Amid efforts to counter climate…
Billionaires' ventures into space travel…
In a move that could…
Italy’s Eni lowered its long-term oil price assumptions on Tuesday, saying that the coronavirus pandemic would have “an enduring…
The U.S. Department of Energy issued a final long-term order to authorize exports of liquefied natural gas (LNG) from a project in Oregon that they expect will help the U.S. sell…
Mexico’s state oil firm Pemex is asking some of its contractors if they would agree to be paid for their services next year, people…
It’s dirty and a little uncool. It’s not virtually shareable on all those social media sites like Instabook or Fracegram. We’re talking about jobs in the oil industry. But one…
Researchers from the United States and Australia have discovered previously unrecognized structural lines 100 miles or more down in the Earth that appear to signal the locations of giant
Gunmen have recently killed eight workers from a firm subcontracted by France’s Total to work on its $20-billion liquefied natural gas (LNG) project in Mozambique, the subcontractor company said on…
Brazil’s state-owned oil firm Petrobras aims to make better use of the associated natural gas in its prolific oil-rich pre-salt area by having offshore liquefied natural gas (LNG) units to…
Libya is set to export even less crude oil in July than it did in June, while its state oil firm continues negotiations to end the blockade that has been…
In the second major win for the anti-pipeline movement in the United States on Monday, a district court ruled that the beleaguered Dakota Access Pipeline must shut down by August…
Despite a major win on a right-of-way issue at the U.S. Supreme Court last month, the developers of the Atlantic Coast natural gas pipeline are definitely scrapping the project in…
French oil giant Total SA has sent a drilling rig to South Africa in the hopes of duplicating its massive find there last February, Total’s partner in the project
The Houthi rebels in Yemen claim they have sent a team to repair an oil tanker full of 1 million barrels of oil sitting off the Yemeni coast for five years…
Elon Musk took his Twitter feud with Tesla’s short sellers and the Securities and Exchange Commission to a whole new level on Thursday evening, mocking the traders who had bet…
In partnership with the business sector, the Japanese government will invest some $14.4 billion (1.5 trillion yen) in liquefied natural gas development in Mozambique, the Nikkei Asian Review reported. According…
Global investment in oil is set to plunge by one-third this year due to the coronavirus and its effect on economies and oil demand, Russia’s Energy Minister Alexander Novak said at…
Federal prosecutors in the United States are looking to seize Iranian gasoline on tankers currently en route to Venezuela by filing a civil-forfeiture complaint, The Wall Street Journal reported on Thursday,…
ExxonMobil may be set for its second consecutive loss in Q2 as the oil price collapse and weak refining margins will hit both the upstream and downstream divisions of the…
Angola is not too keen to compensate for its loose compliance with the OPEC+ cuts by making deeper production cuts in Q3, Reuters reported on Thursday, citing sources in the industry…
Energy Transfer, the company behind the controversial Dakota Access oil pipeline, has declared force majeure on the project to stop companies from pulling out of its plan to double the…
OPEC’s oil production in June came in at the lowest level since May 1991 during the Gulf War, and collectively meeting its promised cut. For June, OPEC cut its production