China has emerged as a…
Tata Steel workers in Port…
Despite multi-year low natural gas…
Citgo Petroleum, the U.S. refining unit of troubled Venezuelan state oil firm PDVSA, said that the United States had revoked the U.S. visa of Citgo’s chief executive Asdrubal Chavez,…
Greenpeace activists staged on Thursday a protest outside the headquarters of UK bank Barclays in London, daubing the logo with a mock oil leak to protest against the lender’s…
Clashes between Islamic State militants and U.S.-backed Syrian Democratic Forces (SDF) continue in eastern Syria, where the Islamist terrorists try to keep control over an oil-rich area between the provinces…
A tanker loaded with around 514,000 barrels of oil has set sail from Vancouver en route to China in what is the largest shipment of oil from the Canadian port…
Kayrros estimates that more production capacity started to come online at the Elephant oil field and the Sirte basin fields on July 13, reducing total shut-in production in Libya to…
An automotive consultant who has been critical of the fit and finish of Tesla’s Model 3 is now praising the EV maker’s sedan as a “symphony of engineering” and the…
Within the next few decades, Big Meat and Big Dairy could surpass Big Oil as the world’s biggest climate polluters, a new study by non-profit GRAIN and the Institute…
To capitalize on the growing U.S. exports to Asia and Europe, Houston-based Enterprise Products Partners plans to develop an offshore crude oil export terminal off the Texas Gulf Coast…
Just a few days after Libya reopened its eastern oil ports and started to ramp up production that had been offline for weeks, the National Oil Corporation (NOC) declared…
Sales of electric vehicles (EVs) and plug-in hybrids in Europe’s top car markets rose by just 33 percent in the first half this year, compared to a 54-percent surge in…
If liquefied natural gas (LNG) projects come on line in British Columbia by 2025, they will also help boost Canada’s production of condensate—the ultralight oil extracted with natural gas—and the…
One of the world’s biggest private equity firms—the Carlyle Group—is looking to raise US$4 billion for a new fund to invest in oil and gas assets as it seeks to…
The American Petroleum Institute (API) reported a surprise crude oil build of 629,000 barrels of United States crude oil inventories for the week ending July 14 compared to analyst expectations…
Venezuela’s Oil Minister Manuel Quevedo has discussed plans with state-held oil company PDVSA to raise the country’s crude oil production in the second half of the year. While Venezuela…
As the world’s energy sector moves toward greater electrification, investments in electricity surpassed investment in oil and gas for a second consecutive year in 2017, the International Energy Agency (IEA)…
Norwegian oil and gas operator DNO ASA has boosted its oil production at the Tawke license in Iraq’s northern Kurdistan region by two-thirds to 25,000 bpd, the company said…
After nearly two months, Royal Dutch Shell has lifted the force majeure on one of Nigeria’s largest and most popular grades, Bonny Light, after a pipeline carrying the oil…
he U.S. Administration has rejected the request of Plains All American Pipeline to exempt its US$1.1-billion Cactus II pipeline in the Permian from the 25-percent tariff on steel imports…
Oil production in the seven most prolific US shale regions will hit new highs next month, according to the Energy Information Administration’s monthly Drilling Productivity Report released on Monday…
At least five people have been killed since the beginning of protests in southern Iraq’s oil hub earlier this month, as security forces respond with a hard hand…