Africa’s biggest oil producer, Nigeria,…
The U.S. supermajors are doubling…
Texas is witnessing a fresh oil boom with June production hitting 4.3 million bpd, all thanks to two things: efficiency improvements and, of course, oil prices. But not everyone is…
Iraq’s security troops have dispersed two sit-ins in southern Iraq, one at a key oil field, local media report. The field is West Qurna-1, one of the biggest in…
Aramco is unlikely to suspend West-bound crude oil exports after the Houthi missile attacks against two Saudi tankers in the Bab el Mandeb strait, The National reports citing oil…
The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it’s fueling a subculture of drug and alcohol abuse among oil field workers. The Permian…
The shale industry is on the verge of becoming profitable…for the first time. “Higher prices and operational improvements are putting the US shale sector on track to achieve positive free…
The prices of crude oil and natural gas liquids are much higher than they were a year ago and the outlook for natural gas prices has improved. However, dozens of…
In the previous article, Asia’s Insatiable Oil Demand, I covered global and regional oil consumption numbers according to the recently-released 2018 BP Statistical Review of World Energy. To…
The global oil market is once again in flux as geopolitics and regional conflicts take an increasingly heavy toll on oil supplies. Since the OPEC meeting in Vienna, warning signs…
Saudi Arabia halted crude oil and oil product shipments via the Bab el Mandeb chokepoint in the Red Sea after a Houthi attack on two Saudi tankers near the port…
China National Petroleum Corporation (CNPC) will invest the equivalent of more than US$22 billion by 2020 on boosting its oil and gas production in the western region of Xinjiang…
A day after the American Petroleum Institute pushed prices up by surprising the market with a draw across the crude oil and fuels inventory board, the Energy Information Administration…
There’s a good chance that a ballot initiative to significantly expand the buffer zones between oil and gas wells and homes and other buildings could be up for voting by…
The world’s largest gas importer is also home to the world’s largest reserves of shale gas—gas that is just sitting there, at least for now. China has been struggling to…
In its effort to wrest more control over global oil markets away from foreign producers, Congress has been pushing a bill that would let the U.S. sue OPEC for oil…
Sri Lanka will pay down its oil debt held by Iran with tea in response to new regulations that Sri Lanka has issued in order to comply with a UN…
Oil markets have shown tremendous weakness in recent days, losing nearly seven dollars before rallying back a bit on Thursday. What’s causing it? Market analysts have been struggling to find…
UK C&C It was expected by many, me included but more importantly UKOGA and a couple of the bigger oil and gas consultancies, that UK offshore oil production would increase…
Britain’s largest workers union, Unite the Union, threatened strike action on Equinor’s Mariner oil platform, the union said on Friday, and yet another strike on Total’s North Sea fields is…
The rise in oil prices has resulted in relentless drilling and booming production in the U.S. shale plays, and the Permian in West Texas is attracting the most drillers, analysts,…
After the recent visits of North Korean leader Kim Jong-un to China, Beijing has almost doubled the volume of crude oil pipeline shipments to North Korea, South Korea’s newspaper Chosun…