The UK and UAE are…
Plastics will come to account…
David Cameron's recent visit to…
Cynthia Coffman, the Attorney General of Colorado, has filed a lawsuit against Boulder County, following weeks of threats over the county’s refusal to remove a moratorium on oil and…
In its first bond sale since the Fukushima nuclear tragedy in 2011, Tokyo Electric Power Co (Tepco) has filed plans to issue US$612 million (70 billion yen) worth of bonds,…
U.S. crude oil inventories increased yet again by 9.94 million barrels, according to this week’s American Petroleum Institute (API) inventory report published on Tuesday afternoon, reminding OPEC that its cuts…
Oilfield Services Rush To Raise Capital As Oil Recovery HoldsChina’s independent refiners, the so-called teapots, are importing Russia’s Urals grade with the drop in the Brent/Middle East spreads as OPEC’s…
The Islamic State has reportedly lost control of the Hayan natural gas field in Syria’s central province of Homs following a Syrian army operation to retake the strategic oil…
Egypt expects to soon draft a repayment schedule to pay US$3.5 billion in arrears it owes to foreign oil and gas companies, Egyptian Petroleum Minister Tarek El Molla said on…
Shell’s Nigerian subsidiary has committed US$1 billion for the development of the Niger Delta, the Vice President of the federal government, Yemi Osinbajo, said. Osinbajo is on a tour…
Just as Libya loads its first tanker from a new floating storage platform in the offshore Bouri oilfield, authorities have detained four senior oil executives over fraud related to the…
Despite the current coal shortage that threatens to disrupt Ukraine’s power generation, the country will not import electricity from Russia, Ukraine’s Energy and Coal Industry Minister Ihor Nasalyk said on…
Inflation in the UK in January rose at the fastest rate since June 2014 on the back of higher oil prices resulting from the OPEC-non-OPEC agreement to cut output.…
A federal judge refused a request by Native American tribes objecting to the construction of the last portion of the Dakota Access Pipeline on Monday, according to emerging reports on…
A new report by the United States Department of Energy concludes that American renewable energy firms are creating more jobs than their fossil fuel counterparts.…
While OPEC producers are boasting an unusually high initial 90 percent plus compliance to the oil output cuts, the non-OPEC nations that have joined the global deal to curb oil…
President Trump’s desire that pipelines in the U.S. buy American iron and steel products may run into international trade law violations, and have a yet-unpredictable impact on costs and prices…
In order to cater to growing power demand, China is likely to begin construction on inland nuclear reactors in the next four years, resuming plans for nuclear power plants that…
Ukraine’s government is considering declaring a state of emergency in the energy sector due to severe shortage of coal deliveries from the conflict-torn Donbas region, which produces a large part…
Russia’s Energy Minister Alexander Novak said the decision on whether the crude oil production cut agreement with OPEC needs to be extended beyond its June 30 expiration date will…
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…