The Kremlin has set an…
Higher oil prices are expected…
The total number of active…
Saudi Arabia plans to have uranium produced and enriched in the future for a civil nuclear power program, the newly-appointed Saudi energy minister, Prince Abdulaziz bin Salman, said on…
A monitoring committee of OPEC and its partners in the production cut deal could discuss this week adopting new metrics to monitor the state of the global oil market and…
Qatar Petroleum has shortlisted several Big Oil firms willing to buy a stake in Qatar’s mega project to expand its liquefied natural gas (LNG) export capacity, and will look at…
Saudi officials have approached some of the richest families in Saudi Arabia about potentially becoming anchor investors in the initial public offering (IPO) of state oil giant Aramco, Bloomberg
Mexico will hedge its oil production against low prices, the government said in its budget proposal for next financial year, and Pemex will conduct its own hedge. Reuters reports…
JP Morgan has emerged as the frontrunner for the leading advisor role in the Aramco initial public offering, Reuters reports, citing an unnamed source in the know. The bank…
Europe’s biggest gas pipeline operator, Italy-based Snam is crafting a bid for a piece of Energy Transfer Partner’s $6 billion natural gas pipeline, Reuters sources said on Friday. If successful,…
OPEC’s crude oil production rose in August compared to July, another market survey found on Friday, despite OPEC’s continued calls for sticking to the cuts to achieve “market stability.” …
All activities on an oil pipeline planned to export crude from Uganda have been suspended, following the collapse of a stake acquisition deal in a key Ugandan oil project, an…
Russia and the European Union (EU) have agreed to hold the next EU-Russia-Ukraine trilateral gas talks this month, Maros Sefcovic, the European Commission Vice President in charge of the Energy Union,
Big Oil companies are betting $50 billion on oil and gas projects that would be unviable in a low-carbon world, Carbon Tracker has warned, noting that the approval of these…
A Chinese company hired to expand the capacity of an oil blending facility in Venezuela has halted the work because it has not been paid, Bloomberg reports, adding the news…
The security service for the Canadian Senate has apologized to an energy industry executive who complained in an open letter about being forced to turn his T-shirt inside out during…
Exxon has agreed to sell off its oil and gas assets in Norway in a $4 billion deal, Reuters sources familiar with the matter said on Thursday, in what…
After questions were raised about Mexico’s billion-dollar stalled oil hedge surfaced last month, Mexico is now moving forward with the lucrative hedging program, exclusive Reuters sources said on Thursday.…
Saudi Aramco signed on Thursday an agreement with the Zhejiang Free Trade Zone in China to facilitate the acquisition of 9 percent in a local refinery and further expand…
Chinese oil buyers are reselling cargoes of U.S. crude oil that were set to arrive in China after Beijing slapped a 5-percent tariff on U.S. crude on September 1—and India…
It’s thanks to her that the UK has been catapulted right to the top of the European installed capacity league table. This enormous 588 MW wind farm, eight miles…
The United States has offered several million dollars to the captain of the Iranian oil tanker Adrian Darya 1 to steer it to a port in a country that would…
Soon after the Canadian federal government announced that work will resume on the controversial Trans Mountain oil pipeline expansion project, the Federal Court of Appeal said it will allow…