Southeast Asian countries are heavily…
Russia continues its assault on…
China is raising from Wednesday…
California imported an average 447,063 barrels of crude oil by rail over the first nine months of last year, the latest data available from the California Supply Analysis Office has…
S&P Global Ratings cut its price outlook for Brent crude oil from US$65 to US$55 and for West Texas Intermediate from US$60 to US$50 for this year, citing a…
Business activity in the U.S. oil and gas sector slowed down considerably in the fourth quarter of the year as benchmark oil prices plunged by over a quarter, the latest…
The American Petroleum Institute (API) reported a crude oil inventory draw of 4.5 million barrels for the week ending December 28, compared to analyst expectations that we would see a…
OPEC’s January production is likely to come in lower than anticipated, a former Saudi Aramco executive said in a statement to CNBC on Thursday. The oil cartel agreed last…
Two third-generation nuclear power reactors are slated to begin operation this year in Finland and France, after years of delays and budget overruns, S&P Platts’ Henry Edwardes-Evans reports. The…
The ongoing partial government shutdown has delayed the release of the final plan for oil and gas lease sales of offshore blocks in the Gulf of Mexico, the Atlantic, and…
Libya’s largest producing oil field, Sharara, may be losing 8,500 bpd of crude to looters, the National Oil Corporation said today. The field, which normally yields some 315,000 barrels…
Tesla delivered 90,700 vehicles in the last quarter of 2018, more than all the cars it delivered to clients in 2017, the company reported. It also delivered a total…
Iraq’s oil exports jumped in December compared to November, as exports from the southern ports at Basra hit a record high and exports from the northern Kirkuk fields increased…
Iran is closer to achieving self-sufficiency in gasoline by raising its national production capacity to more than 100 million liters daily, Iranian media report. The increase will come from…
In a sign that Tesla is preparing to start construction of its first factory in China, Elon Musk said on Monday that he would be visiting China soon for the…
Energy companies in the Arab countries in the Persian Gulf may resume issuing more debt and borrowing more money for expansion plans after oil prices plunged by 40 percent…
Shandong’s crude imports hit an all-time high in December, as some independent refiners tried to use up their quotas for 2018. About 12 million metric tonnes of imported crude reached Shandong…
Iran’s oil sales to the four major crude buyers in Asia plunged in November to the lowest level in more than five years, as Indian imports slumped and South Korea…
Western Canada is producing 365,000 bpd more crude oil that current pipeline capacity can handle, a new report from the National Energy Board has revealed. According to the authority,…
The American Petroleum Institute (API) reported a surprise crude oil inventory build of 6.9 million barrels for the week ending December 21, compared to analyst expectations that we would see…
A new discontent is brewing in Canada’s oil patch—insolvent oil firms or energy companies trying to stay afloat amid low Canadian oil prices have started to lag in municipal tax…
Exxon is still drilling offshore Guyana despite a run-in with the Venezuelan navy last weekend, the company said, as quoted by Reuters. Initial reports from earlier this week said…
Cold weather and China’s consistent gasification efforts pushed liquefied natural gas imports into Northeastern Asia to a record-high, Reuters reports, citing data from its Refinitiv Eikon service. Since the…