BP's new oil production facility…
The United Kingdom needs to…
The U.S. Treasury and State…
French oil and gas major Total has officially left Iran due to the threat of secondary sanctions from the United States if it were to continue to do business…
U.S. supermajor Chevron has started work on a preliminary contract with the Iraqi government for the development of oil fields in southern Iraq, Reuters reports, citing Iraq’s Oil Ministry.…
Citing $1 trillion in planned investments lost since the market downturn began, Aramco’s chairman of the board of directors Khalid Al-Falih issued a battle cry to the world’s other oil…
Persisting security concerns over Libya’s oil export capacity and the political divisions in the country fetch large tanker freight premiums for shipowners daring to call at Libyan ports for crude…
The ‘bill from hell’ of hard-hitting sanctions against Russia that U.S. Senators introduced earlier this month is unlikely to have a wide-ranging impact on Russia’s oil industry, analysts and economists…
Just as Libya’s oil production recovered to a two-month high of over 1 million bpd, fresh protests at the oil terminal and refinery servicing the country’s largest oil field, Sharara,…
French supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of the company said at…
The Securities and Exchange Commission has been investigating Tesla for misleading statements about its Model 3 for months, unnamed sources in the know told the Wall Street Journal, long…
Profit margins from gasoline refining in Asia jumped to one-year highs after Indian refiner Reliance Industries declared on Wednesday force majeure on exports of its predominantly export-oriented Jamnagar refinery…
Workers at three oil and gas platforms in the North Sea operated by Total will go ahead with the planned 24-hour strike on August 20, after a meeting with…
The UK government’s latest quarterly public attitudes tracker has dropped the question about how people feel about fracking, just as Cuadrilla Resources is preparing to start hydraulic fracturing in…
Angola’s new President Joao Lourenco continues with reforms aimed at reversing the country’s oil production decline, by creating an agency that will sell and manage oil blocks instead of…
German company ADL and Iran’s Sepahan Oil Company (SOC) have signed an agreement to cooperate in technology transfer in oil and gas industry lubricants, Iranian media report. European embassies…
A cheaper rupee could increase India’s crude oil bill by as much as US$26 billion in FY 2018/19, according to Indian government officials. The currency hit a low of…
China Gas plans to increase its annual imports of liquefied petroleum gas from 2.8 million tons to 10 million tons during the next five years as it enters the petrochemicals…
The Iraqi Oil Ministry has banned the use of Kurdish words in official documents, threatening Kurdish employees with lawsuits if they violate the ban, Kurdish media report, citing a…
Tullow’s TEN oilfield will reach full capacity in 2020, according to Tullow’s external affairs director Cynthia Lumor, cited by Reuters. Tullow’s current capacity in TEN (Tweneboa, Enyenra, and Ntomme)…
The latest US auction for offshore leases failed to attract as much interest as many had hoped, with the results mildly superior to the previous auction for offshore leases conducted…
Chinese refiners may have been relieved by Beijing’s decision to remove U.S. crude oil from the list of goods in the latest tariff tit-for-tat with the United States, but…
Iran’s Oil Minister Bijan Zanganeh will attend the September meeting of the Joint Ministerial Monitoring Committee of OPEC and Russia and will probably press his OPEC partners to preserve original…