The World Bank forecasts slower…
Crude oil prices ticked higher…
Copper investments are enjoying another…
Oil giant Saudi Aramco is reportedly considering offering shares to citizens of Saudi Arabia as it prepares for an initial public offering that could be the biggest the world has…
OPEC is not taking issue with Russia’s increased oil exports for the month of January, according to the bloc’s Secretary-General Mohammed Barkindo, who expressed confidence in Moscow’s commitment to the…
Iranian authorities said on Monday that Iraq was to blame for a sandstorm that had cut off power and water supply in an oil-rich province and led to street protests…
Conflict returned to the strategic oil-exploration area of the Golan Heights in Syria on Monday, when an Islamic State (ISIS) affiliated group carried out a series of surprise attacks on…
The South Sudanese government and three humanitarian agencies have declared a famine in some parts of the country as the newly independent nation struggle to bring oil back online.…
Less than a day after U.S. Defense Secretary James Mattis contradicted Trump’s oft-repeated maxim that we should have taken Iraq’s oil, Russia has moved to expand its footprint in the…
Royal Dutch Shell said on Monday that rising new LNG demand is offsetting growth in supply, shrugging off concerns of oversupply on the LNG market in which the Anglo-Dutch…
Russia pumped the most crude oil in the world in December, dethroning Saudi Arabia as the world’s biggest oil producer. The difference in the two countries’ daily averages stood…
The New York Stock Exchange is the favorite for the massive upcoming Saudi Aramco listing, according to a report by the Wall Street Journal on Monday. London and Toronto’s…
The South Pars field in the Persian Gulf will begin production by the end of the fiscal year, according to Iranian Oil Minister Bijan Zanganeh, who made the confirmatory statement…
Malaysia’s Petronas plans to sell a minority stake in an upstream gas project for a $1 billion sum to raise capital and lower the government’s cost burden, according to two…
The western province of Lorestan will be getting new attention from the Iranian oil ministry following the discovery of major shale oil reserves in the region, according to new
Russian oil producer Russneft (not to be confused with Rosneft) plans to raise its oil production this year by at least 2.5 percent compared to last year’s 7 million tons…
S&P Global Platts said on Monday that starting from January 2018, it will include Norway’s Troll crude grade in the Brent basket—a first such addition since 2007—in a bid…
Residents of the oil-rich Iranian city of Ahvaz with a majority Arab population have been protesting for a week over continuous power failures, air pollution, and government mismanagement. The…
The results of appraisal and exploration in central and southern Iraq have led to increased estimate for the country’s proven oil reserves to 153 billion barrels from 143 billion barrels…
Abu Dhabi National Oil Company (ADNOC) signed a deal on Sunday to award to the China National Petroleum Corporation (CNPC) an 8-percent stake in Abu Dhabi’s onshore oil concession…
A team of scientists from Arizona State University have devised a water pumping system that would reverse the devastating effects of climate change in the Arctic ice cap, according to…
Kinder Morgan has entered into talks with Canadian pension funds and private equity firms to secure financing for the US $5 billion expansion of the Trans Mountain pipeline, sources…
This month—for the first time in the East European country’s history—Belarus signed a contract to purchase crude oil from the National Iranian Oil Company. A row between the former…