Chalmers University researchers introduce an…
The United States is set…
Drexel University researchers successfully tested…
Kurdish group, Patriotic Union of Kurdistan (PUK)—a rival of the ruling Kurdistan Democratic Party—has agreed with Iraq’s central government to keep oil from the Kirkuk oilfields flowing via a pipeline…
Iraq’s Oil Minister Jabar al-Luaibi said the country’s compliance rate with the OPEC crude oil production cut agreement has reached 85 percent. Al-Luaibi was speaking at the sidelines of…
Russia’s gas giant Gazprom has hired banks to set up investor meetings in the U.S. to test the market for a possible U.S.-dollar denominated Eurobond issue, which would be the…
A federal judge for the District of Columbia has denied a motion against the Dakota Access pipeline project brought in by the Standing Rock Sioux tribe and the Cheyenne River…
The American Petroleum Institute (API) reported a build of 11.6 million barrels in United States crude inventories against expert predictions that domestic supplies would see a much kinder 1.4-million-to…
The Libyan National Army (LNA), led by General Khalifa Haftar, has bombed the Benghazi Defense Brigades (BDB) faction for a fifth day in the country’s Oil Crescent, and the latest…
Royal Dutch Shell and Saudi Aramco have finalized the agreement to split the assets, liabilities and businesses of their 50/50 refining and marketing joint venture in the U.S., Motiva Enterprises,…
Russia’s Energy Minister Alexander Novak said at this year’s edition of CERAWeek that the country’s oil and gas industry has successfully gotten over the U.S. sanctions, raising crude oil…
Shell’s Nigerian subsidiary announced it has shut down for maintenance the Bonga field, which has the capacity to produce some 225,000 barrels of crude daily, until April. The company…
Oil bigwigs should take a step back before becoming too comfortable with the new oil price range according to Fitch Ratings’ newest market analysis. “The recovery in US drilling…
By 2020, the limited exploratory capital expenditures of the past two and a half years will make meeting global oil demand difficult, according to a report by the International…
Royal Dutch Shell fears that reopening a pipeline in Nigeria will cause local separatist groups to re-bomb the facility for a third time, according to reports emerging from the…
Iran and South Africa have agreed to start a feasibility study on building a gas to liquids (GTL) conversion plant in Iran with a capacity of 50,000 barrels, Iranian media…
Oil supermajors are on the verge of reversing stalled production growth, planning a combined 15 percent increase in their total crude oil output by 2021, according to a Reuters…
While most analysts are wondering when Russia will reach its gradual 300,000-bpd production cut as part of the deal with OPEC to reduce global supply, another non-OPEC producer, Azerbaijan, is…
Austria’s OMV is buying the 25-percent stake of Germany’s Uniper in Russian gas field Yuzhno-Russkoye in western Siberia for US$1.85 billion in a deal that would give the Austrian…
The Libyan National Army led by Khalifa Haftar is bombing positions of the Benghazi Defense Brigades, which tried to push the LNA out of two key oil export terminals in…
Oil and gas companies operating in Texas, and especially those concentrated around Houston, are exposed to major cybersecurity threats as the sheer size of operations and the growing digitalization of…
The controversial Keystone XL pipeline no longer faces major administrative obstacles to its construction from the United States’ end, according to the Canadian ambassador to Washington D.C. Talks with U.S.…
ExxonMobil will invest $5 billion in Guyana for an oil production and extraction venture in the Liza area of the Stabroek offshore drilling block with first profits expected by…