The electric vehicle, Artificial Intelligence,…
Suriname's oil boom hopes are…
Researchers at the University of…
South Sudan is ready to reopen negotiation for drilling rights to Blocks B1 and B2, after an attempt to reach a deal with three foreign oil majors broke down due…
Nearly three and a half years after the Berne Declaration (BD) published its explosive report, “Swiss Traders’ Opaque Deals in Nigeria,” alleging billion dollar fraud in oil trades and…
Less than a month after it announced the completion of the sale of its geothermal business in Indonesia, Chevron Corporation said on Monday that it entered into an agreement to…
Saudi Arabia’s King Salman has decreed several sweeping changes to the government and has reinstated perks for civil servants that were removed last year amid the low oil prices. Now,…
The Ceylon Petroleum Common Workers Union has stopped releasing gasoline from 12 storage facilities, causing long lines at gas stations across Sri Lanka. The industrial action came in response to…
Iran’s crude oil exports in May will likely hit their lowest volume in 14 months, as the Islamic Republic has cleared tanker storage and Asian buyers are set to load…
Three major U.S. cities struggled to power vital transport infrastructure on Friday, delaying work and travel for thousands of Americans just before the weekend. New York’s subway B line lost…
The U.S. shale revival helped Schlumberger (NYSE:SLB) report on Friday its first annual revenue growth for a quarter for the first time in more than two years, but the…
North Sea oil and gas operator Ithaca Energy said on Friday that the conditions of the cash takeover offer by Israel’s Delek Group have been satisfied and shareholders of Ithaca…
Nigeria’s navy has foiled an attempt by vandals to break a pipeline operated by the Nigerian National Petroleum Corporation (NNPC) that carries petroleum products from Atlas Cove, Lagos, to Mosimi…
Russia has cut 250,000 bpd of its crude oil output, with another 50,000 bpd to go as per its agreement with OPEC, Energy Minister Alexander Novak told media today,…
Mexico’s energy giant Pemex is looking for partners for the development of two oil and gas-rich areas in the Gulf of Mexico, Maximino and Nobilis, unnamed sources have told
The Federal Court of Australia has twice found Chevron responsible for shifting profits from Australia to the U.S. using an intra-company loan mechanism. This latest ruling upholds an identical one…
Three Canadian oil sands projects could be losing their British Petroleum backing soon, according to anonymous sources that spoke to Reuters on Thursday. The British oil and gas company…
India will not be able to reach its target to reduce its oil imports dependence by 10 percent by 2022, S&P Global Platts analysts reckon. India’s Prime Minister Narendra Modi…
Azerbaijan’s state-run oil company SOCAR will produce another 43,800 tons of oil and around 3.65 million cubic meters (129 million cubic feet) of gas per year after it commissioned…
Oman will sell stakes in state-owned oil and gas downstream companies in a bid to prop up its finances after the oil price crunch from 2014. These plans have been…
U.S. oil and gas mergers and acquisitions in Q1 2017 hit a record high value for a first quarter, boosted by a wave of mega deals and the attractive Permian…
A Dutch appeals court ordered on Thursday local prosecutors to open a criminal investigation into whether gas company NAM, jointly owned by Shell and ExxonMobil, was criminally liable for earthquakes…
India’s ONGC Petrol Additions Ltd is negotiating the sale of half its $4.6-billion petrochemicals plant with Saudi Aramco, unnamed sources told Bloomberg. The negotiations are still private, the source…