The International Energy Agency (IEA)…
India is bracing for its…
OPEC+ is likely to keep…
Saudi Arabian companies could negotiate investment deals worth some US$50 billion in oil, gas, metals, and infrastructure during and after the Future Investment Initiative that opened today in Riyadh, Reuters…
Saudi Arabia and Russia could formalize a strategic partnership that would last indefinitely, potentially marking a new era for the oil market. In a wide-ranging interview with TASS, Saudi oil…
Supermajors have had a great year so far, and their third-quarter results, to be released over the next couple of weeks, are likely to strengthen this impression. But this does…
While U.S. legislators are discussing new sanctions on Russia that would increase economic pressure on Moscow by possibly expanding sanctions to the banking and energy industries, Russia is said to…
Libya’s oil production could rise by several hundred thousand barrels daily when BP and Eni resume production at a shared field, the head of the country’s state oil company
A group of scientists from Duke University has developed a new method to 3D-print lithium-ion batteries in virtually any shape. In a paper published in ACS Applied Energy Materials, the researchers explain…
Fatih Birol, the Executive Director of the International Energy Agency (IEA), is not worried about Saudi Arabia retaliating with reduced oil supply in response to potential sanctions after the…
“There is no intention” in Saudi Arabia of imposing a 1973-style oil embargo on the West, Energy Minister Khalid al-Falih told TASS in an interview in response to a…
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies…
U.S. West Texas Intermediate and International-benchmark Brent crude oil futures are trading higher on Friday after a steep sell-off the past two sessions. The markets are trading inside Thursday’s range…
Russian authorities have announced that domestic oil production hit 11.36 million barrels per day (bpd), on average, in September (Vedomosti, October 2). This marks a new historic peak, reached…
A lighter crude oil grade is being sold from the Permian, Bloomberg reported earlier this week, noting it was selling at a discount to the regional benchmark, WTI Midland.…
Traders and investors know better than most that timing is everything. What defines the success or failure of a trade is usually not necessarily where you buy or sell, but…
Oil prices at $80 a barrel are too high and unhealthy for the world today, Bob Dudley, the chief executive of UK supermajor BP, said on the sidelines of…
Growing Permian drilling and production started lifting last year the revenues and profits of the world’s top oilfield service providers who were badly bruised by the 2014 oil price crash.…
BRAZIL C&C PRODUCTION Brazil and Petrobras show something in common with U.S. LTO: even with a lot of debt and desire, and a strong resource base it is difficult to…
Australian oil and gas producer Santos, the operator of the GLNG project, could win any comeback kid awards in the global energy patch. From several years of turmoil during the…
Former Vice-President of the United States Dick Cheney once said: “the good lord didn’t see fit to put oil and gas only where there are democratically elected states… Occasionally we…
On August 30 the Ministry of Electricity and Energy (MoEE) announced it would be opening fresh rounds of bidding for oil and gas blocks in the first half of next…
Oil prices continued to trend lower this week despite an extraordinary rift between OPEC’s largest producer and the world’s largest oil consumer. On October 2nd, Washington Post journalist Jamal Khashoggi…