The total number of active…
Demand for loans from the…
As Western nations are withdrawing…
China will raise the retail ceilings of gasoline by CNY150/mt and diesel by CNY140/mt on July 10 (Wednesday), as international crude prices have rebounded in this pricing cycle, according to…
Oil producers in the U.S. part of the Gulf of Mexico have begun evacuating employees from their platforms ahead of a possible storm that is for now a tropical depression,…
The American Petroleum Institute (API) reported a huge crude oil inventory draw of 8.129 million barrels for the week ending July 4, compared to analyst expectations of a smaller
Any disruption in the oil exports flowing through the Strait of Hormuz will be a “major obstacle” for Iraq’s economy, Iraq’s Prime Minister Adel Abdul Mahdi said on Tuesday as…
Chevron said that a group of Ecuadorian plaintiffs had dismissed their only remaining lawsuit against the U.S. supermajor that sought to enforce a US$9.5-billion judgment over water and land…
Egypt seized a Ukrainian oil tanker carrying Iranian crude while it was crossing the Suez Canal ten days ago, according to a report from Arab news outlet Al-Araby Al-Jadeed carried…
Iran’s ‘misery index’—an informal measure of an economy that adds inflation to the unemployment rate—more than doubled this past winter, jumping to 39 percent from 19.4 percent in the…
China’s efforts to reduce some of the world’s worst air pollution are having a bonus positive effect: they are improving the country’s potential to generate solar power as more sunlight…
A group of First Nations has oil and gas pipeline plans that would certainly raise hackles in British Columbia and the group is intent on making them happen despite new…
OPEC has asked on Monday for a timely settlement to the tensions that have flared up between the United States and Iran and Venezuela, Anadolu Agency reported on Monday,…
The Government of Gibraltar has confirmed that the Iranian supertanker allegedly on its way to Syria was fully laden with 2 million barrels of crude oil, Reuters reported on Monday.…
Iran has denied China National Petroleum Corporation (CNPC) a request to suspend work on Phase 11 of the South Pars gas project, aiming for a clear-cut solution to the Chinese…
Ineos, the operator of the main UK North Sea crude oil transport route, the Forties pipeline, said on Monday that it is progressively reducing to 150,000 bpd the flow…
Iran warned this weekend that it was close to exceeding the level of uranium enrichment agreed under the 2015 Joint Comprehensive Plan of Action, commonly called the Iran nuclear deal.…
Tankers are shunning the port of Fujairah in the UAE, the main refueling hub of the Middle East, following the two attacks involving tankers in the area in the past…
Venezuela’s refining complex CRP has been shut down after a blackout that occurred on Sunday, Argus Media reports, citing union officials from the complex as saying the blackout was caused…
A Nigerian court has ordered the seizure of $40 million of luxury items, mainly jewelry and a customized golden iPhone belonging to the ex-minister of Nigeria’s petroleum resources Diezani Alison-Madueke,…
Just days after Russia said it had fully resumed oil flows to Europe via the Druzhba pipeline after a major disruption in supplies due to crude contamination in April,…
Petrobras is putting up for sale two operating shallow-water offshore gas fields and a deepwater oil exploration concession in the Espírito Santo Basin, as part of efforts to optimize its…
The military and the opposition, Sudan’s main rival groups since the long-term president was ousted in April, reached on Friday a power-sharing agreement that could stop months of violence…