A suspected Iranian spy ship…
Despite Congress passing new sanctions…
Precious metal prices surge, particularly…
Aidan Heavey, the chief executive of Tullow Oil, says that despite the fact that analysts have eyed Tullow as red meat for a takeover, Tullow will remain…
Donald Trump’s latest remarks that local communities should be able to ban fracking have raised eyebrows in the oil industry, straying from the Republican energy strategy and pitching…
The Nigerian government has opted to resume making payments to the former militants as part of a plan to halt armed attacks against oil industry facilities in the…
Tech companies Amazon and Facebook both surpassed Exxon Mobil to become the world’s fourth- and fifth-most valuable firm based on market capitalization at the close of trading on…
Kuwaiti energy customers will see an up to 80 percent rise in fuel prices on September first, according to an announcement made by the national cabinet on…
After over a month of deliberations, Tesla and SolarCity have agreed to combine, creating the “world’s only vertically integrated sustainable energy company,” according to a statement released…
No one has claimed responsibility for an attack on a Shell pipeline in the early morning hours in the Niger Delta region on Sunday. The attack came…
Two rebels and 17 Angolan soldiers died in clashes that occurred in an oil-producing province between government forces and the separatist Front for the Liberation of the…
It’s expected that Iran will approve a new model for oil contracts on Wednesday that should open the door for foreign investors to help the country reestablish…
Norway’s Statoil said on Monday it would sell some of its non-operated U.S. shale interests in West Virginia to Antero Resources Corporation, in a bid to increase…
Scott Sheffield, the chief executive of Pioneer Natural Resources said on Thursday that improved methods of hydraulic fracturing, or fracking, have cut his company’s costs to approximately two…
BHP Billiton’s use of robots drills, 3-D seismic maps and drones has cut years off development at oil sites in Trinidad and Tobago and has helped the miner…
Statoil said it has agreed to buy a 66 percent stake in an offshore Petrobras field in the pre-salt layer. The field, Carcara, is located in the…
Chevron booked a net loss of US$1.47 billion for the second quarter of 2016, on the back of the continued oil price depression. This is down from…
Royal Dutch Shell has reclassified its 13.6-percent stake in Australia’s Woodside Petroleum and now considers it as “an asset for sale”, The Australian Financial Review reports, citing…
Natural gas futures soared 8 percent on Thursday, marking their highest one-day jump this year, after government figures showed that the build in the gas inventories last…
Gazprom is looking into constructing small-scale liquefied natural gas (LNG) plants in eastern Russia in order to better serve the Chinese market. Igor Maynitskiy, Head of the…
A new report from Drewry Shipping expects the shipping market for liquefied natural gas (LNG) to strengthen in the next few years and warned that the number of…
Hess Corporation has announced it plans to take legal action against Schlumberger. Hess is looking for US$40 million from Schlumberger over claims that the company provided Hess…
ExxonMobil Corp and Petrochina Co. have filed offers to develop two oil fields in southern Iraq, which are expected to pump 550,000 bpd, Iraqi Deputy Oil Minister Fayyad…