New research from Goehring and…
A pick-up in freight activity…
The Biden administration is dealing…
Saudi Arabia and Russia have agreed that OPEC and non-OPEC allies should announce an extension of the cuts at the highly-anticipated meeting in Vienna on November 30, Bloomberg reported…
Germany’s chemicals company BASF said on Friday that it was in talks to potentially merge its oil and gas business, Wintershall Group, with the oil and gas operations of…
Clearing the way for its plans for mega-mergers among state-held oil and gas companies, India is now exempting such mergers and acquisitions deals from seeking mandatory approvals from the…
Turkey aims to have $5 billion in wind energy investments by the end of this year, with the awarding of additional wind capacity tenders, the president of the Turkish Wind…
U.S. oilfield services group Weatherford International has hired advisors, including Morgan Stanley, to help it sell some of its units beginning early next year, in an effort to offload some…
A draft agenda for next week’s meeting of OPEC’s energy ministers suggests the decision to extend the oil production cuts until the end of 2018 is all but made,…
Nigeria’s state oil company is venturing into renewable fuels with a contract that will see a bioethanol plant built in the state of Kebbi, in northeastern Nigeria. The plant…
Russia’s government approved on Thursday a plan to introduce a profit-based tax on the oil industry, expected to come into force on January 1, 2019, later than previously thought.…
Oil product shipments at some refineries in France owned by ExxonMobil and Total SA were disrupted on Thursday as French labor union CGT is staging a 24-hour strike in the…
Kurdistan’s crude oil exports increased in the past couple of days, but oil flows are still well below the levels seen before the independence referendum in the semi-autonomous region that…
The OPEC/non-OPEC production cuts hurt Russia’s economic growth in October, Economy Minister Maxim Oreshkin said on Thursday in the first negative comment about the pact from a high-ranking Russian…
Aramco is in talks with Chinese petrochemical producers that are building new plants to supply them with crude, a company vice-president told Bloomberg. The talks are part of Saudi…
A group of environmental organizations have claimed an important victory in their battle against the Keystone XL oil pipeline project. A federal judge has granted approval for their lawsuit against…
Venezuela’s President Nicolas Maduro appointed the cousin of late Hugo Chavez, Asdrubal Chavez, as the new head of PDVSA’s U.S. refining and marketing business, Citgo. The announcement comes in…
This week, the British Oil & Gas Authority (OGA) reported that 68 companies had applied to operate one or more of 239 different blocks located off the United…
The duration of the clean-up effort from the Keystone oil spill may span weeks, according to a report by Reuters, and South Dakota’s environmental regulator is unsure of how…
The UK government will introduce tax changes from November 2018 to encourage new entrants and fresh investments into the mature fields of the UK Continental Shelf in the North Sea,…
In a bid to reduce gas flaring and pay off outstanding reparations for the 1990 invasion of Kuwait, Iraq has hired Japanese firm Toyo Engineering to help it build a…
Commodity trader Trafigura raised the share of direct oil purchases from national oil companies in its total trade, while the value of its direct deals with state firms rose by…
Germany’s energy group Uniper has rejected a $9-billion takeover offer from Finnish energy firm Fortum because the offer price doesn’t reflect the German company’s true value and is not…