Crude oil prices went lower…
The global upstream M&A market…
WTI crude found resistance at…
Iraq will today sign an agreement with BP for the development of oil fields around Kirkuk, according to an unnamed Iraqi official who spoke to Reuters. The government first approached…
Kinder Morgan said it would have to delay the start of the expansion of its Trans Mountain pipeline by another three months, to December 2020, its chief executive Steve Kean…
Just a couple of days after it acquired a hefty stake in a U.S. solar company, Shell has made another solar move, closing a power supply deal with…
The American Petroleum Institute (API) reported a large draw of 5.121 million barrels of United States crude oil inventories for the week ending January 12, marking seven large draws in…
Official advisors to Caracas recommend that the Petro—a new oil-backed cryptocurrency set up by the Venezuelan government to circumvent U.S. sanctions—be sold at a discount of up to 60 percent,…
American crude oil output is set to rise by 1.8 million barrels per day from the nation’s largest shale producing areas over the next year, according to new forecasts…
Despite the fact that part of the Arctic National Wildlife Refuge (ANWR) has been declared open to drilling, low oil prices and abundance of onshore shale deposits makes the Arctic…
Norway should map the northernmost areas of its part of the Barents Sea close to the Russian maritime border in order to protect its economic interests in the Arctic, Norway’s…
EDF Energy—the developer of the first new nuclear power plant in the UK in a generation, Hinkley Point C, is confident that it can put the first unit into…
Sanchi, the Iranian tanker carrying condensate to South Korea that crashed into a Chinese freight ship on January 6 and sank earlier this week, has produced two oil slicks, Chinese…
Saudi Arabia has excluded Swiss UBS, Bank of America Merrill Lynch, and Barclays from the select group of investment banks invited to pitch for the role of coordinators in the…
Volume constraints on the Keystone pipeline system levied by U.S. regulators have widened the spread between Western Canadian Select crude prices and benchmark American crude prices, but the…
Norway awarded a record seventy-five new offshore oil exploration leases to companies in its latest bidding round, according to a new report by Reuters. “The number of licenses is…
The Chinese appetite for clean energy has boosted international investments in solar energy, according to a new report by Bloomberg. Renewables and clean energy innovators won $333.5 billion in…
Chevron expects to restart drilling in the semi-autonomous Kurdistan Region in Iraq and is taking steps to remobilize staff and equipment, The Wall Street Journal quoted a Chevron spokeswoman…
India has increased the estimates of its oil and gas resources by 50 percent from the volumes assessed more than 20 years ago, the country’s oil regulator said, just days…
India’s Reliance Industries has increased the capacity of its export-oriented refinery at the world’s biggest refinery complex by 30 percent to 704,000 bpd, an Indian government report has said.…
Nigeria is the second-worst country in terms of electricity supply out of 137 countries ranked by the Spectator Index. It is second only to war-torn Yemen, and its national…
Colombia’s Transandino pipeline stopped operating on Sunday after a bomb planted by ELN rebels caused a crude spill into a nearby river, according to a joint announcement by Ecopetrol and…
Royal Dutch Shell approved a deal on Monday to buy a 43.8 percent stake in Silicon Ranch Corp, a solar energy company currently owned by the Partners Group’s energy portfolio.…