Armenia and Azerbaijan continue their…
When policymakers both here and…
In response to Iran's attack…
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…
Military cooperation in the war against the Islamic State and the Turkish Stream natural gas pipeline project is cooling tensions between Russia and Turkey, according to a new report by…
A new proposal by the Trump administration will allow oil companies to use seismic air guns to search for fossil fuel deposits in the Atlantic Ocean, according to reports emerging…
Total SA is back in the running to develop two oil blocks in South Sudan after previous negotiations for the French company to work the same fields collapsed in April,…
Malaysia’s state oil firm Petronas has pushed a plan to sell a US$1-billion stake in a local offshore gas project to the next round of bidding expected to attract international…
OPEC’s newest member, Equatorial Guinea, has signed a production-sharing contract with ExxonMobil for offshore block EG-11, Equatorial Guinea’s oil minister Gabriel Mbaga Obiang Lima said on Monday. The new contract…
Dallas-based Zion Oil & Gas, Inc said on Monday that it had begun drilling a deep well onshore Israel, expecting to drill through at least four different geological strata with…
AAA is raising premiums on Tesla vehicles by 30% after data showed that owners of Model S and Model X cars filed claims at abnormally high rates, and that those…
A new MoU between BP and Rosneft will see more Russian natural gas flowing to Europe BP (ticker: BP) and Russian oil giant Rosneft signed a Memorandum of Understanding (MoU)…