U.S. supermajors ExxonMobil and Chevron,…
China, facing US threats of…
Azerbaijan has benefited from the…
India’s government-run refiners plan to import less Iranian crude oil in the 2017/2018 fiscal year ending March 2018, than the crude from Iran they bought in the previous fiscal…
Diplomats from the four Arab countries that are leading the boycott against Qatar have signaled that the Saudi-led bloc is no longer demanding that Qatar comply with a list of…
A BP unit and subsidiaries of France’s Total and Germany’s Wintershall have signed an investment agreement with Argentina’s state-run oil company YPF to jointly invest US$1.15 billion in the Vaca…
Two Saudi teachers are standing trial in Saudi Arabia on charges that they have allegedly spied for arch-rival Iran in gathering information about a 5-million-bpd oil pipeline for the purposes…
Oman’s state energy firm Oman Oil expects to close a pre-export financing (PXF) loan worth some US$1 billion within the next two months, Reuters reported on Wednesday, citing a…
BP is considering a restructuring of its oil, gas, and petroleum product business in the U.S. that would involve the spin-off of some of the company’s pipelines there, media
Considering how hard India is fighting the international community on increasing national coal use, the latest development in the nation’s train system signals the Asian giant’s commitment to green energy.…
The American Petroleum Institute (API) reported a build of 1.628 million barrels in United States crude oil inventories, compared to analyst’s expectations that this week would see a draw of…
The latest word from the OPEC rumor mill is that pack leader Saudi Arabia is planning more oil export cuts – causing oil prices to jump on Tuesday. Oil…
The UK’s National Cyber Security Centre (NCSC) has warned that hackers have been targeting the country’s energy sector, and some targets are likely to have been compromised, according to a…
OPEC has invited Libya to share its production plans with the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) next week, and Libya will attend the gathering, with National Oil Corporation (NOC)…
A Tokyo court has rejected a petition brought against Japan’s biggest oil refiner, Idemitsu Cosan, by its founding family. The family argued that a recent proposal for a share…
Mexico’s National Hydrocarbons Commission will later this week announce the terms for its second deepwater oil and gas tender, and the blocks that will be offered for development. According to…
ExxonMobil has decided that it “no longer wishes to continue further discussions or activity” regarding the East Natuna natural gas block offshore Indonesia, after having assessed the future development prospects…
Output from three of Egypt’s newest natural gas fields will boost the nation’s output by 50 percent by 2018 and by 100 percent in 2020, according to new forecasts…
India’s top refiner Indian Oil Corporation (IOC) may buy out the government’s 66-percent stake in exploration company Oil India, in a second deal involving oil firms that is part of…
The National Iranian Oil Company (NIOC) signed on Monday a memorandum of understanding with a consortium that includes Japan’s engineering group Toyo to revamp the facilities and upgrade gas…
Mexico’s next offshore oil auction will be held in January next year instead of in December 2017 as initially planned, in order to give bidders more time to assess all…
Saudi Arabia’s Energy Ministry has invited bids for a 400-MW wind power plant to be built in northwestern Saudi Arabia. According to the press release, the Dumat Al Jandal…
UK energy company Centrica is combining its European oil and gas exploration and production business in a joint venture with Bayerngas Norge, creating one of Europe’s leading independent E&P…