• 2 days U.S. On Track To Unseat Saudi Arabia As No.2 Oil Producer In the World
  • 2 days Senior Interior Dept. Official Says Florida Still On Trump’s Draft Drilling Plan
  • 2 days Schlumberger Optimistic In 2018 For Oilfield Services Businesses
  • 2 days Only 1/3 Of Oil Patch Jobs To Return To Canada After Downturn Ends
  • 2 days Statoil, YPF Finalize Joint Vaca Muerta Development Deal
  • 2 days TransCanada Boasts Long-Term Commitments For Keystone XL
  • 2 days Nigeria Files Suit Against JP Morgan Over Oil Field Sale
  • 2 days Chinese Oil Ships Found Violating UN Sanctions On North Korea
  • 3 days Oil Slick From Iranian Tanker Explosion Is Now The Size Of Paris
  • 3 days Nigeria Approves Petroleum Industry Bill After 17 Long Years
  • 3 days Venezuelan Output Drops To 28-Year Low In 2017
  • 3 days OPEC Revises Up Non-OPEC Production Estimates For 2018
  • 3 days Iraq Ready To Sign Deal With BP For Kirkuk Fields
  • 3 days Kinder Morgan Delays Trans Mountain Launch Again
  • 3 days Shell Inks Another Solar Deal
  • 4 days API Reports Seventh Large Crude Draw In Seven Weeks
  • 4 days Maduro’s Advisors Recommend Selling Petro At Steep 60% Discount
  • 4 days EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
  • 4 days IEA: Don’t Expect Much Oil From Arctic National Wildlife Refuge Before 2030
  • 4 days Minister Says Norway Must Prepare For Arctic Oil Race With Russia
  • 4 days Eight Years Late—UK Hinkley Point C To Be In Service By 2025
  • 4 days Sunk Iranian Oil Tanker Leave Behind Two Slicks
  • 4 days Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators
  • 4 days WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
  • 5 days Norway Grants Record 75 New Offshore Exploration Leases
  • 5 days China’s Growing Appetite For Renewables
  • 5 days Chevron To Resume Drilling In Kurdistan
  • 5 days India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round
  • 5 days India’s Reliance Boosts Export Refinery Capacity By 30%
  • 5 days Nigeria Among Worst Performers In Electricity Supply
  • 5 days ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
  • 6 days Shell Buys 43.8% Stake In Silicon Ranch Solar
  • 6 days Saudis To Award Nuclear Power Contracts In December
  • 6 days Shell Approves Its First North Sea Oil Project In Six Years
  • 6 days China Unlikely To Maintain Record Oil Product Exports
  • 6 days Australia Solar Power Additions Hit Record In 2017
  • 6 days Morocco Prepares $4.6B Gas Project Tender
  • 6 days Iranian Oil Tanker Sinks After Second Explosion
  • 9 days Russia To Discuss Possible Exit From OPEC Deal
  • 9 days Iranian Oil Tanker Drifts Into Japanese Waters As Fires Rage On
Iran Sanctions Will Help China's Petro-Yuan

Iran Sanctions Will Help China's Petro-Yuan

U.S. President Trump may soon…

Russia, China And Iran Lose Interest In Venezuela

Russia, China And Iran Lose Interest In Venezuela

China, Russia and Iran each…

Venezuela’s Parliament Outlaws Maduro’s Cryptocurrency

Venezuela’s Parliament Outlaws Maduro’s Cryptocurrency

The opposition-run Venezuelan Parliament has…

Geopolitics

Oil Tycoons Make Billions In Saudi Purge

Oil Tycoons Make Billions In Saudi Purge

Nov 08, 2017 at 13:53 | Zainab Calcuttawala

Oil tycoons are applauding Saudi Arabia’s recent anti-corruption raid, which has boosted the net worth of the world’s 21 largest oil tycoons by $1.4 billion, according to Bloomberg. The…

Is A Venezuelan Default Inevitable?

Is A Venezuelan Default Inevitable?

Nov 06, 2017 at 17:03 | Irina Slav

Bondholders, creditors, and any company with operations in Venezuela are all agog for news from Caracas after President Nicolas Maduro announced Venezuela will look to restructure its US$89 billion worth…

Saudi Crackdown Was A “Classic Head Fake” For Oil Prices

Saudi Crackdown Was A “Classic Head Fake” For Oil Prices

Nov 06, 2017 at 12:47 | ZeroHedge

Overnight, following the recent Saudi turmoil, prices in the crude complex jumped to the highest levels in over two years, amid speculation that Saudi Arabia is more likely to back…

Kurdistan Ready To Hand Over Oil For 17% Of Iraqi Budget

Kurdistan Ready To Hand Over Oil For 17% Of Iraqi Budget

Nov 06, 2017 at 11:31 | Tsvetana Paraskova

The Kurdistan Regional Government (KRG) is ready to hand over oil, airports, border points, and all revenues to Baghdad if Iraq’s federal government gives the Kurdish region its 17-percent share…

The Geopolitical Implications Of Renewable Energy

The Geopolitical Implications Of Renewable Energy

Nov 03, 2017 at 17:05 | Todd Royal

An October report from BlackRock (BLK)—the world’s largest publicly traded investment management firm—wisely states, “markets are calm but geopolitics are anything but.” Wind and solar energy—two leading renewable energy options—could…

Russia Aims To Dominate Middle East Energy

Russia Aims To Dominate Middle East Energy

Nov 02, 2017 at 12:20 | Dave Forest

I’ve been writing a lot lately about Russian energy firms expanding worldwide. With Rosneft having been particularly active — striking critical deals in spots like India and Egypt the last few months.…

New U.S. Sanctions Threaten Russian Oil Projects

New U.S. Sanctions Threaten Russian Oil Projects

Nov 01, 2017 at 14:05 | Zainab Calcuttawala

Washington’s newest round of sanctions against Moscow’s oil and gas industry targets Russia’s upcoming projects worldwide, according to drafts of the measures introduced at the United Nations by the…

Trump’s China Trip To Reap Billions In Energy Deals

Trump’s China Trip To Reap Billions In Energy Deals

Nov 01, 2017 at 13:00 | Tsvetana Paraskova

U.S. President Donald Trump will visit China November 8-10 for a series of bilateral and commercial events, including a meeting with Chinese President Xi Jinping. On that trip, President…

Tensions Rise As Iraq Halts Kirkuk Oil Exports

Tensions Rise As Iraq Halts Kirkuk Oil Exports

Nov 01, 2017 at 12:00 | Tsvetana Paraskova

Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October, reports of disruptions in oil flows have been a daily occurrence, but now, according…

Venezuela Avoids Default With Critical Payment

Venezuela Avoids Default With Critical Payment

Oct 27, 2017 at 12:57 | ZeroHedge

On Wednesday, when looking at the imminent principal payment on $842 million in debt issued by Venezuela's state-run oil company PDVSA , we warned that the state - which had previously…

Oilprice - The No. 1 Source for Oil & Energy News