Central Asia is emerging as…
Not since the Cold War…
Trump's two primary campaign promises,…
Shell is set to restart its 325,700-bpd Deer Park refinery in Texas, after shutting it down for three weeks during and after Hurricane Harvey’s sweep of the U.S. Gulf…
Nineteen protestors were arrested during a protest in Richmond, Virginia, against the construction of the Atlantic Coast and Mountain Valley natural gas pipelines. The demonstration of roughly 40 people…
After six consecutive monthly gains, U.S. industrial production fell by 0.9 percent in August as Hurricane Harvey hit Gulf Coast refining, chemicals, and plastics materials production, the Federal Reserve
Greek authorities continued to struggle on Friday to clean up an oil spill that occurred last Sunday when an oil tanker sank near the country’s main port, Piraeus, with the…
Even before Hurricane Harvey shut down more than 20 percent of U.S. refining capacity, U.S. diesel, jet fuel, and heating oil stocks had dropped during the summer months, for the…
In the aftermath of Hurricane Harvey, more than 22,000 barrels of crude oil, refined products, and chemicals spilled at various sites in Texas, according to company reports to the U.S.…
Chinese authorities have busted an oil smuggling group in the Fujian Province, in eastern China, that has since the start of the year smuggled fuel worth US$138 million, Xinhua
Aramco’s initial public offering remains on track for next year, the company told UAE’s The National in an email, following a report that suggested the initial schedule might be…
South Korea is eyeing independence from nuclear energy, to be implemented gradually over the next six decades, as it seeks to switch to safer clean energy sources. The country’s…
Trading sources say President Donald Trump’s new sanctions against Venezuela’s American refining unit, Citgo, have succeeded in making it difficult for the PDVSA subsidiary to order crude for its facilities,…
As many as 17 companies have registered to bid next month in two rounds of exploration license awards in Brazil’s pre-salt layer, Brazilian Oil and Gas Secretary Marcio Felix…
Houthi leader Abdel-Malek al-Houthi said his rebel alliance would begin attacking Saudi oil tankers should the Kingdom begin an offensive against the key Yemeni port of Hodeidah, according to…
Japan’s biggest refiner has just imported two of Angola’s crude grades for the first time in three years in a move that non-traditional buyers of Angolan oil like Japan could…
A BP-led consortium today inked an extension to its production sharing agreement with the Azeri government for the development of the Azeri-Chirag-Gunashli oil field group until 2050, BP said…
Venezuela has told oil traders it will no longer accept or offer U.S. dollars in payment for crude oil and fuels, the Wall Street Journal reports, citing sources familiar…
What’s been dubbed the biggest IPO in history, Saudi Aramco’s 5-percent listing, could take place later than initially planned, sources familiar with the deal told Bloomberg. The sources did…
Iranian and Syrian media have reported the signing, by officials from the two countries, of several agreements that would allow Iran to improve the production and distribution of electricity…
Seadrill Limited filed for bankruptcy protection on Wednesday after the company’s senior officials figured out a strategy to inject the company with $1 billion in new funds, according to a…
Rosneft endeavored to move an iceberg in the Arctic Ocean weighing over 1 million tons in order to prevent it from crashing into an oil platform, according to a…
Mexico’s oil hedge program for next year will be marginally higher than this year’s hedge, partially due to the liberalization of the gasoline prices, Mexican Finance Minister Jose Antonio Meade…