Russia sees advantages in the…
Namibia wants to join OPEC…
Central Banks are reluctant to…
Juan Guaidó, the Venezuelan opposition leader recognized as the country’s interim president by the U.S. and several major European countries, plans to drop the requirement that Venezuela’s state oil firm…
Tesla is a step closer to imminently starting Model 3 deliveries in Europe as the first cargo ship loaded with its sedans arrived at a Belgian port last night,…
Despite having obtained U.S. waivers to continue importing Iranian oil, Italy and Greece have stopped buying Iran’s crude, Iranian Oil Minister Bijan Zangeneh said on Tuesday. “Among the Europeans,…
Last year, Venezuela repaid US$2.3 billion of the loan it had received from Rosneft years ago, but the Latin American country still owes another US$2.3 billion, excluding interests, Rosneft
Tankers carrying as much as 7 million barrels of Venezuelan heavy crude are sitting in the Gulf of Mexico awaiting some semblance of clarity on how the situation in the…
Four people were arrested in Minnesota yesterday for attempting to shut down an oil pipeline operated by Enbridge, the Associated Press reports, citing a spokeswoman for the group as…
The European Union (EU) is mulling over imposing more sanctions on Venezuela, but those sanctions will not be targeting the oil sector, as the bloc looks to punish individuals, not…
Gasoline prices in Russia are the cheapest in Europe, a report by state news agency RIA Novosti showed on Monday. RIA Rating collected and ranked the price of gasoline…
UK’s oil, gas, and chemicals group Ineos called on the UK government on Monday to either lift the seismicity limit on fracking from a currently “unworkable” and too-low ceiling,…
Tailpipe exhaust emissions in California are on the rise despite the state’s reputation as a leader in climate change initiatives, ranging from cleaner fuels and carpooling, to the highest EV…
China’s liquefied natural gas imports broke another record last month amid rising stockpiles that made some importers nervous, Reuters reports, citing industry sources as well as vessel-tracking data. The…
Elon Musk has reminded his huge Twitter following that all Tesla patents are public and the electric vehicle (EV) maker would “not initiate patent lawsuits against anyone who, in…
Two attacks by the Islamic State in Iraq occurred this weekend, targeting oil police and other security forces, local media report. "One member of an oil police unit died…
Natural gas and electricity networks in the United States have proved resilient during the polar vortex this week, while natural gas futures prices even dropped during one of the…
One of the large refiners in the U.S., Citgo Petroleum, owned by Venezuela’s state oil company PDVSA, has denied a report that it was considering filing for bankruptcy, among…
ExxonMobil (NYSE:XOM) reported on Friday earnings for the fourth quarter easily beating forecasts thanks to production growth, signaling that the Q4 oil price drop didn’t erode Big Oil’s profits…
Exxon and Qatar Petroleum will proceed with a US$10-billion expansion of their Golden Pass LNG import terminal in Texas to turn it into an export facility as well, Reuters
European buyers of the heavy crude produced by Venezuela’s PDVSA have put their purchases on hold in anticipation of sanctions against the government in Caracas to be announced by the…
BP will expand its reporting on carbon emissions under investor pressure and as the company seeks to improve its public standing amid increasingly urgent calls for climate action from…
Non-U.S. companies buying crude oil from Venezuela’s embattled state oil company PDVSA have until April 28 to wind down their purchases, the U.S. Treasury Department said in a note