Anglo American rejected BHP's $38.8…
A U.S.-based biotechnology firm is…
The US Senate has approved…
The UK oil and gas industry is set to spend more than £15bn on decommissioning activity in the North Sea over the next decade, as thousands of wells are expected…
Canada may have missed its chance to become an important player on the global liquefied natural gas market unless it changes its regulatory regime to make building LNG plants easier.…
There have been few sectors dripping with apathy of late quite like the oil services sector. On Tuesday, The Philadelphia Oil Service Sector Index fell 2% again, adding to a 15%…
The Iranian government is shortening its nuclear breakout time -- the amount of time required to produce enough weapons-grade uranium for a single nuclear weapon. Tehran has accomplished this through several steps…
Just a few days after the U.S. Department of Treasury said it will not allow anyone to claim the assets of refiner Citgo as compensation for damages suffered from its…
Saudi Arabia’s IPO for its state-run oil company has reached 24.07 billion Saudi riyals, or US $7.21 billion, according to Reuters, citing the IPO’s lead manager, Samba Capital. The…
An explosion rocked a petroleum product processing plant in Port Neches, some 90 miles east of Houston, early on Wednesday, damaging nearby homes and injuring three workers at the…
The American Petroleum Institute (API) has estimated a crude oil inventory build of 3.639 million barrels for the week ending November 21, compared to analyst expectations of a 418,000-barrel…
Abu Dhabi could invest up to US$1.5 billion in the initial public offering of Saudi Aramco, Bloomberg reported on Tuesday, citing people familiar with the matter. Saudi Arabia now…
Bulgaria has agreed to allow NATO to use its Black Sea port for naval coordination efforts as tensions rise between the Western military alliance and Russia.The agreement was…
The Joint Technical Committee (JTC) at OPEC, the body that reviews oil market fundamentals before the cartel’s ministers gather to discuss cuts, will meet in Vienna on the afternoon of…
U.S. law enforcement agencies have prepared plans to respond to any new protests against the controversial Keystone XL pipeline “by any means,” The Guardian reports, citing internal documents. Among…
Gasoline consumption in Iran dropped to 79 million liters per day in the week following the 50-percent fuel price hike, from an average 98 million liters per day in the…
The communications system of Mexico’s oil giant Pemex is still suffering the lingering effects of a cyberattack that occurred earlier this month, sources from the company told Bloomberg. A…
New energy investment in emerging economies slipped last year to US$133 billion, far from the 2017 record of US$169 billion, mostly due to a slowdown in China, BloombergNEF said in…
China wants its renewable power producers to start making money and boost their revenues with a new proposal to have local energy administrations take into account “fair returns” for clean…
Petrobras is launching the binding phase of the sale of four refineries out of eight that it has earmarked for divestment, the Brazilian state-held energy firm said in a…
Iran has foiled an attack on energy facilities in the southern part of the country, and accused its enemies of masterminding the plot in retaliation for the attacks on Saudi…
For the first time in over half a century, Ford’s Mustang lineup is getting an addition. The electric vehicle revolution continues to build as legacy automakers are making…
A total of 200,000 orders have been placed for Tesla’s latest model, the Cybertruck, which came as a surprise to many not least because of its departure from the Tesla…