This week’s surveys suggest that…
The UK economy has shown…
The U.S. government is investing…
Hours before the British overseas territory Gibraltar released the Iranian oil tanker detained last month, the commander of the Iranian Navy warned the U.S and the UK to…
Cuadrilla has resumed fracking at a second well at its hydraulic fracturing site in northwest England after it secured all permits to do so, the UK shale gas group
Norwegian energy giant Equinor announced on Thursday first oil from the Mariner oil field in the UK North Sea whose start-up has been delayed twice over the last year…
Petrobras has settled a debt of US$3 billion with the China Development Bank ahead of time and will repay another debt, this one of US$5 billion, in December, ending an…
Koch Industries has sold its oil sands assets to Canadian Cavalier Energy, the Financial Post reports, noting that the deal closed two months ago. Cavalier is a subsidiary of…
Foreign oil companies currently doing business with Venezuela’s state-run oil company are growing increasingly nervous about their relationship with PDVSA as the US turns up the heat on
UK renewable energy supplier Solarplicity says it is ceasing to trade, blaming the harsh regulations in the energy market and increased competition, and becoming the 13th energy supplier…
Large engineering and construction contracts for liquefied natural gas (LNG) projects pushed the total value of contracts in the oil and gas industry surging to US$42 billion in the second…
Iran says it aims to complete by March 2021 a long crude oil pipeline from its northwest deep in the Persian Gulf to a southern terminal east of the…
Natural gas production from the huge Zohr field in the eastern Mediterranean offshore Egypt more than tripled in the first half of 2019 compared to the same period in 2018,…
Refinery throughput in China went up by 4 percent last month, to a total 52.6 million tons, or about 12.44 million bpd, Reuters reports, citing data from the National…
The American Petroleum Institute (API) has estimated a surprise crude oil inventory build of 3.7 million barrels for the week ending Aug 8, compared to analyst expectations of a
Russia may be close to having a foreign car manufacturer launch electric vehicle (EV) production in the country soon—a move that analysts at IHS Markit described as “bold” considering…
Iran and the UK have exchanged documents and Britain has shown interest in resolving the issue with the Iranian oil tanker it seized in early July, the Islamic Republic News…
Egypt is looking to boost its crude oil and condensate production to 690,000 bpd by the end of the year from the current 630,000 bpd, Egyptian Petroleum Minister Tarek al-Mulla…
China may ramp up gasoline exports in the second half of 2019 amid a glut of the fuel in its domestic market and higher export quotas, JLC analysts said. China’s…
ExxonMobil has recently discussed with operators selling part or all of its assets in the UK North Sea in a move that could raise up to US$2 billion for Exxon…
The Freeport LNG plant in Texas may soon be ready to start loading its first LNG cargo, S&P Global Platts reports, after data from its trade flow software cFlow…
Occidental will reduce its US$40-billion debt load it used to acquire Anadarko as soon as possible, the company’s chief financial officer said at an industry event, as quoted by…
An Iranian lawmaker has suggested that the United States is creating insecurity in the Middle East in the hopes of bringing oil prices up to $200 per barrel, according to…