TotalEnergies CEO Pouyanne has predicted…
Amid efforts to counter climate…
Not since the Cold War…
Environmentalists are watching closely how asset management giant BlackRock will vote on emission-related issues at Exxon’s shareholders’ meeting after it reported it had voted pro-environment at other companies where it…
New Mexico raked in its highest ever royalty amount from oil and gas leases in April, according to the NM’s State Land Office. The previous record high royalty payments from…
Iran has banned the use of air conditioning at Tehran's state agencies as the country looks to save electricity consumption amid low power generation and prioritize electricity supply to homes…
The American Petroleum Institute (API) on Tuesday reported a massive draw in crude oil inventories of 7.688 million barrels for the week ending April 30. Analysts had predicted a more…
Saudi energy giant Aramco reported a 30-percent increase in net income for the first quarter of the year to $21.7 billion, boasting free cash flow of $18.3 billion for…
The world’s top miner BHP (ASX, LON, NYSE: BHP) said a proposed royalty on…
Energy investments in Europe, the Middle East, and Africa are set to exceed $805 billion over the next five years, according to Saudi Arabia’s Arab Petroleum Investments Corporation. This is…
Venezuela’s oil exports are hanging tough around 700,000 bpd, where they have been for the last three months, according to tanker tracking data and PDVSA documents cited by Reuters.…
Iraq could buy ExxonMobil’s 32.7-percent stake in one of the largest oilfields in OPEC’s second-largest producer, West Qurna 1, Bloomberg quoted Iraq’s oil minister Ihsan Abdul Jabbar Ismaael as…
Iran will be able to raise its crude oil exports to 2.5 million barrels per day (bpd) after the U.S. sanctions on its oil industry are lifted, a top Iranian…
Signs have already started to emerge that India’s COVID crisis has hit oil demand in the world’s third-largest oil importer, but now sources say that demand for liquefied natural gas…
Venezuela has released from jail the six U.S. executives at Citgo, the U.S. subsidiary of Venezuela’s state-held oil firm PDVSA, and placed them on house arrest in what sources…
Close to a fifth of all EV drivers in California have switched back to gasoline cars because charging their electric cars was a hassle, according to a new study bound…
China’s domestic natural gas demand is set to grow faster this year, gaining 10 percent, Argus reports, citing state-owned energy majors PetroChina and Sinopec. A senior PetroChina gas executive…
Healthcare workers who had blocked for three weeks Argentina’s vast Vaca Muerta shale play in a strike to demand higher pay lifted the blockades this week and moved to…
U.S jet fuel demand is rising along with an increase in domestic air travel, the Energy Information Administration (EIA) said this week. Global and U.S. jet fuel demand is…
African OPEC member Angola signed this week a $5-billion memorandum of understanding with its neighbor to the east, Zambia, to study the construction of oil products and gas pipelines…
US and Brazil-based researchers have published a new study where they outline what they…
Commodity trading major Vitol is reportedly negotiating a deal to acquire the oil wells of Hunt Oil Co. in the Permian Basin. According to Bloomberg, which cited unnamed sources,…
Chesapeake Energy plans to sell its producing oil assets in South Texas in the hopes of pocketing some $2 billion, Reuters has reported, citing two anonymous sources. Chesapeake