President Donald Trump is considering a delay in the introduction of a plan for the expansion of oil and gas drilling in federal waters until after the 2020 elections, Bloomberg…
Iraq will play a crucial part in meeting global oil demand over the next decade, according to a new report from the International Energy Agency (IEA). Iraq is expected…
Countries in the Middle East and North Africa (MENA) region have a total of US$1 trillion in committed and planned investments in the energy sector over the next five years…
Following the news that Chevron had agreed to pay a nearly 40 percent premium to acquire Anadarko Petroleum, investors quickly bid up the shares of other potential acquisition targets. As…
The president of the United States may remove a 1920 piece of legislation that bans any non-U.S. vessels from moving any cargo between two U.S. ports. The reason: an imbalance…
Global oil markets are still adjusting to President Trump’s decision on Monday to not extend the 180-day waiver for Iranian oil imports to the country’s eight largest customers. On…
The Trump administration has done its best to promote coal, oil and gas at the federal level, but individual U.S. states continue to step up their ambition on renewable energy.…
Entrepreneurs in California were pioneers of the American oil industry in the 19th and the beginning of the 20th century. One of the oldest still producing oil fields in the…
For better or for worse, oil is the lifeblood of the global economy, with the commodity being the single most important energy source. And while the developed economies are its…
The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million barrels per day…
2018 was a terrible year for commodities, but few sectors fared as badly as lithium. The crucial battery metal, also known as “White petroleum”, struggled through a 50 percent…
Oil prices took a breather mid-week after the U.S. saw a larger than expected increase in crude inventories. The market is still heading in a bullish direction, but the path…
Iran is leading a new bloc, with Turkey and Qatar, intent on remaking the greater Middle East. The Iranian leadership recognizes that this drive might lead to a regional war…
Things are starting to look good financially for Saudi Arabia again - very good. The de facto OPEC leader and world’s largest oil exporter said today it posted a…
By combining an unorthodox solvent and a genetically engineered bacterium, a team of researchers at Worcester Polytechnic Institute (WPI) in Worcester, Massachusetts has discovered a groundbreaking method for producing biofuels…
Oil prices have rallied more than 2 percent this week after the Trump Administration canceled the waivers given to major consumers of Iranian oil - including both China and India…
The construction of Nord Stream 2 is nearing its logical conclusion – a grand standoff, in the first move of which the Council of the European Union adopted the amended…
The price jump evidenced during the last weeks was blasted through the ceiling with the White House announcing it does not intend to renew waivers to buyers of Iranian crude.…
Washington’s announcement that it will not extend its sanctions waivers for key importers of Iranian oil - China, India, Turkey, Japan and South Korea - raises the geopolitical stakes in…
Sources - OP boots on the ground in Libya - Western diplomat in Algeria Billionaires Fall in Algeria: Here’s Why Sonatrach Is Less Worried Than Others Algeria’s clientelist patronage system…