The U.S. has reimposed sanctions…
Call options are currently trading…
Standard Chartered has predicted global…
Saudi Arabia has added 3 million bpd of oil export capacity to its West Coast on the Red Sea after the upgrade of Saudi Aramco’s Yanbu South Terminal, the state…
OPEC has urged all its members not to mention specific oil prices, to instead stick to the ‘market stability’ narrative in public comments about oil policies to avoid the risk…
Nevada Senator Dean Heller has proposed lifting the tax credit ceiling for electric cars, Reuters reports, citing the text of the proposal, which has not yet been made public.…
The breakeven price for Qatari crude oil has risen to US$47.10 per barrel this year from US$24.20 a barrel ten years ago, a Gulf think-tank has calculated. The Gulf Times…
As the timeline for repair works on Enbridge’s ruptured gas pipeline remains uncertain, British Columbia may experience natural gas shortages for months and well into the winter, and such…
The American Petroleum Institute (API) reported a surprise draw of 2.13 million barrels of United States crude oil inventories for the week ending October 12, compared to analyst expectations that…
Mexico wants Big Oil to start producing from the recently discovered oil fields in Mexico as soon as possible, incoming President Andrés Manuel López Obrador told foreign executives at a…
Mangalore Refinery and Petrochemicals, a subsidiary of India’s Oil and Natural Gas Corporation (ONGC), expects India to receive this month a waiver from the U.S. sanctions on Iranian oil,…
Major UK companies, including banks and retailers, are pledging to invest hundreds of millions of British pounds to cut their carbon footprint and to support new energies, the UK government…
A British seismologist has suggested the recent series of earthquakes in Surrey had no causal link to oil drilling activities being carried out in the region. Surrey Live quoted…
The number of casualties after an oil product pipeline explosion in Nigeria has reached 200, local media report, as people from local communities have gathered to protest the negligence…
The Nigerian National Petroleum Corporation (NNPC) has shut down a key oil product pipeline after late last week a fire broke out along the pipeline route, which the company…
Libya’s National Oil Corporation (NOC) warned on Sunday that it could suspend operations at the Zawiya oil refinery if competent authorities fail to address recent security incidents at the…
Although government support of renewables in India remains strong, the country faces “a myriad of challenges,” which will likely result in India falling short of its own renewable energy targets…
Protesters gathered on Monday morning outside a drilling site in northwest England, where fracking is returning for the first time in seven years, after a last-minute request for…
China’s independent refiners will probably increase their intake of foreign oil by 23.9 percent to 2.1 million bpd this month, a survey by S&P Global Platts has shown, thanks…
Oil and gas production in the Gulf of Mexico has started recovering after hurricane Michael, the Bureau of Safety and Environmental Enforcement said. With evacuated personnel now back to…
India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday.…
China’s importers of liquefied petroleum gas (LPG) have started to pay higher prices for procuring the fuel in recent months, as Chinese buyers are looking to source LPG from suppliers…
China’s total automobile sales dropped by 11.6 percent to 2.39 million units in September, the steepest drop since January 2012, due to slowing economic growth, pollution crackdown, and the…