Not since the Cold War…
ExxonMobil continues to expect that…
Turkmenistan's natural gas exports to…
China’s state-owned oil and gas major Sinopec has struck oil and gas at a field in the northwestern province of Xinjiang, Reuters reports, adding that the reserves at the…
Democrats on the House Natural Resources Committee are proposing more offshore drilling bans and higher fees and royalty charges on the oil and gas industry to raise funds for wildlife…
BP is spinning off its assets in Iraq by setting up a joint venture with PetroChina which will manage Iraq’s largest oilfield Rumaila as the UK-based supermajor is looking…
After taking a beating over the past few weeks, oil prices have been surging on rising demand optimism, a major production outage in Mexico, and the…
Recovering global oil demand and drilling activity has made oilfield services firms optimistic about the sector’s prospects not only in the immediate future but also in the medium…
When earlier this month analysts sounded the alarm for Europe’s energy security because of the looming shortage of liquefied natural gas, the culprit behind the situation was identified…
Oil prices recouped some of their latest losses today, after the Energy Information Administration reported a crude oil inventory draw of 3 million barrels for the week to August…
German Chancellor Angela Merkel has said natural gas should never be used as a geopolitical weapon and backed extending an energy partnership deal with Ukraine once it expires…
For governing a country, $1.6 billion in cash can’t be stretched too far. That’s how much comes in the coffers of the Taliban, which has now taken over…
Amateur and professional bean counters are starting to take stock of what, exactly has changed during 20 years of war between the US and the Taliban. And while…
China announced on Wednesday the discovery of a major shale oilfield in the Daqing Oilfield cluster with expected reserves of 1.27 billion tons of oil, Chinese Xinhua news…
Mexico's Pemex has restored about 17 percent of the more than 400,000 bpd in oil production it lost due to a fire that erupted on an offshore platform…
The electrification of homes is touted as one way to reduce greenhouse gas emissions in the residential sector as the U.S. Administration aims for a net-zero economy by…
Oman occupies a strategically vital position in the geography of the Middle East, possessing long coastlines along the Gulf of Oman and along the Arabian Sea, away from…
Crude prices recovered for the second day in a row, fueled by optimism about falling COVID-19 infections in China and by a major production outage in the Gulf of Mexico…
The recent resurgence in Covid-19 infections in many parts of the world led not just to a slump in oil prices but growing pessimism about the prospects of…
So far, it has been largely Samsung cell phones or laptops batteries that have caught the media’s attention when devices have caught fire, particularly in contained…
The is the fifth article in a series on BP’s recently-released Statistical Review of World Energy 2021. Previous articles provided
The amount of oil held in floating storage at Asian ports is growing, with Iranian and Venezuelan crude cargoes earlier this month pushing Asian floating inventories to the highest in…
Oil prices extended Monday’s 5-percent gain early into Tuesday, as concerns about global demand started to ease while a major outage in Mexico supported prices on the supply side. As…