OPEC and the broader OPEC+…
The United States is set…
Cool paint coatings can effectively…
Ibrahim Al-Assaf, Saudi Arabia’s Finance Minister for twenty years, has been excused from his long-held position and reappointed as state minister. The move is part of a wider government…
BP (NYSE:BP) reported on Tuesday a third-quarter profit that beat analyst estimates, but weaker oil prices and sharply lower refining margins dragged its earnings down by almost a…
Following a dismal second quarter, Royal Dutch Shell (NYSE:RDS.A) reported on Tuesday a third-quarter profit that trumped analyst estimates. Despite the profit, Shell cautioned that low oil…
According to an analysis by Reuters published on Monday, oil production among the Organization of the Petroleum Exporting Countries (OPEC) will likely reach another record high for the month…
Everyone has been waiting to hear Russia’s latest words on the meeting this Saturday between OPEC members and non-OPEC members, and it looks like Russia just chimed in—but this time,…
Hacktivist collective Anonymous has reportedly issued a strong warning against North Dakota Governor Jack Dalrymple in relation to the protests against the Dakota Access pipeline project. As reported in…
An oil rig, property of the Chinese National Petroleum Corporation (CNPC), has been sitting in the North Korean exclusive economic zone in the Yellow Sea since this May, satellite…
GE (NYSE:GE) and Baker Hughes (NYSE:BHI) said on Monday they had agreed to merge GE’s oil and gas business with Baker Hughes to create an oil and…
On a live interview at a local TV station today, Ibrahim Al-Awami, Libya's National Oil Corporation spokesman has reported that the country's oil production has rose to 670,000 bbl/day this…
An oil workers’ representative said on Monday that there was another attack on an oil pipeline in the Niger Delta, which a fairly new militant group had claimed on…
OPEC Meeting In A Deadlock: Two Of The Top-Four Producers Say No Deal In a tweet late in the afternoon on Friday, the Wall Street Journal’s financial reporter, Georgi Kantchev,…
Brazil - a non-OPEC producer with a fast-growing oil output - will be joining other non-OPEC members, including Russia, at Saturday’s discussion with the cartel producers about possible cooperation on…
Chevron Corporation (NYSE:CVX) reported on Friday a third-quarter net income that beat analyst estimates by a wide margin, saying that the earnings reflected an improvement from the previous…
Italy’s oil major Eni (NYSE:E) reported on Friday an adjusted net loss for the third quarter that was worse than analysts had expected, due to low crude oil…
Crude oil output in Texas averaged 2.4 million barrels per day in August, up by 0.5 percent on the year, according to data from the state’s energy regulator, the…
Three years of energy reforms in Mexico will help oil production rebound, increase renewable energy’s role in powering the country, and reduce carbon emissions, according to the International Energy Agency’s…
ConocoPhillips (NYSE:COP) posted a huge loss for the third quarter, yet the loss was lower than analysts had expected. And while it cut capex guidance again, the exploration…
Marathon Petroleum reported earnings per share of US$0.58 for the third quarter, versus analyst expectations of US$0.81, with revenues also missing the consensus estimate, coming in at US$16.46 billion.…
In a sign that major oil producers continue to suffer from low crude prices, Norway’s Statoil (NYSE:STO) reported on Thursday a third-quarter loss,…
Law enforcement officials prepared to remove 200 protestors trying to halt the construction of the Dakota Access pipeline on Wednesday after the group refused to leave private lands. The…