Citigroup Says 42% of Clients Have No Energy Transition Plan
China is on track to…
Drexel University researchers successfully tested…
The UK economy has shown…
The Philippines is seeking to build an LNG import and distribution facility worth US$2 billion by 2020 as it tries to replace its aging Malampaya natural gas field before…
India Oil Corp., the country’s biggest oil refiner, is planning a major though temporary refining capacity reduction this year for maintenance, unnamed sources told Reuters. The reduction totals around 600,000…
Royal London, an asset manager, has warned against the London Stock Exchange changing initial public offering rules to better suit the tastes of Riyadh, which is preparing to take Aramco,…
The United States has begun importing Iraqi oil at a rate of 1.1 million barrels per day to replace export cuts announced by Saudi Arabia late last month, new figures…
Taking a step back from the global anti-climate change movement will allow our biggest rivals to fill the leadership vacuum, which is against American national security interests, according to a…
Russian-Chinese talks over two new routes for Russian gas exports to China have stalled because China is reconsidering the power mix in its energy demand, including how much LNG it…
An oil workers’ union in Norway has threatened that some 150 of its members will go on strike if the union fails to reach an agreement on wages by Friday,…
Port authorities in Abu Dhabi have eased some of the restrictions they had imposed on oil loading vessels voyaging to and from Qatar, removing the restrictions on non-Qatar operated, owned,…
Shell’s Forcados oil export terminal in Nigeria has begun operating after a prolonged force majeure of over a year following a string of militant attacks. According to Bloomberg data, the…
The Kremlin dismissed on Wednesday speculation that Russia could buy back part of the 19.5-percent stake in its oil giant Rosneft that it had sold to Qatar Investment Authority…
The American Petroleum Institute (API) reported a draw of 4.62 million barrels in United States crude oil inventories, compared to analyst expectations that markets would see a draw of…
The Texas oil and gas industry has added 12,000 new jobs in the past six months, according to a new report from the Texas Petro Index. The spike in job…
After several Arab nations cut ties with Qatar, port authorities in Saudi Arabia, the UAE, and Bahrain have barred Qatar-flag or owned vessels from calling at their ports, thus making…
Venezuela is starving its own refinery to send Mesa 30 crude to Cuba and Curacao, according to a new report by Reuters. The 187,000-barrel Puerto la Cruz facility in…
Indonesia’s state energy firm Pertamina plans to postpone upgrades at some of its refineries, including a joint project with Saudi Aramco, over financing concerns, said Rachmad Hardadi, director of megaprojects…
Brent and West Texas Intermediate crude traded up on Tuesday, despite a new report by the Energy Information Administration (EIA) that lowered its outlook on average barrel prices in…
Poland and Ukraine plan to develop a regional gas hub on the Poland-Ukraine border that would supply the region with gas other than Russia’s, in a bid to end…
A group that represents most of the independent oil refiners in China has issued a statement pledging the members’ full compliance with government regulation governing how these independents operate, so…
World governments have failed to accelerate and scale up renewable energy adoption quickly enough to meet the climate action goals set out in the Paris Agreement, the International Energy Agency…
The La Cira Infantas oil field in Colombia has returned to production after protesters shut it off in May in response to legislative changes concerning the oil industry. The return…