The Biden administration plans to…
The US aims to reshape…
ThyssenKrupp and EP Corporate Group…
Despite the coronavirus-induced crisis, investments in oil and gas activity in Norway are expected to rise by 1.6 percent this year compared to 2019, thanks to higher oil prices and…
The new government in the world’s newest oil producer, Guyana, looks to raise the requirement for local content in employment and procurement of goods and services in the offshore…
The Ministry of Economic Affairs, Labor and Housing of the German state of Baden-Württemberg announced that it will finance a two-year project aimed at investigating how to best…
Iran has displayed what it described as two new ballistic and cruise missiles, in defiance to U.S. calls that Tehran halts its missile program.
The OPEC+ group has as much as 2.31 million barrels per day (bpd) of oil production above the collective quota for May-July to offset in August and September, Reuters
Many of the emerging world’s mass transit systems have seen demand nosedive as a result of the coronavirus pandemic. Lockdowns, social distancing, and remote working – as well…
Even though the West African country has typically produced more oil than allowed under the OPEC+ production cut agreement, Nigeria has plans to boost production by about a quarter of…
The Libyan National Army led by General Khalifa Haftar will reopen Libya’s oil ports for a short while to empty tanks with crude oil and condensate and ship them abroad,…
Russia is complying 100% with the OPEC+ production cut quota, according to Alexander Novak, who spoke to Rossiya-24 television on Wednesday, Russian news agency Tass reported. “We are at…
Europe has now overtaken China – not long ago responsible for every other electric car sold worldwide – as the globe’s largest EV market. Over the first seven months of…
The Arab World’s first nuclear power plant has been connected to the grid of the United Arab Emirates (UAE), the Emirates Nuclear Energy Corporation (ENEC) said on Wednesday, two…
A growing number of oil and gas companies are looking to measure and reduce their carbon emissions under increased pressure from shareholders to join the fight against climate change -…
The U.S. federal government is considering more sanctions to add to a list aimed at severing the lifeline between the Venezuelan government and oil revenues that, according to Washington, are…
Libyan ports could reopen to release the fuel needed to end power shortages ports of the country, The National reports, citing the commander of a group affiliated with Khalifa…
Russia’s seaborne crude oil exports are trending lower so far in August compared to July, but with Russia ramping up production with the easing of the OPEC+ cuts, this summer’s…
A large build in gasoline inventories which offset a modest draw in crude oil inventories cooled bullish sentiment in markets somewhat on Tuesday afternoon The American Petroleum Institute (API) reported…
Tesla’s registrations of China-made vehicles in the world’s largest auto market slumped by 24 percent month over month to 11,456 in July, Bloomberg reported, citing data from state-backed China…
The Trump Administration is looking at the possibility of extending the limits for the length of tiebacks in the Gulf of Mexico to allow operators to connect more wells to…
The California Independent System Operator has cancelled a series of planned power outages amid a heat wave that pushed temperatures into triple-digit territory, the AP reports, citing the grid…
Mexico’s President Andres Manuel Lopez Obrador wants to cancel an energy deal with a consortium backed by Brazilian conglomerate Odebrecht, Reuters has reported, citing a news conference. “That contract…