China is the undisputed global…
A new study reveals that…
Tesla shares have plunged to…
Since eastern strongman General Khalifa Haftar ordered his self-styled Libyan National Army (LNA) to march on Tripoli, almost 180 people have died and 800 others have been wounded in…
Egypt plans to slash fuel and electricity subsidies in its 2019/2020 financial year, the finance ministry’s draft budget shows, but raising fuel prices closer to international levels could turn out…
Saudi Arabia’s oil giant Aramco is in “serious discussions” to buy up to 25 percent of the refining and petrochemicals businesses of India’s largest company, Reliance Industries, The Times of…
The President of Venezuela’s National Assembly and opposition leader Juan Guaido will try to win an annulment for an US$8.7-billion compensation awarded to U.S. supermajor ConocoPhillips by an arbitration court…
The United Conservative Party won the provincial vote in Alberta with an overwhelming majority, promising a harder line on energy issues as a champion for the oil industry. The…
Iranian oil exports have dropped this month as waivers are soon set to expire, Refinitiv Eikon and tanker tracking data showed, according to Reuters. The United States is set…
The American Petroleum Institute (API) reported a draw in crude oil inventory of 3.096 million barrels for the week ending April 12, coming in over analyst expectations of a
Independent Russian oil and gas producer Irkutsk Oil Company (INK), which has Goldman Sachs as a shareholder, stands out in the state firm-dominated sector in Russia and plans to…
Iran has shut down some oil fields in its southwest Khuzestan province bordering Iraq and the Persian Gulf, as the Islamic Republic is looking to control the damage from recent…
The State of Washington’s House of Representatives has just passed a bill to reduce vapor pressure limits on crude-by-rail shipments through the state. If the bill becomes law, analysts…
New registrations of fully electric vehicles (EVs) in the United States hit a record 208,000 cars in 2018, more than double the new registrations in 2017, business intelligence firm IHS…
Tesla has announced it has developed a unique battery recycling system at its Nevada gigafactory that can maximize the recovery of critical battery minerals including lithium and cobalt, the company…
The Nigerian army has destroyed one of the biggest illegal oil camps in the Niger Delta controlled and operated by oil thieves, local media report. The soldiers, according to…
Gazprom has begun buying natural gas from Turkmenistan after a three-year pause, under a 25-year contract signed in 2003 and suspended in 2016. Until 2010, Russia’s gas giant was…
Presidential hopeful Elizabeth Warren has promised, in a column on Medium, to ban all fossil fuel extractions on all federal lands and coastal waters. This move will no doubt…
Oil flow from South Sudan has not been affected by the political turmoil in its neighbor to the north, Sudan, the oil minister of South Sudan, Ezekiel Lul Gatkuoth, has…
The poorest nation in the Western hemisphere has seen its fuel supply increasingly challenged since a program designed by Venezuela to supply fuel and gain influence in the Caribbean…
Iraq is set to build an oil refinery of 150,000 bpd processing capacity in the northern city of Kirkuk, according to Iraqi Oil Minister Thamer Ghadhban. The ministry said…
South Korea’s imports of Iranian crude last month reached 1.2 million tons, or 8.8 million barrels which was a 23-percent increase on February and a fivefold increase in January, when…
Just two months after he tweeted a production figure forecast, Tesla’s chief executive has done it again just days after he had to appear in court because the Securities and…