U.S. utilities are struggling to…
Azerbaijan seeks to capitalize on…
Wood Mackenzie has said that…
At least three tankers loaded with liquefied natural gas (LNG) from Russian LNG facility Yamal have arrived in the United States recently, according to Russia’s Foreign Ministry spokeswoman Maria…
Russia prefers to stay out of any fresh oil production cuts led by OPEC’s leader Saudi Arabia, Reuters reported on Thursday, quoting two high-ranking Russian sources. Russia—which together with…
As Oilprice.com writer Cyril Widdershoven predicted in an October 2 article, Saudi Aramco is considering the listing of its downstream operations after it completes the acquisition of a sizeable…
South Korea did not import any Iranian crude oil in October, the second month in a row one of the world’s top oil importers has abstained from buying Iranian crude…
The American Petroleum Institute (API) reported a sizeable crude oil inventory build for the week ending on November 9th. The build of 8.79 million barrels was the sixth in as…
India’s crude oil imports from Africa jumped in October to their highest level in three years as Indian refiners rushed to secure more African barrels amid uncertainties over the…
Cyber attacks have grown bolder and increasingly creative and some of them target the shutting down of entire countries, not just disrupting oil and gas assets or stealing identities, according…
India is ready to import more crude oil and liquefied natural gas (LNG) from the United States to expand bilateral trade, India’s Foreign Secretary Vijay Gokhale said on Wednesday.…
Surging production from the world’s biggest oil producers have more than offset Iranian and Venezuelan supply losses, while demand growth in some developing markets is slowing, pointing to a global…
Chinese refineries processed an average of 12.43 million barrels daily last month, a little lower than the September record of 12.49 million bpd but still the second-highest monthly throughput rate…
Nigeria will raise its crude oil production to 1.8 million bpd in 2019 from around 1.6 million bpd currently, the head of the Nigerian National Petroleum Corporation (NNPC) told
Sudan expects it will be able to launch a bidding round for oil and gas blocks in the country in the third quarter of 2019, Sudan’s Petroleum Minister Azhari…
Today’s higher oil prices may have helped Arab Gulf economies to grow again, but risks remain with economies still vulnerable to sharp oil price movements, the International Monetary Fund (IMF)…
U.S. sanctions on Iran and OPEC’s efforts to stabilize the price of oil could lead to oil prices fluctuating in the $60 to $80 a barrel range in the short…
The United States will be the biggest contributor to global oil production growth in the period to 2040, accounting for 75 percent of the total, the International Energy Agency said…
OPEC expects global oil demand to grow at a daily rate of 1.5 million bpd this year, further slowing down to 1.29 million bpd in 2019, the organization said in…
Fujia Group and China Huayang Economic and Trade Group Co. Ltd have signed a strategic cooperation agreement to jointly establish a 20 million mt/year (400,000 bbl/day) refining-chemical complex in Dalian…
Natural gas will overtake oil as the second most popular energy source for power generation by 2040, the International Energy Agency said in its latest World Energy Outlook, adding…
Nigeria is looking for the extradition of former oil minister and the first female president of OPEC from the UK to face trial in her home country, because a corruption…
China has received its first cargo of liquefied natural gas (LNG) from the United States since it imposed in mid-September a 10-percent tariff on U.S. LNG imports in the heated…