The fluctuating prices in response…
Suriname's oil boom hopes are…
Volkswagen's EV sales in Europe…
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…
On the face of things, it would only seem to make sense that the president of a nation would appoint a smart, savvy businessperson to head up the country’s state…
The Canadian National Energy Board lowered its expectations for the oil price recovery on Wednesday due to the falling costs of energy production and challenging environmental regulations. By 2020,…
Zambia and Angola are set to resume talks on the construction of a pipeline that would carry petroleum products from oil-rich Angola to major copper producer Zambia, which imports…
Greece said on Wednesday that it is naming a consortium led by France’s Total SA (NYSE:TOT) and comprised of Italy’s Edison and Greece’s largest refiner, Hellenic Petroleum,…
While pursuing its growing clean-energy businesses, Denmark’s DONG Energy confirmed on Wednesday that it does not consider its oil and gas business a long-term strategic goal, although it stopped…
Oil major BP (NYSE:BP) is set to ship 1 million barrels of U.S. crude to Australia and Thailand by the end of this year in what would be the…
Three Russian sailors arrested in Libya for fuel smuggling in 2015 have been released just 24 hours after a visit by Russian MPs with Presidency Council head Ahmed Maetig yesterday…
The Nigerian presidency on Tuesday issued a statement affirming that Royal Dutch Shell will resume exports from the Forcados terminal in the Niger Delta region. "The Shell Director, Mr.…
American crude oil supplies surged upwards by 4.8 million barrels this week, almost completely offsetting last week’s 5.2-million-barrel draw, according to the American Petroleum Institute (API) report released on Tuesday.…
France’s oil major Total SA (NYSE:TOT), mining and trading giant Glencore, and crude oil trader Gunvor have bid to buy 75 percent of Chevron’s (NYSE:CVX) South African downstream…
Russian Energy Minister Alexander Novak is still keeping his cards close to his chest, with the ministry reporting that he discussed with his Venezuelan counterpart, Eulogio del Pino, “coordinating…
Oilfield services group Baker Hughes (NYSE:BHI) reported on Tuesday a lower-than-expected adjusted net loss for the third quarter, but said that its North American business will only slightly…
Amid rising doubts about OPEC’s crude oil production freeze agreement, one member of the organization that’s so far stayed out of the spotlight has declared its plans to raise oil…
Approximately one hundred people gathered on Monday in the Canadian capital city of Ottawa to protest against the planned expansion of the Trans Mountain oil pipeline. Billed by rally organizers…
The Iraqi oil ministry will negotiate directly with international oil companies (IOCs) and consortiums in the upcoming bidding of a dozen small- to medium-sized fields located in the provinces of…
The Energy Committee of the Egyptian Parliament plans to contact its Ministry of Petroleum to get to the bottom of why the petroleum shipment from Aramco was suspended earlier this…
Uganda’s ministry of energy has invited for talks a dubious company registered in a tax haven to discuss the construction of a US$4-billion, 30,000-bpd crude oil refinery in the…