The Texas energy grid is…
Crude oil prices ticked higher…
Despite renewable energy efforts, the…
One by product of the long-delayed Keystone XL pipeline decision is that rising volumes of Canadian crude, particularly Alberta oil sands, are being refined in the Midwest rather than being…
BRATISLAVA, Slovakia -- Europe, at present the world's largest market and largest economic bloc, is in decline and living standards are in danger. That was the sober message at an…
Russia's Rosneft and Italy’s Eni have announced they will sign an agreement on mutual oil supplies to European refineries. The new agreement comes amid increased cooperation and…
Platts reported some unusual findings last week as part of a new study.Looking at oil versus natural gas drilling in the U.S.The analysts found that since…
As offshore drilling moves into deeper waters, new engineering techniques are needed to cope with temperatures that can hit 150 degrees Celsius, with crushing pressures that can exceed 25,000 pounds…
A major new study finds that methane emissions from the production of shale gas may in fact be higher than previously thought. The study, published in the Proceedings of…
Exxon Mobil Corp. is preparing to sell a 25% stake in an Iraqi oilfield to PetroChina as China eyes Iraq as one of its key suppliers. PetroChina will…
A push for cleaner air is driving China to become a bigger player in the global trade for liquefied natural gas (LNG). China relies on burning coal for over…
U.S. oil men usually love their home turf. Especially today, with U.S. shale plays yielding some of the best production and reserves numbers on the planet.But one industry…
Why is Brent crude rallying in the face of a new Iran nuclear deal? Two words might explain it: Saudi Arabia. No one was more upset, save for…
There has been quite a sell-off in oil in the last few months. First, the deal between Iran and the West made front-page headlines and sparked speculation of an imminent…
A watchdog report said the Canadian government isn't doing enough to ensure the rail transport industry is monitored effectively. With rail one of the few viable alternatives to pipelines, the…
Russian state-owned gas giant Gazprom is eyeing late 2017 for the completion of a liquefied natural gas (LNG) terminal on the Baltic Sea coast of Kaliningrad as the company seeks…
Kurdistan’s Prime Minister announced oil exports will begin in December from a new pipeline, marking a major milestone for the semi-autonomous region in Iraq. During an interview with reporters…
Mexican state-owned oil giant Pemex is moving swiftly to boost its maritime fleet with confirmation of a deal to acquire a majority share in a Spanish shipyard, a shipyard deal…
The interim-deal with Iran should be given a fair chance, argues Friedbert Pflüger, Director of the European Centre for Energy and Resource Security (EUCERS). The world economy would benefit if…
In light of a recent spate of railway accidents involving dangerous cargoes, Canada is revising its laws regarding railways transporting hazardous material, including oil. The new regulations will require…
Houston-based Noble Energy and Israeli energy company Delek Group said on 26 November that another gas find may be in the works with signs of a natural gas discovery in…
Statoil Chief Executive Officer Helge Lund said those advocating for a future without fossils fuels are pining for a future economic era that may never come. "We have to…
Royal Dutch Shell has announced it is producing natural gas at its Changbei project in China at a major discount and plans to start test production in the second phase…