Baghdad is repairing the Kirkuk-Ceyhan…
Sudani wants to strengthen Baghdad’s…
In the short term, oil…
India’s currency, the rupee, hit a new record low against the U.S. dollar on Thursday on the back of rising oil prices, end-month demand for dollars, and concerns about…
The closure of a dock at a key Venezuelan port could delay the shipment of around 5 million barrels of Venezuelan crude oil to Russia’s Rosneft, adding to Venezuela’s troubles…
For the first time since 1993, Denmark is on track to become a net oil importer this year, as oil production in the Danish part of the North Sea will…
Like the other Chinese state oil majors, PetroChina—the country’s largest oil and gas producer—has also benefited from the higher crude oil prices and strong refining margins this year, reporting doubled…
Brazil’s oil regulator ANP has approved the applications of six companies—including Big Oil’s BP, Shell, and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt…
Dyson, the company founded by Sir James Dyson—the British billionaire inventor of the bagless vacuum cleaner—announced plans on Thursday to build a test track on a renovated historic airfield…
Iraq is waiting in the wings, ready to increase its crude oil exports in anticipation of slipping Iranian oil exports waiting only on the go-ahead from OPEC, acting director-general of…
India will “definitely” not cut off entirely its crude oil imports from Iran, but it expects to have more clarity on its oil purchasing strategy amid the U.S. sanctions on…
Despite the ongoing U.S.-China trade war and the upcoming U.S. sanctions on Iran’s oil exports, China’s and Asia’s biggest refiner, Sinopec, will continue to buy crude oil from both the…
In the first physical settlement of the Chinese yuan-denominated oil futures contract, five companies will deliver a total of 600,000 barrels of Middle Eastern crude grades to buyers of the…
While Nigeria’s President Muhammadu Buhari is said to be withholding signing the country’s new petroleum bill into law over concerns that it strips the president of powers over the industry,…
Ford asked the U.S. government back in 2015 if the cars it makes for the police could be exempt from the new mandatory rule for electric vehicles (EVs) and hybrids…
Trinidad and Tobago’s state oil firm Petrotrin is ending its oil refining business effective October 1, in response to hefty losses due to the cash it has been spending on…
In what could be a U-turn in Mexican energy policies over the past five years, the incoming administration is thinking of indefinitely halting competitive tenders for oil and gas in…
Following four consecutive months of declining oil imports, China’s independent refiners boosted crude oil imports in August by 40 percent from July, as many returned from maintenance to prepare for…
The American Petroleum Institute (API) reported a surprise oil inventory build of 38,000 barrels of United States crude oil inventories for the week ending August 25, compared to analyst expectations…
Sales of battery electric vehicles and plug-in hybrids in Europe jumped by 42 percent annually in the first half of 2018, hitting the 1-million milestone, with the plug-in share of…
Decommissioning costs for Brazil’s mature, offshore Campos basin could come it at a whopping US$8 billion through 2025, but according to Wood Mackenzie, investing that same amount instead in…
France’s Environment Minister, Nicolas Hulot, is calling it quits, citing an “accumulation of disappointments” in his government with regards to meeting climate change goals, Hulot explained in on live radio…
The biggest financial services group in Norway and a major lender to the oil and gas sector, DNB, expects more restructuring in the industry ahead, but on a smaller, more…