Renewable energy installations reached record…
The fluctuating prices in response…
Oil prices surged early on…
New York-listed oil and gas majors have listed their short interest data for the 29 July settlement date, shedding light on investor’s opinions on whether energy stock prices…
Shell has declared a force majeure on gas supplies destined for the massive gas facility on Bonny Island – a site co-owned by the Anglo-Dutch firm and…
The Kremlin has banned Rosneft’s shareholders from closing deals among themselves before the privatization of as much as 20 percent in the state giant goes through, which…
For the first time, elite U.S. Special Operations troops are directly helping fighters combat against ISIS in Libya with on-site support, The Washington Post reported on Tuesday,…
While everyone in Big Oil seems to be divesting to stay afloat, Suncor has agreed to their third large acquisition this year, after ramping up its interest in…
Adding another shock to the already volatile market in contradiction of analyst expectations, the American Petroleum Institute (API) is reporting a significant increase today in its weekly…
The demand for oil will likely increase for this year but dip in 2017, according to the latest “Short-Term Energy Outlook” released on Tuesday by the United States…
Kurdish authorities are reportedly holding up the final details of an oil agreement with Iran, according to PRESS TV. Citing information from Rudaw, a Kurdish media group…
In the latest deadly attack in the restive Niger Delta, militants have killed three soldiers in an ambush in one of Nigeria’s oil state, Bayelsa, local media…
A U.S. appeals court blocked on Monday the enforcement of a US$9.5-billion judgment against Chevron Corporation (NYSE:CVX), upholding a lower court ruling that had found that…
A 49 percent stake buy by Russia’s Rosneft in Indian Essar Oil will see the Indian company reduce its purchases of Iranian crude oil, according to Essar Oil’s…
BP has put up for sale its 50 percent stake in Chinese SECCO, a joint venture with local energy major Sinopec, eyeing revenues of US$2-3 billion, sources close…
A coalition forces air strike in Syria has destroyed 83 oil tank trucks used by ISIS to transport crude, which is the group’s major source of funding.…
A report published earlier this month by Haynes and Boone found that ninety gas and oil producers in the United States (US) and Canada have filed for…
At least ten Angolan soldiers were killed during the last clash with the Front for the Liberation of the Enclave of Cabinda (FLEC) in the oil-rich Cabinda enclave,…
The National Iranian Oil Products Distribution Company (NIOPDC) has announced that the country has deployed its first Euro 4-compliant gas oil shipment to global markets. Mahmoud Taherizadeh,…
Operation Dignity, a Libyan militia, has attacked the Zueitina oil terminal near Benghazi, local media report. The attack, which took place on Friday, was repelled by Petroleum…
An arbitration court has ordered Israeli-held Trans-Asiatic Oil (TAO) to pay US$1.2 billion to Iran for oil that the National Iranian Oil Company (NIOC) had delivered to Israel…
Iranian authorities have confirmed the execution of nuclear scientist Shahram Amiri, who was accused of treason and divulging sensitive information about the country’s nuclear program to U.S.…
EOG Resources planned fracking will revise its plans upward by 30 percent in 2016, despite the price of oil falling below the US$40 per barrel mark. As reported…