MicroStrategy is the world's largest…
Ofgem is exploring options for…
Oil prices may soon climb…
The UK Court of Appeal ruled on Wednesday that Nigerian communities cannot pursue Royal Dutch Shell in UK courts over oil spills in the oil-rich Niger Delta, upholding a…
Russian banks and Chinese institutional investors would like to invest in the initial public offering of Saudi oil giant Aramco, the head of Russia’s state investment fund said on…
Japan imported 1.295 million barrels of Saudi oil daily last year, which was a 9.5-percent annual increase and the highest import rate since 1982, Japanese government data showed. A local…
Russian Minister Alexander Novak does not plan to change his 2018 barrel price outlook currently at the $50 to $60 level, according to a new report by TASS. "My…
China and the Philippines have set up a panel to study ways of resolving their rival claims to parts of the South China Sea that may contain oil and gas…
The American Petroleum Institute (API) reported a build of 3.947 million barrels of United States crude oil inventories for the week ending February 9, according to the API data. Analysts…
A U.K.-based consortium plans to build an “Energy eBay” that should be functional by June, according to emerging reports from the tech sector. Bilateral trading on the site, developed…
The continental United States’ first very large crude carrier (VLCC) export shipment will contain crude from Shell sailing from the Louisiana Offshore Oil Port (LOOP), market sources told S&P…
Norway’s Finance Ministry sent a letter to Norges Bank on Tuesday, asking it to asses the impact that the planned listing of Saudi Aramco would have on the benchmark…
The Trump administration has put forth a proposal to Congress to sell assets of federal power companies to state and local entities, or private businesses. The proposal is part…
American Electric Power Co.’s Wind Catcher project received a blow from an Oklahoma state judge who said the project failed to prove sufficient need. More specifically, administrative law judge…
Exiting the OPEC output reduction deal could take between 2-5 months of negotiations, Russian Energy Minister Alexander Novak said on Monday, according to a report by Reuters quoting Interfax.…
Russian crude oil exports to Venezuela are rising as Caracas struggles to produce enough crude to supply refineries in its contracted network, according to a new report by S&P…
Cyprus and Turkey had a brief spat over natural gas reserves in the Mediterranean over the weekend, with Turkish officials escorting Eni’s drilling ship away from sensitive waters, according to…
The International Energy Agency (IEA) said on Monday that it had carried out the broadest ever emergency response exercise, with countries representing around 70 percent of global oil demand…
Mining bitcoins requires a great deal of computing power which in turn needs a lot of electricity to solve the mathematical puzzles that reward miners with cryptocurrency. China and South…
For yet another month, OPEC has revised up its expectations for non-OPEC crude oil supply growth this year, expecting—again—U.S. oil production to increase more than previously thought. In its closely…
U.S. President Donald Trump is expected to unveil an infrastructure plan on Monday, but it is already ripe for opposition in Congress because the plan offers few details on…
A consortium involving India’s biggest state oil company ONGC and two smaller companies have bought for US$600 million a 10-percent interest in the Lower Zakum offshore oil concession in the…
After in January media reported that the Iraqi government had invited BP to carry out a feasibility study on increasing production from the oil fields in the area around the…