Tensions between Israel and Iran…
The London Metal Exchange's ban…
Chinese FX outflows, often underreported…
BP made a mistake in its 2018 World Energy Outlook by underestimating the speed of renewables adoption, notably solar capacity. In an interview with Euractiv, BP’s chief economist, Spencer…
Hess Corp (NYSE:HES) reported on Wednesday a smaller-than-forecast loss for the first quarter of 2018 as higher oil prices and lower operating costs helped it to offset a decline…
An Italian design studio, Lazzarini Design, has launched a crowdfunding campaign to kickstart the construction of a floating city consisting of solar-powered pyramids. Solar panels and water turbines will…
Iran says that its crude oil exports to India have hit 700,000 bpd this month, with sales volume “unprecedented”, Iranian media report, quoting a statement by the Iranian oil ministry.…
A group of investors holding part of a secured US$2.5-billion bond issued by Venezuela’s PDVSA and maturing in 2020 are organizing ahead of an interest payment due to be made…
The UK will need to have one well per day fracked in the period between 2021 and 2035 if it wants to reduce its natural gas imports by 50 percent,…
Having slashed Saudi crude imports for May by 40 percent, China’s Sinopec—the largest oil refiner in Asia—will continue to cut imports of the flagship Saudi crude grade in June and…
Beijing’s investigation into energy giant CEFC has significantly affected the acquisition deal for an almost 15-percent interest in Russia’s Rosneft, but the talks between the companies have not been cancelled,…
The American Petroleum Institute (API) reported a surprise build of 1.099 million barrels of United States crude oil inventories for the week ending April 20, contrary to analyst expectations that…
Taiwan-based petrochemical giant Formosa Petrochemical Corp has selected St. James Parish in Louisiana for a US$9.4 billion chemical manufacturing complex, the office of Louisiana Gov. John Bel Edwards announced.…
Aramco Trading, the trading arm of Saudi Arabia’s oil giant Saudi Aramco, will be looking to trade up to 6 million bpd of crude and refined products by 2020, up…
The world’s biggest oil importer—China—is home to 99 percent of all electric buses globally, and as Chinese cities are adding e-buses at a break-neck pace, zero-emission city transportation is expected…
A Chinese electric vehicle maker, BYD, is attracting a lot of positive sentiment from analysts covering the company, according to a Bloomberg poll among 27 analysts. A total 18…
Sudan has invited Russian companies to take part in the development of its oil industry, Sputnik reports, quoting the adviser to Sudan’s energy minister. Abdel Zahir Mohammed said that…
Rystad Energy expects a strong performance from the oilfield service sector based on the first-quarter reports of the top three players in this field, which featured an average increase…
Two Chevron Corp. workers arrested in Venezuela last week could face treason charges, according to sources quoted by Reuters on Monday. The draft charges that used the word treason, seen…
Houston-based CenterPoint Energy and Indiana-based Vectren said on Monday that they had agreed to merge in a US$6-billion transaction to become a leading U.S. energy delivery, infrastructure, and…
U.S. crude oil and condensate exports to Europe are expected to hit an all-time high of around 550,000 bpd in April, according to shipping programs, and traders expect the record…
Despite the ongoing oil production cuts across OPEC, Kuwait has announced plans to expand its oil and oil product tanker fleet twofold over the next 20 years to 60 vessels,…
On Monday, Halliburton (NYSE:HAL) reported a net income for the first quarter, compared to a net loss for the same period last year, as the oilfield service group’s revenue…