Nuclear’s revival might be dead…
Geothermal energy, once a niche…
Canada faces an escalating threat…
Kenya plans to allocate 30 percent of future oil revenues to the community where the crude oil has been discovered, backtracking on a previous proposal to cap revenues at…
Russia’s state-controlled oil giant Rosneft and Chinese energy company CEFC—which has agreed to buy 14 percent in Rosneft—are deepening their strategic cooperation by signing an agreement to study the possible…
Aramco is highly unlikely to list on the New York Stock Exchange, Mark Mobius, executive chairman of Templeton Emerging Markets Group, told CNBC. The reason: risk of litigation. Interestingly,…
West Virginia’s shale gas business is getting an $83 billion investment from the world’s largest power company, China Energy, according to a new report by The Washington Times. “Expanding…
Capital spending at Saudi Arabia’s state-owned oil company should pass $100 billion over the coming financial year, according to a top official at Aramco. The announcement comes less than…
Saudi Arabia will reduce oil exports to oil regions as a further measure to end the global oil supply glut to boost barrel prices worldwide, according to a new report…
Brazilian energy policy council CNPE approved on Thursday the fourth round of auctions for the coveted pre-salt oil blocks and set the date of the auction for June 7,…
Thanks to huge cost cuts across the board and recent oil price improvement, Big Oil exited the survival mode in which it had languished for three years, and the pressure…
While bondholders of PDVSA debt are waiting to receive the latest bond payment from Venezuela’s cash-strapped state oil firm, the company is six months behind in payments to the…
The UK Treasury is finalizing a $2-billion loan guarantee for Saudi Aramco just as Britain is trying to lure the Saudi oil giant to pick London for the international venue…
UK utility ESS is in a rush to merge its household electricity supply business with German peer Innogy and exit the household power market ahead of a government move…
It may sound a bit strange amid rising oil prices that one of the largest oil companies in the world is boasting it can break even at below US$40 a…
Government data indicates American output hit an all-time high last week, signaling the resilience of North American drilling as oil prices begin another recovery. The U.S. produced 9.62 million barrels of…
Citigroup predicts that companies planning to profit off of an OPEC deal extension next month are setting themselves up to be disappointed. So far, most hedge funds bet that…
U.S. Senators Debbie Stabenow and Gary Peters of Michigan are raising serious concerns about the conditions of Enbridge’s Line 5 Pipeline running through the Straits of Mackinac and are
ConocoPhillips (NYSE:COP) plans to extend share buybacks for another year to boost capital spending to $5.5 billion annually through 2020, based on a flat real WTI price of…
A source at a state-run natural gas company in Tajikistan has told media that they are finalizing negotiations to resume the import of gas from Uzbekistan after a five-year hiatus.…
In a rather unexpected move, China raised the crude oil import quotas for “non state trade”—basically for independent refiners—by 55 percent for 2018 compared to 2017, signaling that it could…
After months of negotiations, Shell has agreed to hand over its stake in Iraq’s large Majnoon oil field to state-held Basra Oil Company by the end of the first half…
Crude oil production in the Bakken shale in North Dakota has been experiencing some major challenges lately, but it is firmly on the growth path, said the state’s Department of…