Africa has a chance to…
Drexel University researchers successfully tested…
Nissan aims to cut EV…
Demand for energy-related products and services declined even though there are signs of stabilization, according to the United States Federal Reserve’s most recent business activity survey published…
Nigeria may “plunge in total distress” if it does not take urgent measures to start solving its economic and oil and gas industry woes, Thomas Dada, founder and…
Iran and Iraq have served up the latest round of comments on the highly anticipated—and highly analyzed—OPEC meeting in Algiers that many hope will end with a freeze…
OPEC’s crude oil production is expected to grow to 32.41 million bpd this year from 31.76 million bpd in 2015, with higher Iranian output accounting for most of…
Canada’s largest oil producer is looking to abandon some of its high-cost and greenhouse gas intensive oil sands assets, according to Suncor Energy’s CEO Steve Williams. Williams…
Chronically low oil prices have caused American oil and gas majors in the S&P 500 to lose billions of dollars from their cash reserves, according to a new…
U.S. crude inventories collapsed by 12 million barrels this week, marking the largest inventory draw since January 1999, according to analysis of this week’s American Petroleum Institute inventory…
The Nigerian military reported today that they have captured the suspected leader of the Niger Delta Avengers (NDA), a rebel group that has targeted oil and gas infrastructure…
Turkish President Recep Tayyip Erdogan dropped hints on Wednesday that the United States and Turkey were prepared to invade Raqqa, Syria - the Islamic State’s de facto capital.…
The White House proposed modernizing the Strategic Petroleum Reserve (SPR) as part of a plan that could cost as much as US$2billion, the United States Department of Energy…
France’s trade deficit jumped in July compared to June as the country’s crude oil imports soared after strikes and riots had blocked French oil refineries in May and…
The Front for Liberation for the Enclave of Cabinda, or FLEC, claims that it is responsible for the deaths of 12 soldiers in the Angolan oil fields this…
The world’s largest sovereign wealth fund, Norway’s US$870-billion oil fund, said that it excludes, effective Wednesday, Duke Energy Corp (NYSE:DUK) and three subsidiaries from its investment…
Things are about to get very serious in the world’s top nickel-producing nation. That’s the message this week coming from lawmakers in the Philippines. With the country’s mines…
U.S. and coalition military forces have conducted air strikes and destroyed ISIS oil pump jacks and oil tanker trucks in Syria, the U.S. Department of Defense said…
Royal Dutch Shell announced on Tuesday that it started production in its ultra deepwater fields in the Gulf of Mexico, according to an official statement posted on…
Statoil informed its employees via its companywide intranet that all employees would receive an offer to apply for severance packages, according to a report by The Norway Post. …
EOG Resources (NYSE:EOG) said on Tuesday that it had agreed to buy independent company Yates Petroleum Corporation in a stock-and-cash transaction worth for US$2.5 billion, thus…
Texas’ drilling companies added 100 jobs in July, marking the first monthly increase of the kind in the state’s energy sector for 19 straight months, according to…
Two major Abu Dhabi sovereign funds - International Petroleum Investment Co. (IPIC) and Mubadala Development Company PJSC – will come together to create an alliance with assets of approximately US$125…