Global gold production soared past…
In the oil rig basins…
The energy transition, while necessary,…
Waymo, the self-driving car developer of Alphabet, has raised $2.25 billion in funding from external investors, led by tech investment firms including Silver Lake, Alphabet itself, Andreesen…
Unipec, the oil trading unit of Asia’s largest refiner China Petroleum & Chemical Corporation, or Sinopec, has sent its London staff to work from home after an employee showed coronavirus-like…
After Teck Resources canceled its oil sands project, even approved oil sands projects could be difficult for Canada’s companies to bring online in the short term until more pipeline capacity…
Demand for liquefied natural gas (LNG) in the world’s top importer of the fuel, Japan, is set to take additional hit this month as the country ordered the closure…
Nicolas Maduro has appointed four new vice presidents at Venezuela’s state oil firm PDVSA and a new president of the unit managing the company’s relations with private foreign firms, PDVSA…
OPEC could agree further oil production cuts at its meeting in Vienna this week, even if Russia decides not to join them, unnamed sources in the know told Reuters.…
A ban on oil and gas drilling in the United States proposed by US Democrat presidential hopefuls will cost the economy $7 trillion, US oil industry lobby group American…
Total is among the shortlisted bidders for an offshore wind power project that has been estimated to cost some $7 billion, Bloomberg reports, citing unnamed sources in the know.…
Two Indian oil refiners who still buy Venezuelan crude will stop importing oil from the Latin American country from April as the U.S. steps up sanctions pressure on Nicolas Maduro’s…
Italy’s Eni expects its oil production to start declining after 2025 under its new long-term strategy to rely on natural gas, renewables, and new technologies to cut net greenhouse gas…
Billionaire investor Ron Baron believes that Tesla could be worth as much as US$1.5 trillion by 2030, because the recent stock rally and revenue rise is “only the beginning,” Baron,…
Despite the current oil price situation, Alberta is optimistic for the next fiscal year, expecting its budget deficit to narrow as oil prices improve and disappear by 2022-23, the provincial…
The trading arm of an independent Chinese refiner went into receivership this week, sending ripples of worry across the industry that more pain is yet to come. Reuters reported…
The Trump Administration is unlikely to grant U.S. supermajor Chevron another waiver to operate in Venezuela as the United States is increasing pressure on Nicolas Maduro’s regime, Bloomberg reported…
Mexican state-owned oil firm Petróleos Mexicanos (Pemex) reported on Thursday a net loss of US$8.77 billion (169.8 billion Mexican pesos) for the fourth quarter of 2019, widened from a…
China’s top oil supplier and the world’s largest oil exporter, Saudi Arabia, will be cutting its crude exports to the world’s top oil importer by at least 500,000 bpd in…
China’s crude oil imports could drop by as much as 15 to 20 percent on the year in February, due to the coronavirus outbreak and the slump in domestic fuel…
African and Latin American countries have accumulated at least $152 billion in debt to Chinese banks, backed by oil and other mineral resources, a study from non-profit the Natural…
Aramco has reportedly started the preparation process for the international leg of its listing, which most expected to be years away. According to unnamed sources that spoke to Bloomberg,…
BP will leave three U.S. energy trade associations, including the main refining lobby group, the American Fuel and Petrochemical Manufacturers (AFPM), due to differences over climate policies, the UK-based oil…