Income investors hunting for a…
Turkey has said it is…
A potential Trump re-election could…
Canada’s federal court of appeal has sent TransCanada’s proposed gas back for redetermination by the National Energy Board (NEB), which had previously dismissed requests that the project be subject to…
OPEC’s crude oil production is expected to increase by another 145,000 barrels per day in July over June, driven by higher production in Saudi Arabia, Nigeria, and the UAE, Reuters…
If the U.S. administration decides to impose sanctions on Venezuela that include a ban on crude oil imports from the South American country, refiners on the Gulf Coast might pay…
Rosneft and PDVSA are negotiating the swap of the 49-percent stake in Citgo that the Russian company holds as loan collateral for a number of other assets and products, sources…
Oil E&P African Petroleum allowed the exclusivity of its offshore exploration contract with Gambia and Senegal to lapse in order to pursue future involvement in the area’s development, according…
Oil thieves are bringing Nigerian crude oil pumping stations to their knees, according to a new report from World Oil. The 60,000-barrel per day Agbada 2 flow station run…
More than half of Americans, 55 percent, would support an increase in the federal gas tax—which has not seen an increase since 1993—to help fix infrastructure in their own states,…
Working gas in underground storage in the Lower 48 states increased by 28 billion cubic feet (Bcf) in the week to July 14, the EIA said on Thursday, but…
South Korea is set to ease restrictions for international oil traders to blend fuels at the country’s oil storage terminals in its attempt to become a trading hub in Northeast…
Saudi Aramco may have to buy out its 30-percent partner in Saudi Aramco Base Oil Co, Jadwa Investment Co., as the latter is seeking to exit the venture, sources close…
BP has contacted possible buyers of oil and gas assets that it holds in the North Sea, The Wall Street Journal reported on Thursday, citing people familiar with the…
Brazil’s oil industry regulator ANP has released the model contract for the next round of oil bids, seeking to motivate bidders with lower royalties and the removal of local…
Unsuccessful investments in the Nigerian oil industry may have had a part to play in tennis legend Boris Becker’s recent bankruptcy, according to documents from the sports whistleblowing website
State refiner Hindustan Petroleum Corp. will be allowed to sell a $4.6 billion stake of itself to India’s largest fossil fuel explorer and producer, according to a new report…
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