David Cameron's recent visit to…
Besides its important geo-strategic location,…
The energy transition, while necessary,…
More than 100 workers were airlifted from the Thistle oil platform in the North Sea after an unspecified incident that followed a subsea inspection at the platform, the BBC
Brazil’s next oil auction, scheduled for November, may be the best one yet, raking in as much as $50 billion in auction proceeds, Bloomberg sources familiar with the Brazilian…
Russia could okay within half a year a deal that would pave the way for Finnish utility Fortum to boost its stake in Germany’s utility Uniper to more than 50…
Oil majors are quitting two projects in the Caspian Sea in Kazakhstan because of high costs and low profitability, a unit of Kazakhstan’s state oil and gas firm KazMunayGas
British and U.S. intelligence agencies say Russian hackers hijacked Iran-based cyberspy groups to attack dozens of countries and organizations while pretending to be Iranian.The details of the operation
The International Energy Agency expects to see “spectacular” growth in new solar power capacity additions in the period to 2024, which will highlight overall strong growth in renewable energy. In…
Kuwait and Saudi Arabia are still negotiating the restart of oil production at jointly owned fields in the so-called Neutral Zone between the two countries, Kuwaiti Deputy Foreign Minister Khaled…
Ecuador has restarted crude oil exports after massive protests caused the country’s oil industry to more or less grind to a halt. “All exports that were suspended will be rescheduled…
In the not too distant future, oil workers in Russia could be supervised by an artificial intelligence program dubbed Cyclops. Sputnik reports that the program, developed by a state…
Nigeria risks disruption in oil and gas supplies and power generation, due to declining exploration activity and depleting oil reserves, the Nigerian Association of Petroleum Explorationists (NAPE) has warned.…
The world’s largest oilfield services provider, Schlumberger (NYSE:SLB), reported on Friday a net loss of US$11.38 billion for the third quarter, compared to a US$644-million profit for Q3…
Venezuela will not hand over control of its cash-strapped state oil firm PDVSA to Russian oil giant Rosneft, a close aide to Nicolas Maduro told Russian news agency RIA…
The main UK North Sea crude oil transport route, the Forties pipeline, was shut down in the early hours on Friday after a lightning strike caused a power surge, the…
Public opposition has forced the Norwegian government to scrap plans for large-scale onshore wind power development, Recharge News reports. The outlet quoted a statement from the Norwegian Water Resources…
Just days after people close to the preparations for Aramco’s IPO said Riyadh was due to official greenlight the deal this week, other sources told Reuters the IPO would…
US oil producers are keeping a close eye on what the US National Hurricane Center is calling Potential Tropical Cyclone Sixteen, S&P Global Platts reported on Thursday. The NHC has…
Mexican President Andrés Manuel López Obrador threatened on Thursday to publicly name the oil companies which have delayed their promised investments into Mexico’s oil sector. “The majority of these…
Australia’s largest independent gas producer, Woodside, aims to take the final investment decision (FID) on the US$11-billion Scarborough project early next year, sooner than its previous timetable at some point…
Russian oil giant Rosneft has temporarily suspended works at one block in Iraq’s semi-autonomous region of Kurdistan due to security concerns because of the blocks’ proximity to the Syrian border,…
The LNG boom in the United States is helping households pay less for electricity, Energy Secretary Rick Perry told Fox News. “We’re driving down the cost of electricity in most…