ExxonMobil continues to expect that…
Copper investments are enjoying another…
Trump's two primary campaign promises,…
The Canadian Energy Regulator, formerly the National Energy Board, will delay a change proposed by Enbridge in the way it does business with oil producers that has angered these same…
The American Petroleum Institute (API) has estimated a staggering crude oil inventory draw of 11.1 million barrels for the week ending Aug 22, compared to analyst expectations of a
It turns out that you really can’t blame the oil industry for everything. The UK oil industry has been saying for quite some time that earthquakes—even ones in the same…
Sri Lanka, which doesn’t pump any oil at present, hopes to begin oil and natural gas production in 2023, a senior government official said on Tuesday. Vajira Dassanayake, Director…
Mexico and several energy infrastructure companies have reached an agreement to resolve a dispute over contracts for natural gas pipelines that the previous Mexican administration had signed, Reuters reported…
Nigeria will fight to protect government assets from the possibility of a US$9-billion court-granted seizure over a gas project dispute, the country’s Information Minister Lai Mohammed said on Tuesday,…
Even if China slaps the planned 5-percent tariff on U.S. crude oil, total American crude sales to the Asian market will not be negatively impacted because other Asian countries have…
The world’s top commodity traders along with several oil majors are among the bidders for eight refineries that the Brazilian government wants to privatize, Reuters reports, citing unnamed sources.…
Italy’s Eni made a major natural gas find in the Niger Delta, with the reservoir estimated to hold about 1 trillion cu ft of gas and 60 million barrels of…
China is likely to stop the import of US crude, as 5% tariffs on such crude will be put into place starting from September 1, 2019 and the country has…
Plains All American will not be passing on its steel tariff fees to its Cactus II customers after all, after threatening to pass on the cost it will incur to…
Tesla will raise the prices of the vehicles it sells in China as early as this week, in response to the latest escalation of the U.S.-China trade war in…
The biggest refiner in China and in Asia, Sinopec, plans to apply for a tariff exemption with the Chinese government for its imports of U.S. crude oil, Reuters reported…
The U.S. federal government has selected a preferential development plan for the Willow oil project that is led by ConocoPhillips. The AP reports that the project could boost Alaska’s…
Days after the U.S. warned, again, that anyone dealing with the Iranian oil tanker released by Gibraltar would face sanctions, Iran said on Monday that it had sold…
Iran’s Foreign Minister surprisingly visited the G7 summit in France this Sunday, to hold talks with world leaders that lasted three hours, according to Reuters. The official, who is…
An explosion rocked a natural gas-filling plant in the Venezuelan state of Miranda, forcing the evacuation of 6,500 local residents, Telesur reports, adding the Venezuelan government has called the…
Oil and gas companies hoping to get a piece of the action in Mexico’s oil industry will have to make good on existing contracts first, Mexico’s president Andres Manuel Lopez…
Refining margins in Asia have slumped by more than 50 percent since the middle of July as fuel market participants have accelerated the sell-off of high-sulfur fuel oil ahead of…
Libya’s National Oil Corporation (NOC) reiterated on Friday its demand for a 67-percent pay increase for the workers in the oil and gas sector, the state oil firm said…