China is finishing the Al-Faw…
Four projects were planned offshore…
Following a rally in energy…
Turkmen President Gurbanguly Berdymukhammedov has vowed to spend tens of billions of dollars to prop up the country’s oil-and-gas sector, which has been hurt by low global prices and falling…
Hydrocarbon projects in India will get a US$300 billion boost over the next ten years as New Delhi prepares to grapple with growing energy demand in the subcontinent, Oil Minister…
Record-high U.S. crude oil exports are putting pressure on North Sea oil as American oil is now flowing to Europe and to the prized Asian market, which has become…
Iraq’s Oil Minister Jabbar Al-Luiebi has ordered state-held oil and pipeline companies to begin restoring oil flows from Kirkuk to Turkish port Ceyhan via a pipeline that bypasses Kurdistan, increasing…
Several years of underinvestment in large oil projects could lead to oil price spikes of $80-$100 per barrel by the 2020s unless mega projects are sanctioned very soon, Jonathan Chanis,…
Saudi Arabia plans to export 7.1 million barrels of crude daily next month, substantially more than what it said it would ship abroad from August this year on, a…
Bayelsa, a state in the Niger Delta region of Nigeria, will search for non-oil natural resources to diversify away from its main commodity—oil. This is what the state’s new commissioner…
Brazil is on its way to gain a new clean energy venture in Votorantim, a private company that plans to create a wind, solar and hydropower company, according to a…
Iraqi Vice President Ayad Allawi fears a civil war within his country if issues regarding the Kurdish independence referendum remain unresolved, according to a new report from AP. Kurdish…
Chevron and Total SA are interested in working at Iraq’s Majnoon oil field that Shell says it wants to exit, but no talks with the U.S. or French company have…
SHANGHAI (Reuters) – Taiyuan, the capital of China’s northern province of Shanxi, which is known for its coal production, has banned the sale, transport and use of most coal as…
Argentina’s losses on its oil and gas assets, as well as its labor disputes, have prompted China’s Sinopec to consider selling its operations in the country. Sinopec advisors have offered…
Statoil has struck oil in the outer Moray Firth on the UK Continental Shelf in the North Sea, with preliminary results suggesting the discovery could range anywhere from 25 million…
Russia’s oil giant Rosneft has closed the deal to buy from Italy’s Eni a 30-percent stake in the offshore concession in Egypt where the giant Zohr gas field is located,…
Chevron has announced the start of production at its Wheatstone LNG offshore project in Australia, with exports from the facility due to begin in several weeks. Initial plans had…
De facto OPEC leader Saudi Arabia plans to reach a consensus on the future of the bloc’s production limits prior to the deal’s one-year anniversary in November, according to comments…
Russia’s biggest oil producer, state-controlled Rosneft, is aiming to almost double its crude oil exports to China through Kazakhstan, Reuters reported on Friday, citing three industry sources, in what…
Canadian mid-cap oil and gas drillers could actually benefit from the slower production growth because it would boost capital efficiency and lower risks, according to research by Barclays. Canada’s…
Puerto Rico governor Ricardo Rossello will engage in a dialogue with Tesla visionary and CEO Elon Musk about the possibility of Tesla bringing Puerto Rico’s power grid back to functionality…
The official selling prices (OSPs) that Saudi Arabia set for its Asia-bound crude oil for November were met with mixed reactions from traders who had expected lower price hikes…