Ofgem is exploring options for…
Morgan Stanley remains pessimistic about…
The global nickel market is…
Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the terroristic Islamic State, an announcement from the…
Oil producers in Canada are having trouble finding rail space for their commodity due to a pipeline shutdown that caused a backup in Alberta tank farms. “It’s hard for the…
Venezuela’s cash-strapped state oil firm PDVSA said that it had initiated bank transfers on Thursday to pay US$539 million in interest on four separate bonds, just hours before…
China National Petroleum Corporation (CNPC) is mulling the taking over of the majority stake in an Iranian gas project from Total if the French company walks out of Iran to…
BP today announced the acquisition of a 43-percent interest in solar power company Lighthouse for US$200 million, following in the footsteps of peers Shell and Total, which have been…
Tesla is opening on Friday a brand-new showroom in New York where it will sell cars, batteries, and solar panels all under one roof, and the new store opening…
Petrobras chief executive Pedro Parente said at an event yesterday that the company was preparing to announce a partnership for the development of the prolific Campos Basin that would extend…
Venezuela has sold its stake in the Cienfuegos refinery to its partner in the joint venture, Cuba. Venezuela’s state oil company PDVSA held 49 percent in the refinery, and according…
Short sellers, beware. Famed short trader Jim Chanos believes that Tesla shares are “headed for a brick wall” in the near future, according to a new report by Bloomberg.…
An Oslo-based pension fund will divest investments made in oil sands and coal extraction ventures, according to a new report by Pensions&Investments. The $70.8 billion investment fund announced the…
While OPEC producers have decided to roll over the production cuts to the end of 2018, non-OPEC supply will increase more than previously expected, and total supply growth could exceed…
Goldman Sachs predicts a banner year for Big Oil in 2018 thanks to a boost in available cash to fund expensive oil exploration projects and pay out dividends to investors,…
OPEC oil producer Nigeria will issue next week the first sovereign green bond in Africa, and will use the proceeds to finance renewable energy micro utilities and forestation programs, Nigeria’s…
The governors of Nigeria’s 36 states approved on Thursday the release of $1 billion from the country’s Excess Crude Account to fight the Boko Haram Islamist terrorists in northeastern…
Syria plans to start gas exploration in its offshore areas in early 2019, and has signed contracts for five offshore blocks with “friendly countries”, local media quoted Syrian Oil and…
The Australian Competition and Consumer Commission blocked BP’s US$1.4-billion (A$1.8 billion) acquisition of Woolworths’ fuel station network after months of negotiations. According to the competition regulator, the deal would be…
Colombian oil companies plan between $4.5 billion and $4.9 billion in investments in 2018, increasing their budgets from this year, but still missing the mark on how much capital is…
Landowners with property affected by the TransCanada Keystone XL pipeline are environmentalists’ newest allies in the fight against the facility’s construction, according to a new Reuters report. The Bold…
The value of Venezuelan oil company PDVSA’s debt bonds stood at 19.25 cents on the dollar, according to the results of the first stage of an auction to land…
Saudi Aramco is seeking by the end of 2017 proposals from banks willing to be global coordinators and bookrunners of the highly anticipated initial public offering (IPO) of Saudi Arabia’s…