The European Commission presents a…
Despite claims, the U.S. has…
Oil demand is expected to…
Iraq expects OPEC+ will allow it to increase its oil exports beginning next year, Reuters reported today, citing the Iraqi state new agency INA, which was quoting the country’s oil…
The OPEC+ production cuts and curtailments in the United States are set to help global inventories to continue drawing down for the rest of the year and most of next…
As most Big Oil majors have recently made commitments to reduce their carbon footprint and help tackle climate change more actively. According to a new report from anti-oil advocacy…
On Monday, Airbus revealed three visual concepts for "zero-emission" commercial airliners powered by hydrogen, which could enter service by 2035. The planemaker's push for the world's first zero-emission commercial aircraft is part of a…
After Iran delivered condensate to Venezuela via an Iran-flagged tanker, the same tanker is now loading Venezuelan crude oil at a terminal in the Latin American country, in defiance of…
Mexico could delay its planned energy sector reform until next year after President Andres Manuel Lopez Obrador asked regulators this week to help prop up state oil major Pemex, Reuters…
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 691,000 barrels for the week ending September 18. Analysts had predicted an inventory draw of…
Australia, the world’s top coal exporter, plans to invest over US$13 billion (18 billion Australian dollars) in low emission technologies through 2030, as it aims to deliver lower emissions, lower…
Sinopec and a private equity-backed company are among some half a dozen candidates to acquire Exxon’s North Sea assets that the supermajor put up for sale earlier this year. Kuwait…
China is ready to do more to tackle climate change, the country’s chief climate advisor said, as quoted by Reuters, and plans to deliver this message to the UN…
The United States is building a coalition aimed at preventing the completion of the Nord Stream 2 pipeline that will substantially increase the flow of Russian gas into Europe, the…
India used the ultra-low crude oil prices earlier this year to top its strategic petroleum reserves with oil at $19 a barrel, saving nearly US$700 million in the process, India’s…
Hardisty, Alberta – the major oil hub in Canada that serves as the basis for the Canadian oil benchmark – doesn’t have a school anymore, and the community fears that…
Elon Musk’s Tesla hosts its annual shareholder meeting on Tuesday, Sept. 22,…
China National Offshore Oil Corporation (CNOOC) said on Sunday it had started oil production from the Liuhua 16-2 oilfield cluster in the Eastern South China Sea, which is expected…
Norway’s sovereign wealth fund holds close to 600 Bitcoin through a 1.51-percent stake in MicroStrategy—a business intelligence firm that recently made headlines with its Bitcoin buying spree. The amount…
Crystallex, the Canadian mining company that years ago won a $1.4-billion arbitration against Venezuela’s PDVSA has urged a district judge to set a date for the sale of U.S. refiner…
The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to avoid picking up their offshore well decommissioning tab when they go bankrupt, the…
New rules proposed in the UK could see electricity distributors switching off electric vehicle (EV) chargers at home connected to the smart meter system to prevent grid overloads in…
U.S. Secretary of State Mike Pompeo carried out a promotional campaign for U.S. private companies in Suriname and Guyana, two small but newly famous for their oil wealth South American…