Texas has barred state entities,…
U.S. utilities are struggling to…
Why do we still have…
PricewaterhouseCoopers is advising Saudi Arabia on US$20 billion worth of projects it could cancel in order to reduce the budget deficit it had amassed with the low oil prices of…
Texas is expected to have around US$104.9 billion in revenue available for general-purpose spending in 2018 and 2019, down by 2.7 percent compared to the 2016-2017 period, Texas Comptroller Glenn…
When Saudi Arabia initiated the latest OPEC discussion about an oil production cut, Iran insisted that it would only consider joining market rebalancing efforts when it reached a daily output…
The United States and Cuba have signed an agreement to team up on preventing, containing and cleaning up oil spills in their respective areas of the Gulf of Mexico,…
Following a couple of years of reduced exploration and production (E&P) investments, spending by global oil and gas companies is expected to increase by 7 percent in 2017, for the…
Waymo’s first fleet of self-driving Chrysler Pacific minivans will hit public roads later this month, according to an announcement made at Detroit’s North American International Auto Show on Sunday. Waymo,…
Rosneft may soon withdraw from its only project in Algeria, an exploration project which Russia’s oil giant considers to have doubtful prospects, Russian business daily Kommersant reported on Monday,…
Iraq has not cut February crude supply allocations of the Basra grade to three buyers in Asia and Europe, in a sign that OPEC’s no.2 producer could keep exports at…
Australia and East Timor have agreed to tear up a temporary treaty regulating maritime boundaries in the latest development in a long-standing dispute that has involved sea boundary claims, oil…
Argentina will remove a duty on oil product exports that has been in place for 15 years in a bid to encourage more foreign oil and gas investments, according…
Ukraine’s state-owned oil and gas company Naftogaz said in a Facebook statement it expected foul play from Gazprom regarding the transit of Russian gas via Ukraine to Europe. According…
The decommissioning of depleting oil and gas fields in the North Sea will have a price tag of US$29 billion (24 billion pounds) for UK’s taxpayers, which may very well…
Angola has become the latest OPEC member to announce the beginning of production cuts as part of the cartel’s deal to curtail production in a bid to lift oil prices.…
Kuwaiti officials say the OPEC-member country has reduced oil production this month to around 2.707 million barrels per day, in line with the targeted amount under the OPEC output cut…
Senate Foreign Relations Committee Republican Chair Bob Corker says President-elect Donald Trump should not and would not reverse the nuclear deal with Iran. Speaking to journalists on Friday, Senator…
Following accusations of fuel smuggling from the chairman of Libya’s National Oil Corporation (NOC), the Petroleum Facilities Guard (PFG) has removed itself from the Zawiya refinery, Libyan media report,…
South Sudan will restart crude oil production from oilfields in the Unity state within two months, which could potentially derail OPEC and non-cartel producers’ deal to curtail global supply in…
Former Texas Gov. Rick Perry, who is Donald Trump’s nominee for Energy Secretary, has resigned from the board of directors of Energy Transfer Partners, the company building the highly-contested…
Yemen may export its first crude oil shipment since August later this month, according to fixture list data showing Glencore has booked an oil tanker, to dock in Yemen…
The fire on a Gulf of Mexico platform off the Louisiana coast has been put out and no pollution has been detected, the U.S. Coast Guard said, as quoted…