Despite Congress passing new sanctions…
ExxonMobil continues to expect that…
Sam Altman and Andreessen Horowitz…
The American Petroleum Institute (API) has estimated a surprise crude oil inventory build of 401,000 barrels for the week ending Aug 29, compared to analyst expectations of a 3.50-million…
North Dakota consumes the most energy per capita in the residential sector, the U.S. Energy Information Administration (EIA) said in its Key Statistics and Indicators report on Wednesday. According…
A total of 33 oil companies have applied for licenses in Norway’s 2019 licensing round for exploration and development in mature areas on the country’s continental shelf, Norway’s Ministry of…
The Russian ministry of natural resources is open to the idea that private oil and gas firms could be allowed to explore Russia’s Arctic shelf, where currently only state-held firms…
The Brazilian Senate has approved an agreement for the transfer of rights over a disputed group of oil fields that would see state energy giant Petrobras get US$9 billion in…
The energy ministry reshuffle Saudi Arabia announced earlier this week will have no impact on Saudi-Russian relations in that area, Russian Energy Minister Alexander Novak told media as…
The infamous Adrian Darya 1 tanker, which is near the Syrian coast right now and expected to deliver its cargo of crude oil, is having problems with its captain, Fox…
New Mexico is set to continue its breakneck pace for revenue growth from its oil and gas industry, and is expected to add $174 billion in infrastructure to support…
OPEC’s oil exports rose to a four-month high, tanker tracking data compiled by Bloomberg showed on Tuesday. OPEC’s largest producers Iran, Iraq, Kuwait, Saudi Arabia, and the United Arab…
The change of the chairman of oil giant Saudi Aramco is paving the way for fast-tracking the listing of the world’s biggest oil firm, as Saudi Arabia’s Crown Prince Mohammed…
The US$20-billion Danish fund MP Pension said on Tuesday it is excluding the world’s largest oil companies from its portfolio, looking to secure long-term returns for investors and to…
PetroChina and Sinopec’s daily crude consumption grew further in August 2019, because of more unit restarts, JLC data shows. This increase comes after a modest 1.25% month-on-month
Iranian oil tanker Adrian Darya 1, which the U.S. blacklisted this weekend, went dark on Monday while in the Mediterranean offshore Syria, ship-tracking data shows, suggesting that the tanker may…
A trade deal between Iran and the Eurasian Economic Union will take effect on October 26, Russia’s Energy Minister Alexander Novak said during a meeting with Iran’s Energy Minister, Reza…
Libya’s National Oil Corporation reported $2.1 billion in income in July from its sales of crude oil and corresponding taxes, NOC said in a press release. The figure represents a…
Just a few short days after Saudi Arabia’s Energy Minister lost half of his purview, Saudi Energy Minister Khalid Al Falih has lost his role as chairman of the board…
The U.S. sanctions on the Iranian oil industry have cut a lot of the crude oil exports of the Islamic Republic, but oil product exports—also under U.S. sanctions—have held pace…
France has proposed to extend to Iran a credit line of US$15 billion for oil “pre-purchases” in exchange for full compliance with the nuclear deal, parts of which Iran has…
India’s government plans to sell its entire more than 50-percent stake in one of the largest local refiners, Bharat Petroleum Corporation (BPCL), most likely to state-controlled Indian Oil Corporation, Indian…
The United States will work with Poland and Ukraine to reduce their dependence on Russian gas, media reported after a meeting between U.S. Energy Secretary Rick Perry and Polish and…