• 2 days Iraq Begins To Rebuild Largest Refinery
  • 3 days Canadian Producers Struggle To Find Transport Oil Cargo
  • 3 days Venezuela’s PDVSA Makes $539M Interest Payments On Bonds
  • 3 days China's CNPC Considers Taking Over South Pars Gas Field
  • 3 days BP To Invest $200 Million In Solar
  • 3 days Tesla Opens New Showroom In NYC
  • 3 days Petrobras CEO Hints At New Partner In Oil-Rich Campos Basin
  • 3 days Venezuela Sells Oil Refinery Stake To Cuba
  • 3 days Tesla Is “Headed For A Brick Wall”
  • 3 days Norwegian Pension Fund Set to Divest From Oil Sands and Coal Ventures
  • 4 days IEA: “2018 Might Not Be Quite So Happy For OPEC Producers”
  • 4 days Goldman Bullish On Oil Markets
  • 4 days OPEC Member Nigeria To Issue Africa’s First Sovereign Green Bond
  • 4 days Nigeria To Spend $1B Of Oil Money Fighting Boko Haram
  • 4 days Syria Aims To Begin Offshore Gas Exploration In 2019
  • 4 days Australian Watchdog Blocks BP Fuel Station Acquisition
  • 4 days Colombia Boosts Oil & Gas Investment
  • 4 days Environmentalists Rev Up Anti-Keystone XL Angst Amongst Landowners
  • 5 days Venezuelan Default Swap Bonds At 19.25 Cents On The Dollar
  • 5 days Aramco On The Hunt For IPO Global Coordinators
  • 5 days ADNOC Distribution Jumps 16% At Market Debut In UAE
  • 5 days India Feels the Pinch As Oil Prices Rise
  • 5 days Aramco Announces $40 Billion Investment Program
  • 5 days Top Insurer Axa To Exit Oil Sands
  • 6 days API Reports Huge Crude Draw
  • 6 days Venezuela “Can’t Even Write A Check For $21.5M Dollars.”
  • 6 days EIA Lowers 2018 Oil Demand Growth Estimates By 40,000 Bpd
  • 6 days Trump Set To Open Atlantic Coast To Oil, Gas Drilling
  • 6 days Norway’s Oil And Gas Investment To Drop For Fourth Consecutive Year
  • 6 days Saudis Plan To Hike Gasoline Prices By 80% In January
  • 6 days Exxon To Start Reporting On Climate Change Effect
  • 6 days US Geological Survey To Reevaluate Bakken Oil Reserves
  • 7 days Brazil Cuts Local Content Requirements to Attract Oil Investors
  • 7 days Forties Pipeline Could Remain Shuttered For Weeks
  • 7 days Desjardins Ends Energy Loan Moratorium
  • 7 days ADNOC Distribution IPO Valuation Could Be Lesson For Aramco
  • 7 days Russia May Turn To Cryptocurrencies For Oil Trade
  • 7 days Iraq-Iran Oil Swap Deal To Run For 1 Year
  • 9 days Venezuelan Crude Exports To U.S. Fall To 15-year Lows
  • 10 days Mexico Blames Brazil For Failing Auction

Breaking News:

Iraq Begins To Rebuild Largest Refinery

News

IEA: “2018 Might Not Be Quite So Happy For OPEC Producers”

IEA: “2018 Might Not Be Quite So Happy For OPEC Producers”

Dec 14, 2017 at 15:46 | Tsvetana Paraskova

While OPEC producers have decided to roll over the production cuts to the end of 2018, non-OPEC supply will increase more than previously expected, and total supply growth could exceed…

Goldman Bullish On Oil Markets

Goldman Bullish On Oil Markets

Dec 14, 2017 at 15:36 | Zainab Calcuttawala

Goldman Sachs predicts a banner year for Big Oil in 2018 thanks to a boost in available cash to fund expensive oil exploration projects and pay out dividends to investors,…

OPEC Member Nigeria To Issue Africa’s First Sovereign Green Bond

OPEC Member Nigeria To Issue Africa’s First Sovereign Green Bond

Dec 14, 2017 at 15:30 | Tsvetana Paraskova

OPEC oil producer Nigeria will issue next week the first sovereign green bond in Africa, and will use the proceeds to finance renewable energy micro utilities and forestation programs, Nigeria’s…

Nigeria To Spend $1B Of Oil Money Fighting Boko Haram

Nigeria To Spend $1B Of Oil Money Fighting Boko Haram

Dec 14, 2017 at 12:55 | Tsvetana Paraskova

The governors of Nigeria’s 36 states approved on Thursday the release of $1 billion from the country’s Excess Crude Account to fight the Boko Haram Islamist terrorists in northeastern…

Syria Aims To Begin Offshore Gas Exploration In 2019

Syria Aims To Begin Offshore Gas Exploration In 2019

Dec 14, 2017 at 11:39 | Tsvetana Paraskova

Syria plans to start gas exploration in its offshore areas in early 2019, and has signed contracts for five offshore blocks with “friendly countries”, local media quoted Syrian Oil and…

Australian Watchdog Blocks BP Fuel Station Acquisition

Australian Watchdog Blocks BP Fuel Station Acquisition

Dec 14, 2017 at 09:26 | Irina Slav

The Australian Competition and Consumer Commission blocked BP’s US$1.4-billion (A$1.8 billion) acquisition of Woolworths’ fuel station network after months of negotiations. According to the competition regulator, the deal would be…

Colombia Boosts Oil & Gas Investment

Colombia Boosts Oil & Gas Investment

Dec 13, 2017 at 13:50 | Zainab Calcuttawala

Colombian oil companies plan between $4.5 billion and $4.9 billion in investments in 2018, increasing their budgets from this year, but still missing the mark on how much capital is…

Environmentalists Rev Up Anti-Keystone XL Angst Amongst Landowners

Environmentalists Rev Up Anti-Keystone XL Angst Amongst Landowners

Dec 13, 2017 at 13:35 | Zainab Calcuttawala

Landowners with property affected by the TransCanada Keystone XL pipeline are environmentalists’ newest allies in the fight against the facility’s construction, according to a new Reuters report. The Bold…

Venezuelan Default Swap Bonds At 19.25 Cents On The Dollar

Venezuelan Default Swap Bonds At 19.25 Cents On The Dollar

Dec 13, 2017 at 13:09 | Zainab Calcuttawala

The value of Venezuelan oil company PDVSA’s debt bonds stood at 19.25 cents on the dollar, according to the results of the first stage of an auction to land…

Aramco On The Hunt For IPO Global Coordinators

Aramco On The Hunt For IPO Global Coordinators

Dec 13, 2017 at 12:58 | Tsvetana Paraskova

Saudi Aramco is seeking by the end of 2017 proposals from banks willing to be global coordinators and bookrunners of the highly anticipated initial public offering (IPO) of Saudi Arabia’s…

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