Biden's administration finalized rules mandating…
Russia’s oil and gas revenues…
Iraq has awarded the Akkas…
Equatorial Guinea’s economy is expected to shrink by a massive 10 percent in 2016 -- after having already contracted by 7.4 percent last year -- as low oil…
While the industry has struggled to find ways to cope with the decline in oil prices, there has been one positive note: the dip in crude prices has…
Nigerian Army troops have destroyed 74 illegal oil refineries as well as camps of militants in the country’s oil-rich Niger Delta, the Army tweeted on Friday. As…
The Norwegian government dismissed reports on Thursday that it might lift bans on oil and gas exploration near picturesque islands in the Arctic Ocean before elections in 2017.…
Argentine Foreign Minister Susana Malcorra stated that her country would be willing to engage in a joint fossil fuels exploration project with Britain near the disputed Falklands Islands.…
As oil producers are moving to reconcile their previously irreconcilable stances on a global output freeze deal, OPEC’s secretary-general Mohammed Barkindo will be meeting the Saudi and Algerian…
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…