Europe, and the rest of…
Despite a $7.5 billion investment…
Ahead of a critical meeting…
Conservative candidate Guillermo Lasso, 65, won the presidential election in South American oil producer Ecuador, and said he would propose new oil deals to…
Japan will release some 1 million tons of contaminated water from the Fukushima nuclear power plant into the ocean, the country's government said amid strong opposition from Japan's neighbors. The…
The EIA might be forecasting that the Permian Basin’s oil production will be rebounding soon, but overall, today’s U.S. oil production is still 2 million barrels per day below the…
The major international oil companies have seen their average crude reserves drop by 25 percent over the past five years, which could be a challenge for Big Oil’s production and…
Russia’s security services raided the home of investigative journalist Roman Anin and took him in for questioning last week for what his lawyer says is connected to a past…
Saudi Aramco has reached an agreement with a consortium led by U.S. EIG Global Energy Partners to sell it a 49-percent stake in Aramco Oil Pipelines Co. Aramco Oil Pipelines…
Uganda, Tanzania, and two oil majors inked a deal for the construction of a $3.5-billion pipeline that will carry Ugandan oil to the Tanzanian coast, from where it will reach…
The Dakota Access Pipeline will not be ordered to shut down while pending review, government lawyers told U.S. District Judge Brian Boasberg on Friday, much to the ire of environmentalists…
Iran insists that it will only start complying with its obligations under the nuclear deal after the United States removes all the sanctions on the Islamic Republic, Iran’s Supreme Leader,…
China has set a world record for deep-sea drilling in the South China Sea, Chinese state media reported, while tensions in the disputed area are rising. According to the
The final investment decision on a US$5.1-billion project involving French oil giant Total in Uganda is expected to be announced as soon as on Sunday, Bloomberg quoted Uganda National…
U.S. Representative Teresa Leger Fernandez has introduced a bill proposing $8 billion to be spent on plugging and cleaning up abandoned oil and gas wells in a bid to create…
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard (PFG) follow through with their threat…
Daily rates for smaller oil tankers have started to recover after OPEC+ and Saudi Arabia announced they would gradually add around 2 million barrels per day (bpd) of crude production…
Maintenance at a Cheniere Energy facility was set to drag natural gas deliveries to U.S. liquefied natural gas (LNG) export facilities on Thursday to the lowest level since the end…
Oman is looking at several options to plug the holes in its budget, according to anonymous sources that disclosed the information to Bloomberg—and it’s taking a hard look at state-energy…
The $2-trillion infrastructure and tax plan of U.S. President Joe Biden proposes to eliminate tax preferences and implicit subsidies for fossil fuels that would boost government receipts by more than…
Mergers and acquisitions in the upstream segment of the U.S. oil and gas industry hit $3.4 billion in the first quarter of the year, Reuters has reported, citing data…
OPEC+ has been doing a brilliant job in managing supply and demand balances in the pandemic and every American oil producer appreciates the alliance’s efforts, Occidental’s chief executive Vicki Hollub…
Despite commitments to become a net-zero emission economy by 2060, China—the world’s biggest carbon emitter—commissioned more coal-fired capacity last year than the rest of the world retired, a new report…