Polish President Andrzej Duda has…
The Kremlin has set an…
Insiders reveal that ADNOC is…
Anadarko Petroleum Corporation is selling for US$4.015 billion basically all of its remaining midstream assets to Western Gas Partners, a master limited partnership formed by Anadarko a decade ago…
As many nuclear power plants in the United States risk closure before their operating licenses expire, earlier shutdowns will not threaten the reliability of U.S. electricity, but could result in…
China’s crude oil imports averaged 9.61 million barrels a day last month, customs data cited by Reuters has revealed, with the agency noting the amount is the highest on…
Toshiba has decided to liquidate a nuclear power subsidiary in charge of a power plant project in the UK as well as its U.S. LNG operations, the company said in…
Australia’s Treasurer Josh Frydenberg said on Wednesday that he had advised a Hong Kong-based consortium that its US$9.4 billion (AUS$13 billion) takeover bid for APA Group, the largest…
Gabon has launched a new offshore exploration licensing round for 34 oil and gas blocks and plans to soon enact new legislation that would scrap the 35-percent corporate tax on…
Sudan, a relatively small African oil producer plagued by economic hardships since South Sudan seceded in 2011, wants to attract oil investments and will launch an exploration bid round next…
France aims to lead the European Union (EU) efforts in defying U.S. sanctions on Iran, by supporting the creation of a payment mechanism to keep trade with Iran and making…
Salesforce’s chief executive, Marc Benioff asked in a tweet Elon Musk to dig a tunnel under San Francisco, days after the Tesla CEO, who is also head of The…
While analysts were busy calculating how much Iranian oil will come off the market with the U.S. sanctions and whether Saudi Arabia and Russia are offsetting losses, crude oil production…
Pipeline operator Plains All American said it had expanded the capacity of its network in Texas, launching its Sunrise pipeline from the Permian to Cushing, Oklahoma, which boosted overall daily…
Canada’s Imperial Oil is preparing to launch the first new oil sands development in five years in Alberta, the company, which is a subsidiary of Exxon, said in a
The American Petroleum Institute (API) reported a crude oil inventory build this week, this time of 7.83 million barrels for the week ending November 2. The build was the fifth…
Iran is calling on OPEC to have its two committees set up to monitor compliance with the OPEC+ deal and review the state of the oil market stop working immediately,…
Brazilian state-run oil firm Petrobras (NYSE:PBR) reported on Tuesday a net income for Q3 surging more than 20 times compared to the profit for the same quarter last year…
Qatar Investment Authority will pay some US$4.2 billion (3.7 billion euro) for a 14.16-percent stake in Russia’s biggest oil producer Rosneft, thus becoming the third-largest single shareholder after the…
The United Nations Security Council voted to extend until February 15, 2020 the mandate of the Panel of Experts who oversee the sanctions targeting the illicit export of crude…
South Korea will resume Iranian crude oil imports at a rate of about 4 million barrels a month, S&P Global Platts reports, citing three unnamed South Korean sources. At…
After suspending all shipments of Iranian crude to Japanese refineries ahead of the November 5 launch of U.S. sanctions against Tehran, Japanese refiners are now preparing to resume Iranian oil…
U.S. gasoline prices dropped last week from the previous week by the most this year to their lowest level since April, according to GasBuddy, which monitors U.S. gas prices.…