OPEC and the broader OPEC+…
U.S. Treasury Secretary Janet Yellen…
Texas pulled $8.5 billion from…
ISIS has claimed responsibility for the shooting in a nightclub in Istanbul on New Year’s Eve, in which a gunman – who is still at large – killed 39…
Supported by higher U.S. gasoline consumption, record U.S. gasoline exports, and an increase in oil prices at the end of 2016, energy commodity prices rose more than any other major…
War-torn South Sudan says it will increase oil production on the heels of an OPEC deal that promises to push global oil prices upwards for the time being. According to…
Libya’s National Oil Corporation has announced the country’s crude oil output has hit 685,000 barrels per day as of the start of January. The increase was made possible by…
The oil price slump that started in 2014 has affected the business of drillers and other service providers as companies slashed exploration spending, but offshore vessel providers say recovery signs…
Venezuela - one of the staunchest supporters and promoters of OPEC’s oil production cuts - has said it would start reducing supply by 95,000 bpd beginning January 1, complying…
An Islamic State suicide bomber killed 36 in a Baghdad market on Monday, just hours after the arrival in Iraq’s capital of French President Francois Hollande. According to…
The National Iranian Oil Company has issued a list of 29 companies that have qualified for bidding in oil and gas tenders, of whom only one is a U.S.…
Sales of greener vehicles in Dubai look set to rise in the coming years as the government steps up its bid to reduce the emirate’s carbon footprint. The introduction of…
A national drive to provide 100 percent of Kenya’s population with electricity by 2020 and reduce load losses is gaining momentum, steered by a multi-billion-dollar project pipeline. Supplying hard-to-reach…
Big resource developments from a tiny and unexpected nation this week. Where both the mining and energy sectors are, incredibly, taking off at the same time. That’s Guyana — a…
Larger quotas expected later in 2017 China will cut its export quotas to the country’s oil majors by 40 percent in the first round of licenses for 2017, reports…
Gas, Nuclear, and Renewables Will Grow the Most, in that Order The global energy mix will not look that much different for oil and gas in 2040, according to Exxon…
Turkmenistan has managed to avert the loss of one of its only two buyers of natural gas with some desperate, last-gasp negotiations. Iran’s Mehr news agency reported on December 30…
Coal has been one of the big stories of 2016. With this beat-down market taking flight during the last half of the year — lifting stocks of major producers like…
2017 could be a banner year for oil and gas companies who are looking for fresh equity. According to Tudor Pickering Holt & Co., as many as 40 oil and…
The OPEC deal might have revived oil prices for now, but a combination of elevated inventories and the threat of lower demand growth in China in 2017 could come back…
PetroChina has reported plans to cut capital spending at China’s largest oilfield by 20 percent in 2017. In its statement the oil major claimed that, despite the decrease in…
It’s contract negotiation season in the world’s largest copper-producing nation, Chile. And news this week suggests that the country’s biggest mining operation may be headed for some tense discussions with…
Oil prices fell on Wednesday after having to 18-month highs as oil markets are anticipating OPEC cuts that are expected to be made starting January 1 next year. The American…