• 10 mins India’s Reliance Boosts Export Refinery Capacity By 30%
  • 2 hours Nigeria Among Worst Performers In Electricity Supply
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  • 5 days Rigid EU Rules Makes ICE Move 245 Oil Futures Contracts To U.S.
  • 5 days Norway Reports Record Gas Sales To Europe In 2017
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  • 6 days Iranian Oil Tanker Explodes, Could Continue To Burn For A Month
  • 6 days Florida Gets An Oil Drilling Pass
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  • 7 days EIA Boosts World Oil Demand Forecast For 2018 By 100,000 Bpd
  • 7 days Businessman Seeks Sale Of $5.2B Stake In Kazakhstan Oil Field
  • 7 days Exxon Accuses California Of Climate Change Hypocrisy
  • 7 days Norway’s Recovering Oil Industry Resumes Hiring
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Can The Oil Price Rally Continue?

Can The Oil Price Rally Continue?

Oil markets took a breather…

Will The Dollar Survive The Petro-Yuan?

Will The Dollar Survive The Petro-Yuan?

The United States is no…

A Correction For WTI Is In The Making

A Correction For WTI Is In The Making

WTI crude has become overbought…

News

Norway Wins Lawsuit Over Arctic Oil Drilling

Norway Wins Lawsuit Over Arctic Oil Drilling

Jan 04, 2018 at 11:59 | Tsvetana Paraskova

A Norwegian court ruled on Thursday that Norway’s government had not violated the constitution in awarding drilling licenses in the Arctic, and dismissed a lawsuit brought by environmental groups…

Tesla Share Prices Takes A Hit After Another Model 3 Delay

Tesla Share Prices Takes A Hit After Another Model 3 Delay

Jan 04, 2018 at 09:50 | Irina Slav

Tesla will start producing 2,500 Model 3s weekly by the end of the first quarter of the year, the company said in yet another update that disappointed thousands of…

Oil Rises As API Reports Major Draw In Crude Inventories

Oil Rises As API Reports Major Draw In Crude Inventories

Jan 03, 2018 at 15:47 | Julianne Geiger

The American Petroleum Institute (API) reported a draw of 4.992 million barrels of United States crude oil inventories for the week ending December 29, marking five large draws in as…

Gas Pipeline Fire Causes Blackouts In Nigeria

Gas Pipeline Fire Causes Blackouts In Nigeria

Jan 03, 2018 at 14:04 | Zainab Calcuttawala

A gas pipeline fire has caused parts of Nigeria’s electric grid to shut down, according to an announcement by the ministry of power on Wednesday. The incident at the…

Sunoco’s Mariner East 2 Pipeline Gets A Halt Construction Order

Sunoco’s Mariner East 2 Pipeline Gets A Halt Construction Order

Jan 03, 2018 at 14:01 | Zainab Calcuttawala

Sunoco received a halt construction order from Pennsylvania environmental officials on Wednesday for a natural gas pipeline the southern half of the state due to a myriad of spills…

Gazprom Gas Exports Rise To Record High In 2017

Gazprom Gas Exports Rise To Record High In 2017

Jan 03, 2018 at 13:55 | Tsvetana Paraskova

Russia’s Gazprom raised its exports by 8.1 percent annually to a record high of 193.9 billion cubic meters in 2017, the chairman of Gazprom’s management committee, Alexey Miller, said…

Hong Kong Ship Seized By South Korea Carried Bunker Fuel

Hong Kong Ship Seized By South Korea Carried Bunker Fuel

Jan 03, 2018 at 12:16 | Tsvetana Paraskova

The Hong Kong-flagged tanker that South Korea seized on suspicion of having transferred refined oil to North Korea was most probably carrying bunker fuel, industry sources told Platts on…

Dominion Energy, SCANA To Merge In $7.9B All-Stock Deal

Dominion Energy, SCANA To Merge In $7.9B All-Stock Deal

Jan 03, 2018 at 10:24 | Tsvetana Paraskova

Dominion Energy and SCANA Corporation have agreed to merge in a stock-for-stock deal worth US$7.9 billion, Dominion Energy said on Wednesday. Including assumption of debt, the value of the…

China Bans Sales Of Fuel Inefficient Cars

China Bans Sales Of Fuel Inefficient Cars

Jan 03, 2018 at 09:30 | Irina Slav

China has banned the sales of 553 passenger car models including local ones and models produced by foreign carmakers, including Daimler and Volkswagen. The reason: these models fail to…

New Pipeline Doubles Russian Oil Supply To China

New Pipeline Doubles Russian Oil Supply To China

Jan 02, 2018 at 13:14 | Irina Slav

An extension of the East Siberia-Pacific Ocean oil pipeline between Russia and China started operating on January 1, doubling the export volumes from 15 to 30 million tons annually, or…

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