Iran's potential retaliatory measures following…
Tensions between Israel and Iran…
Azerbaijan has benefited from the…
Iraq will reduce the amount of crude oil it exports via its largest port terminal in Basra to 3.013 million bpd next month, according to loading data seen by…
Saudi Aramco will deliver crude oil to Chinese refiner Huajin Chemical Industries under a new deal—a first for the two companies, sources in the know told Reuters. Aramco will…
Two anonymous OPEC sources say that eleven of the non-OPEC nations that are part of the oil output reduction deal struck at the end of November have only made 40…
Nigerian Vice President Yemi Osinbajo visited the Niger Delta on Friday in a move that could bring peace to the oil-producing region after almost a year of militant and separatist…
One of the world’s leading LNG buyers, Korea Gas Corp (KOGAS), may be interested in taking part in U.S. shale gas projects as leverage against potential trade pressure from the…
While Russia is saying that it would undertake its share of promised oil production cuts, it is also saying it will be increasing its Urals crude oil exports in the…
Israel has extended the original deadlines for each step of its first offshore oil and gas bid round launched last November, Energy Minister Yuval Steiniz said on Thursday. Under…
Cuba is seeking foreign investments in its oil industry, with a particular focus on offshore drilling, a senior government official said this week. At the moment, about 50 percent of…
Daniel Yergin, the oil analyst vet, told CNBC he expected U.S. crude oil production to increase by more than half a million barrels this year, revising an earlier forecast…
A leaked government document reveals securing the future of the steel and oil and gas sectors will be a low priority during Brexit negotiations. Officials have divided British industries into…
Around 50 oil product tankers are idling at the ports of Singapore and Fujairah, in the UAE, on the back of a slowdown in trade and an influx of new…
The UK’s energy market regulator Ofgem will be reassessing later this year whether domestic energy suppliers should meet stricter financial requirements, both before and after being awarded supply licenses, the…
Tesla Inc (NASDAQ:TSLA) plans to launch test-building of its highly-anticipated Model 3 on February 20, Reuters reported on Thursday, citing sources familiar with the matter. Tesla…
The Dakota Access pipeline will be operational in three months’ time, according to a spokesperson from Energy Transfer Partners (ETP), who added that construction on the line had begun…
Venezuela’s state-held oil company PDVSA – which has been barely avoiding default recently – is months behind on shipping crude oil and fuel to China and Russia under oil-for-loan agreements…
BHP Billiton said on Thursday that it had approved spending US$2.2 billion of its share of development of BP-operated Mad Dog Phase 2 deepwater project in the Gulf of…
French Total is waiting for an extension of the waiver on U.S. sanctions against Iran before it makes the final decision on a US$2.2-billion investment in a gas project in…
Norway’s economy has started to recover from the blow dealt by the oil price slump, but things are improving slowly, according to the latest data from the country’s statistics agency.…
A new bid by the Toronto Stock Exchange for a partial share of Saudi Aramco listing could bring the largest IPO on Earth to Canada, according to a new report…
Shell applied on Wednesday to begin decommissioning the entire Brent oilfield—the namesake of ‘Brent crude’--in the North Sea, in a project that could take up to a decade to complete.…