• 4 days Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 6 hours Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 17 hours Something wicked this way comes
  • 4 hours America's Frontline Doctors - Safely Start Living Again!
  • 6 hours France Sees 10.6% EV Market Share In September — 4× Growth Year On Year
  • 24 hours A sneak peak into the US election
  • 6 hours Conoco Pledges ‘Net-Zero’ Emissions in Break With U.S. Rivals
  • 13 hours Permian in for Prosperous and Bright Future
  • 2 days covid. stop the carriers and thus stop the virus.
  • 16 hours Tesla Model 3 Is September's Top Selling Car of All Vehicles in Switzerland
  • 1 day California’s Electric Vehicle Dream Has A Major Problem: No
  • 2 days "COVID Kills Another Oil Rally" by Tom Kool 10/16/2020
  • 2 days Vote Biden for Higher Oil Prices
  • 2 days Ethanol present in gasoline
  • 2 days Is the coal industry on the way out?
  • 2 days Tucker Carlson responds to CDC after agency critiques commentary about mask-wearing
Could This Become The Next Big Shale Takeover?

Could This Become The Next Big Shale Takeover?

ConocoPhillips is reportedly in talks…

COVID Kills Another Oil Rally

COVID Kills Another Oil Rally

Yet another oil price rally…

Democrats Want Permanent Ban On Offshore Oil Leasing

Democrats Want Permanent Ban On Offshore Oil Leasing

Democrat members of the House…

News

Paraguay, Argentina Dispute Over Shared Hydroelectric Facility

Paraguay, Argentina Dispute Over Shared Hydroelectric Facility

Jul 20, 2011 at 21:24 | Joao Peixe

Paraguay and Argentina share interests in the Yacyretá hydroelectric dam. The tariffs for the power generated by the facility have now become an issue of contention, with Alfonso González Nuñez,…

South Korea, Malaysia Discuss Nuclear Energy Cooperation

South Korea, Malaysia Discuss Nuclear Energy Cooperation

Jul 20, 2011 at 21:23 | Charles Kennedy

South Korea's presidential office said in a press release that South Korean President Lee Myung-bak during a two-day state visit by Malaysian King Mizan Zainal Abidin discussed enhancing cooperation between…

Iran’s Southern Regions Producing 3 million Barrels of Oil Per Day

Iran’s Southern Regions Producing 3 million Barrels of Oil Per Day

Jul 20, 2011 at 20:22 | Charles Kennedy

Iran is currently the second largest oil exporter in the Organization of Petroleum Exporting Countries (OPEC), exceeded only by Saudi Arabia. According to National Iranian South Oil Company executive director…

Iran’s Relations with China Allow Bypassing UN Sanctions

Iran’s Relations with China Allow Bypassing UN Sanctions

Jul 20, 2011 at 20:21 | Charles Kennedy

China’s deepening relationship with Iran has significant international repercussions. The two countries’ diplomats have recently signed a number of agreements on increasing trade turnover and investments, which include expanding Iranian…

Oil Industry Workers See Foreign Influence Over Failure of Oil Bill

Oil Industry Workers See Foreign Influence Over Failure of Oil Bill

Jul 20, 2011 at 20:20 | Joao Peixe

Nigeria’s National Union of Petroleum and Natural Gas Workers (NUPENG) has blamed the influence of multinational oil companies for the failure of the Petroleum Industry Bill (PIB) in the National…

Uganda’s Oil Potential Arouses International Interest

Uganda’s Oil Potential Arouses International Interest

Jul 19, 2011 at 21:03 | Charles Kennedy

The French Ambassador to Uganda has said that the exploration for oil in the country is a key opportunity for Uganda’s government to press ahead with its development agendas. Speaking…

Burma, China Ignoring Environmental Warnings for Dam

Burma, China Ignoring Environmental Warnings for Dam

Jul 19, 2011 at 21:00 | Joao Peixe

The hugely controversial Myitsone dam in northern Burma, currently under construction by the China Power Investment Corporation, was the subject of a 2009 internal report by the company, which called…

India to Increase Investments in South African Energy Assets

India to Increase Investments in South African Energy Assets

Jul 19, 2011 at 20:56 | Charles Kennedy

India, which already imports massive amounts of coal from South Africa, is seeking to deepen its trading ties with Africa’s most advanced economy. India’s interest is not limited to massive…

Iran’s Six Months of Targeted Fuel Subsidies Deemed Successful

Iran’s Six Months of Targeted Fuel Subsidies Deemed Successful

Jul 19, 2011 at 20:30 | Charles Kennedy

On 19 December 2010 Iran introduced targeted subsidies in an effort to control inflation. Iran was urged to do so by international organizations such as the International Monetary Fund.

