Saudi Arabia's Price Increase Could Indicate Oil Price Floor
OPEC has repeatedly argued that…
Countries worldwide are competing to…
The global upstream M&A market…
A Texas judge has ruled the Texas Railroad Commission does not have to approve the route of natural gas pipelines, which will allow Kinder Morgan to proceed with a US$2-billion…
The American Petroleum Institute (API) reported a large crude oil inventory draw of 7.55 million barrels for the week ending June 20, but still coming in over analyst expectations of…
In a cut above the usual barb-trading between Iran and the United States, President Trump threatened to meet any attack by Iran on “anything American” with “great and overwhelming force,”…
Because of relentless global warming, the world risks plunging into a ‘climate apartheid’—a scenario in which the rich will buy themselves out of the worst effects of climate change, while…
Kenya’s government signed on Tuesday a heads of agreement with France’s major Total, Africa-focused Tullow Oil, and Africa Oil to develop an oil processing facility with capacity of
Imports of liquefied natural gas (LNG) into Northeast Asia are set to decline in June from May, for the first time on record dating back to 2013, amid slowing economies…
Ukraine’s gas in storage reached 13 billion cubic meters as of June 22 as the country prepares for a worst-case scenario in which it loses its role as the main…
The federal Canadian government is investing US$208 million (C$275 million) in the LNG Canada project: the first of this magnitude in the country and the energy project that won the…
A senior Chinese official and former chairman of the state-owned China National Nuclear Corporation, Wang Shoujun, said that the country needs to give more support to its nuclear programs…
Iranian Oil Minister Bijan Namdar Zanganeh is denying media reports that have depicted Iran’s oil exports as declining in the face of US sanctions, but did not offer alternate figures,…
The International Energy Agency (IEA) is very worried about the growing tension in the Middle East and stands ready to act in case of physical…
India more than quadrupled its imports of U.S. crude oil between November last year and May this year as the U.S. sanctions on Iran significantly reduced Iranian crude purchases at…
Five underwater pipelines carrying crude oil were sabotaged this weekend, the Syrian Petroleum and Mineral Resources Ministry said, as reported by state news agency SANA. The ministry said a…
The Iranian security forces have arrested a group of people that Iranian media report were trying to influence officials at the country’s oil ministry into “putting off important decisions”…
Pemex will avoid investing in deepwater offshore projects, instead focusing on areas where it has experience, including the shallow waters of the Gulf of Mexico and onshore fields, Reuters
India’s oil minister Dharmendra Pradhan reached out to Saudi Arabia on Friday to discuss unrest in the region which is pushing up prices to levels that are…
Russia is willing to step in to help Iran export its oil while the Middle Eastern country is struggling to keep the oil flowing while pressured by sanctions levied…
Canada’s Senate passed on Thursday two controversial bills restricting the movement of oil tankers off the northern coast of British Columbia and overhauling the assessment process for oil pipelines—bills…
The the number of active oil and gas rigs in the United States fell again this week according to Baker Hughes, as the overall rig count reaches the lowest point…
The asset management arm of UK’s insurer Legal & General will remove ExxonMobil from its Future World Funds as these are focused on clients with an interest in investing in…