Africa has a chance to…
The World Bank predicts stable…
In an exclusive interview with…
Key oil ministers and company executives will gather in Russia later this week for the St. Petersburg International Economic Forum, and expectations are that the business meeting will provide the…
Russia should explore the Crimean continental shelf for natural gas, the head of the Russian Academy of Sciences told RIA Novosti during a three-day visit on the peninsula. “The…
PetroChina supplied 14 percent more natural gas to its customers last month, parent CNPC said, in response to growing demand. Over the first four months of the year, PetroChina…
Tesla (NASDAQ:TSLA) shares were pointing to a positive opening on Monday after Elon Musk tweeted over the weekend that a dual motor, all-wheel drive performance Model 3 will…
Large global investors—representing a combined US$10.4 trillion worth of assets under management—urged oil and gas companies on Friday to start acting responsibly in tackling climate change, putting pressure on Big…
A delegation including almost a hundred businesses from British Columbia as well as labor union and Aboriginal community leaders are visiting Edmonton to demonstrate their support for the expansion…
Kenya has stored 70,000 barrels of oil in the north of the country, waiting to be trucked to the Mombasa port for pilot exports, but revenue sharing talks are still…
The Nigerian subsidiary of Shell has declared force majeure on Bonny Light exports because of the shutdown of the Nembe Creek pipeline, which has led to the accumulation…
West African country Ghana, a relative newcomer to the oil industry, plans to award as many as nine offshore blocks off its west coast in 2018 and 2019, Ghana’s…
Oil ministers from both the United Arab Emirates and Saudi Arabia reaffirmed on Thursday their commitment to ensure the steady supply of oil, even though the recent oil price hikes…
The UK government announced on Thursday plans to facilitate timely decisions on shale gas exploration planning applications in England as part of a plan to reduce dependence on gas…
Vitol, Glencore, and Shell—the three biggest oil traders in the world—are in the running to buy the Nigerian oil assets of Brazil’s state oil firm Petrobras, Reuters reported on…
Gazprom is advancing with the construction of its Power of Siberia pipeline to China, which is now 83 percent complete, as the Russian gas giant looks to supply more…
Elon Musk says that Tesla won’t need to raise money this year, but by 2020 the company may need to raise more than US$10 billion to fund its ambitious…
Russia’s Rosneft earlier this week announced that it had started drilling a production well off the coast of Vietnam in the South China Sea. Today, two sources close to…
As Brent climbs closer to US$80, Asia’s oil expenses could reach US$1 trillion, Reuters reports, citing robust demand and a stronger greenback. This would likely have a marked negative…
Iran is expecting to see a decline in its crude oil exports to South Korea as a result of U.S. sanctions on tanker transport, the managing director of the National…
British Columbia is planning to take Alberta to court over legislation that will give Alberta the powers to turn the oil taps to B.C. off, B.C.’s PM and Attorney General…
Spain’s oil and gas company Repsol will stop pursuing production growth in its upstream oil and gas division as it is getting ready for the energy transition, Bloomberg reports,…
Total SA has announced it will not go ahead with its South Pars Gas Project (SP11) unless it is granted a specific project waiver by the United States, along with…