China is finishing the Al-Faw…
Precious metal prices surge, particularly…
The London Metal Exchange's ban…
A presidential candidate from the People’s Democratic Party has said the Niger Delta communities could keep all of the revenues the oil-rich province produces. In an interview with the…
Iraq resumed on Friday oil exports from the Kirkuk province, a year after it had stopped oil flows from the area due to a dispute with the semi-autonomous Kurdistan region,…
The U.S. Department of the Interior said on Thursday that it intends to prepare an Environmental Impact Statement (EIS) for a potential 2019 oil and gas lease sale in…
Sales of used hybrid, plug-in hybrid, and electric vehicles (EVs) in the UK jumped by 28.6 percent annually in the third quarter of 2018, the Society of Motor Manufacturers &…
OPEC’s member Venezuela—which is sitting on the world’s largest crude oil reserves but which is suffering the worst loss of oil production in history outside of war-induced outages—is getting ready…
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…