Asian refiners are reducing their…
Russian President Vladimir Putin visited…
The European Commission presents a…
A junior Canadian gas E&P company has shut down abruptly, leaving as many as 4,700 wells behind, CBC reports, quoting…
India has asked the United States if it would be flexible in allowing India to continue importing Iranian crude oil despite the end of the sanction waivers on May 1,…
As the acquisition war rages on over Anadarko, some analysts are suggesting that there will be additional mergers and acquisitions as major oil companies seek to increase…
The U.S. Department of the Interior plans to announce on Thursday the final draft of proposals to roll back some offshore oil drilling requirements imposed after the Deepwater Horizon disaster,…
Some scientists and a British Columbian politician say that the oil tanks of the Trans Mountain on Burnaby Mountain would represent a huge risk to residents in the area…
The small West African country Gambia has awarded BP the exploration rights to drill for oil and gas in an offshore block which another company claims it has the rights…
The Abu Dhabi National Oil Company (ADNOC) is launching Abu Dhabi’s second competitive bid round for oil and gas exploration of conventional and unconventional resources, the state…
The leader of the Houthi uprising in Yemen, Mohammed Ali al-Houthi, has asked the United Nations to sell a cargo of crude to generate revenues that will be used for…
The American Petroleum Institute (API) reported a surprise build in crude oil inventory of 6.81 million barrels for the week ending April 26, coming in over analyst expectations of a…
Warren Buffett’s Berkshire Hathaway has committed to invest US$10 billion in equity in Occidental Petroleum if Occidental completes its proposed acquisition of Anadarko, Occidental said on Tuesday, a day…
Poland has tapped into its emergency oil reserves in order to keep key refineries operating after contaminated crude oil forced the shutdown of the Druzhba oil pipeline carrying oil from…
The biggest oil importers in Asia collectively bought 1.57 million bpd of oil from Iran in March, a 36-percent surge over February, as buyers rushed to use up the U.S.…
Venezuela’s opposition leader and self-declared interim president Juan Guaido has announced what he has termed the “final phase” in the opposition’s plan to take over the country from the Nicolas…
An Irish-based company has designed CO2-sucking metal columns that can clean up part of the carbon emissions released by cars. The company plans to install 1,200 such “metal trees” in…
More companies see environmental issues as their top concern when making decisions regarding energy investments, a PwC survey among UK businesses has found. The PwC & Energy UK B2B…
Michigan’s Attorney General Dana Nessel has threatened to “use every resource available” to shut down Enbridge’s Line 5 oil pipeline that runs under the Straits of Macinac, in a statement…
A new study published today by Rystad Energy forecasts that there will be more than a million kilometers of new oil and gas wells drilled by 2023 globally; the…
In the months leading up to the Chevron and Occidental (NYSE: OXY) bids for Anadarko Petroleum Corp (NYSE: APC), there were suspicious purchases of Anadarko securities, according to the Securities…
Anadarko Petroleum Corporation said on Monday that it plans to resume negotiations with Occidental Petroleum after Occidental announced last week a proposal to buy Anadarko at a higher price…
Natascha Engel, UK’s shale gas commissioner of six months has handed in her resignation, calling the earthquake rules adopted by the government “ridiculous” and an effective “ban on fracking.” The…