries are unable to meet domestic fuel demand and have made Nigeria the only OPEC member to import gasoline, according to the managing director of the Nigerian…
A communications professor has slammed a 2017 study that had concluded Exxon knew about the effects of the oil and gas industry on the environment and did nothing about it.…
The Philippines’ government is in talks with an unnamed state Chinese oil company to discuss the opportunities for joint oil and gas exploration in the South China Sea. Earlier…
Canada’s largest heavy oil and gas producer announced that it would slow output due to steep discounts caused by low transportation capacity out of Alberta, according to a new report…
PetroChina Co. is now a regular buyer of Libyan oil, according to a new contract signed by the Chinese state-run company and the Libyan National Oil Company (NOC). Royal Dutch…
A perfect storm of the ‘Beast from the East’ blizzard and Storm Emma from the Atlantic onto the southwest—coupled with freezing weather-related outages in gas imports—have prompted UK’s National Grid…
Just hours after an arbitration court ruled in favor of Naftogaz in a long-running payment dispute between the Ukrainian state company and Russia’s Gazprom, a fresh gas dispute flared…
Brazil’s state-controlled oil company Petróleo Brasileiro said on Thursday that a U.S. court had granted a preliminary approval to the US$3-billion agreement to settle a U.S. class action lawsuit…
Chinese authorities are investigating the chief executive of CEFC China Energy, Ye Jianming, on suspicion of economic crimes, an unnamed source told Reuters. The information also appeared in Chinese…
The Stockholm arbitration court ruled in favor of Naftogaz in a long-running payment dispute between the Ukrainian state company and Russia’s Gazprom. Gazprom has been obliged to pay Naftogaz