The U.S. government is investing…
Drexel University researchers successfully tested…
Nissan aims to cut EV…
Energy analysts expect Energy Secretary Rick Perry might ask his Russian counterpart Alexander Novak for more oil to compensate for lost supply from the Iranian sanctions when they meet this…
GE plans to divest its 62.5-percent stake in oilfield services provider Baker Hughes over the next two to three years, as part of a plan unveiled on Tuesday to…
India is in talks with companies from the United Arab Emirates (UAE) to jointly bid for oil blocks in the Middle Eastern oil producing country, India’s oil minister Dharmendra…
A fresh wave of protests erupted in Iran over the weekend against the plunging value of the local currency and rising prices, in what some observers and analysts describe as…
Despite the fact that oil prices have increased to their highest in three and a half years, empty offices in Calgary—the heart of Canada’s oil industry—are at their highest since…
Iran’s revenues from oil exports hit US$50 billion in the Iranian financial year ended March 20, with oil and oil product exports accounting for 70 percent of all Iranian exports,…
The addition of half the Saudi population to the current number of drivers will significantly boost gasoline demand in the Kingdom and, according to Bloomberg, could in fact bring in…
Teslas may not be any greener than their gasoline counterparts, research from UK-based climate data provider Engaged Tracking has suggested, based on data about the CO2 emissions linked to the…
New Zealand’s ban on new offshore oil and gas exploration could cost it billions in lost revenues, the head of the country’s oil and gas industry body Pepanz said,…
The return of the U.S. sanctions on Iran will not impact an agreement between Iran and Iraq to swap crude oil, Iraq’s Oil Minister Jabbar al-Luiebi said on Friday.…
Sudan and South Sudan will discuss plans to recover oil infrastructure and production next week, the foreign minister of Sudan said on Friday. The oil talks will be held…
While the newly installed German government grapples with divisions over migration policies in its first 100 days of office, its inaction on energy policies and climate goals is angering…
Venezuela will be hard put to recover by end-2018 the crude oil production that it lost in the last couple of years, the country’s Oil Minister said during OPEC’s meeting…
This week marks the 30th anniversary of the first public warning that global warming had started, and climate scientists are assessing where the predictions of the NASA scientist who sounded…
The U.S. has asked Japan to completely stop importing Iranian crude, unnamed sources close to bilateral talks from earlier this week told Bloomberg. Japan has not yet decided how…
The U.S. sanctions against Venezuela are affecting consumers worldwide and are an attack on the oil market, Venezuelan Oil Minister Manuel Quevedo said on Thursday. The minister, speaking at…
Turkey said on Thursday that it would be accepting applications for the construction and operation of a 1,200-MW offshore wind farm—the world’s biggest—by October 23. The Renewable Energy General…
Clashes at Libya’s oil port of Ras Lanuf resulted in a third storage tank set on fire, a witness and an oil engineer told Reuters on Thursday. Over the…
The global oil industry needs to find “another Iraq or North Sea every year” to plug the shortfall of oil supply as demand continues to grow, Majid Jafar, the chief…
Chinese oil customers plan to reduce their intake of U.S. crude oil from September onwards to avoid a possible import tariff on American oil in China, due to the uncertain…