Energy experts and environmentalists express…
Canada faces an escalating threat…
Despite a wave of financial adversity that has tormented US onshore E&P companies lately, Rystad Energy does not view this as a harbinger of doom for the…
Saudi Aramco has restored Saudi Arabia’s oil production capacity to 11.3 million bpd—the level before the attacks on oil facilities ten days ago, Reuters reported on Wednesday, citing three…
Aramco is considering the offer of not 5 but 10 percent of its stock in the much-hyped initial public offering that has been delayed several times already. The Wall Street…
Even if Saudi Arabia’s claim about how swiftly it will recover from the recent attack on its oil infrastructure can be believed – which it cannot – the Houthi/Iran…
West Texas’ Permian Basin has had a rough year. Investors have been pulling away from the once-gushing Permian Basin after a year of diminishing returns and performing under expectations. Last…
Saudi Arabia’s comments about its hydrocarbons industry have long been regarded by industry experts as being as believable as China’s comments about its economic growth: that is, not at all.…
Apart from the slowdown in global oil demand resulting from slowing economies and the U.S.-China trade war, another threat to oil demand may be lurking for oil markets over the…
The total value of Russia's oil reserves is estimated at $1.2 trillion, nearly doubling the valuation over the course of a single year, Moscow's Ministry of Natural Resources and…
Saudi Arabia’s oil giant Aramco is not looking to buy crude oil from Iraq’s state oil marketing firm, people familiar with the operations of the two companies told Bloomberg…
It’s the news of the month: Saudi Arabia’s oil industry was attacked and prices jumped as everyone worried about supply security just days after the latest reports warning about…
Oil prices have gyrated this week on conflicting reports and predictions regarding the restoration of operations at the damaged Abqaiq processing facility in Saudi Arabia. The largest…
China and Russia are sewing up whatever oil and gas fields and accompanying infrastructure that they can in Iran and Iraq, as Iraq tries to markedly up the pace of…
A sliver of news from Iraq passed almost unnoticed by global media last week: Stroytransgaz has signed a preliminary contract with the oil ministry in Baghdad for oil and gas…
Saudi Arabia’s disrupted oil production may last longer than originally thought, Amrita Sen, chief oil analyst at Energy Aspects Ltd., told Bloomberg on Monday, with full resumption of oil…
OPEC has sufficient spare capacity to respond to supply shortages after this weekend’s attacks on oil infrastructure that took more than half of Saudi Arabia’s oil production offline, Suhail…
Lower oil prices will push the global service market into a recession in 2020 after three successive years of growth, according to Rystad Energy. In a new…
OPEC and its partners will not deepen their oil production cut yet but will discuss the topic again in December. This is what Saudi Arabia’s newly appointed Energy Minister Abdulaziz…
The economic and financial crisis in Argentina is creating a lot of new headwinds for the country’s aggressive push into the Vaca Muerta shale. A new report says that…
The United States briefly overtook Saudi Arabia as the world’s number one gross oil exporter at one point in June this year, the International Energy Agency (IEA) said on…
After years of improvements in drilling techniques and impressive “efficiency gains,” there is now evidence that the U.S. shale industry is reaching the end of the road…