Oil bulls have a narrow…
Bolivia's state-owned oil and gas…
Libya lifts force majeure at ZueitinaThe Libyan National Oil Corp. announced it lifted a legal clause that absolved it from meeting contractual obligations at the eastern oil…
First-quarter earnings reports are in and the world’s biggest oil companies are reporting mixed results.ExxonMobil, the largest producer of natural gas in the U.S., reported quarterly earnings…
Kazakhstan’s political elites are coming under enormous pressure, as the government – in power since the country declared independence in 1990 – faces yet another obstacle in the development of…
Crude oil stockpiles in the United States are at record levels and, with no place to go, oil inventories may continue to build because of the accelerating rate of production…
Delays Ahead for Mexico Energy ReformsImplementation of Mexico’s much-awaited sweeping energy reforms is likely to be delayed as lawmakers grapple with secondary legislation that is trying to make…
Gazprom sent its first shipment of oil from its controversial Russian Arctic offshore platform on April 18, a landmark event that Russian President Vladimir Putin said would contribute to economic…
Environmental advocacy groups put Canadian oil sands on the same footing as a weapon of mass destruction. With limited trade options on hand, provincial leaders are now trying to recast…
The surge in U.S. oil production in 2010 has left a glut of oil trapped within the United States. To be sure, the U.S. is by far the largest consumer…
Iranian Oil Minister Bijan Zanganeh said oil production from the Islamic republic could increase even with harsh economic sanctions in place. In late December, Tehran said it would pump as…
A lack of pipeline infrastructure in Northern Plains states is unlikely to slow oil production, analysis finds. The sector could be constrained, however, amid national and international concerns about the…
Russia and Iran are moving closer to a $20 billion oil-for-goods deal launched earlier this year, according to a Reuters report citing unnamed sources close to the deal.
US overall crude oil production has reached more than 10% of the world’s total production, up from 9% in the fourth quarter of 2012, according to a new report…
The U.S. Energy Department said imports from OPEC increased year-on-year, with Saudi Arabia accounting for the bulk of additional oil. While oil production from the United States has increased, the…
The Insider’s weekly run-down of critical figures and happenings from around the energy world.76.2%. Year-on-year increase in Chinese LNG imports during January. With shipments into the country totaling…
Could the U.S. unleash a flood of oil from the strategic petroleum reserve that would drive down prices in order to punish Russia? While the idea has been kicked around…
Just weeks after the US announced its first test sale of crude oil from strategic reserves since 1990, billionaire philanthropist George Soros is lobbying for the release of more reserves…
German energy company Wintershall said last week it was optimistic about the prospects of a return to Libya. Tripoli, however, is once again asking for international help with security issues.…
Following the popular uprising that saw the overthrow of the country’s dictator, Libya had everything going for it. Or so many Libyans thought.It had the natural resources to…
Record-setting levels of U.S. oil production have sparked calls from industry officials and policymakers to reverse a 1970s ban on crude oil exports. Dissent, however, is emerging from inside the…
Over a month after Nigerian President Goodluck Jonathan suspended the country’s Central Bank governor after he blew the whistle on $20 billion in oil money allegedly missing from state…