Kenya’s Oilibya Stops Paying Libyan Government

Kenya’s Oilibya Stops Paying Libyan Government

Jul 19, 2011 at 20:29 | Joao Peixe

Kenya’s oil marketing company Oilibya says it has suspended payments to the Libyan government. The announcement comes in the wake of sanctions issued by U.S. President Barack Obama.  

New Thai Government to Scrap Country’s Oil Fund?

New Thai Government to Scrap Country’s Oil Fund?

Jul 18, 2011 at 21:12 | Charles Kennedy

During a 1 July election rally, Pheu Thai party candidate Yingluck Shinawatra, expected to be first female Prime Minister when the Election Commission validates the recent poll’s results, said that…

India Granted a Waiver by Nuclear Suppliers Group

India Granted a Waiver by Nuclear Suppliers Group

Jul 18, 2011 at 19:45 | Joao Peixe

In 2008 the Nuclear Suppliers Group (NSG), the apex body that controls global nuclear commerce, granted India a waiver on the transferal of sensitive nuclear technologies despite the fact that…

World Bank Provides $99 Million Grant for Nepal Power Project

World Bank Provides $99 Million Grant for Nepal Power Project

Jul 18, 2011 at 19:43 | Joao Peixe

The World Bank is providing a $99 million grant for implementing the Nepal-India Electricity Transmission and Trade Project. World Bank country director for Nepal, and Bangladesh Ellen Goldstein said,…

National Iranian Oil Company to Issue $15 Billion in Bonds

National Iranian Oil Company to Issue $15 Billion in Bonds

Jul 18, 2011 at 18:24 | Joao Peixe

National Iranian Oil Company Managing-Director Ahmad Qalebani said that his company will issue $15 billion oil bonds in 2011. According to Qalebani, during March 2010-March 2011, there was a…

Pakistan to Include Iran in Currency Swaps

Pakistan to Include Iran in Currency Swaps

Jul 18, 2011 at 18:22 | Charles Kennedy

Pakistani President Asif Ali Zardari has proposed that Pakistan and Iran agree on currency swaps in order to strengthen relations. Zardari made the proposal during his meeting in Tehran…

Germany's Greens Criticize Govt. Over New Coal-Fired Power Plants

Germany's Greens Criticize Govt. Over New Coal-Fired Power Plants

Jul 16, 2011 at 19:21 | Charles Kennedy

Germany's Greens, buoyant following Berlin’s decision to shutter the country’s nuclear power plants in the wake of the March Fukushima nuclear catastrophe in Japan, are sharply critical of the government’s…

Iran’s Offer to Expand Sri Lanka’s Oil Refinery Rejected

Iran’s Offer to Expand Sri Lanka’s Oil Refinery Rejected

Jul 16, 2011 at 19:20 | Charles Kennedy

The Sri Lankan government has rejected Iran’s offer to assist in expanding the island’s Sapugaskanda oil refinery capacity from 50,000 to 100,000 barrels per day over a dispute on the…

Belarus Selling off its Energy Assets to Russian Firms

Belarus Selling off its Energy Assets to Russian Firms

Jul 16, 2011 at 13:12 | Joao Peixe

The handwriting on the wall of the parlous state of the Belarus economy, which in the past two decades has signally failed to reform itself, has become evident in Minsk’s…

China to Keep Rare Earths Export Quota at 2010 Levels

China to Keep Rare Earths Export Quota at 2010 Levels

Jul 15, 2011 at 20:05 | Joao Peixe

Seeking to quell fears among its trading partners, Beijing has announced that it will keep its 2011 rare earths export quota at 2010 levels. China currently supplies 97 percent…

Nigerian-Chinese Trade Soars

Nigerian-Chinese Trade Soars

Jul 15, 2011 at 20:04 | Charles Kennedy

Nigeria's total trade investments with China for 2011 now total $8.2 billion, compared to their 2010 level of $7.7 billion, according to China’s Economic and Commercial Counselor at its embassy…

Oilprice - The No. 1 Source for Oil & Energy News