The energy sector has underperformed…
Washington University in St. Louis…
We're entering a key period…
BHP Billiton (NYSE:BHP) reported on Tuesday a massive loss of US$6.385 billion for the fiscal year ended June 30, after multi-billion impairments on U.S. shale assets…
Nigeria’s losses in daily oil production due to militant attacks have hit 900,000 barrels, said Petroleum Minister Ibe Kachikwu, speaking to CNN. He added that the federal…
The U.S. Southwest has become the location of a significant buildup of methane, a popular greenhouse gas, and the buildup was caused by natural gas leaks, scientists…
It’s a tough business right now for oil and gas companies, with some companies faring better than others with most majors releasing in-the-red second quarter financials, but business…
In what sources say could amount to the “world’s largest sovereign petroleum hedge,” Mexico has been buying oil contracts throughout this summer to lock in 2017 oil…
London-based Premier Oil is close to unveiling a £2.6-billion (around US$3.35 billion) restructuring agreement with lenders as it seeks to avoid defaulting on its loans amid the low…
Companies in Oman are dismissing expats, using the collapsing crude oil prices as an excuse, while neglecting to hire locals whom they find lacking in skills and experience,…
The Russian edition of Forbes Magazine is reporting that French Oil giant Total has laid off 70 percent of its Russian workforce through its office in Moscow.…
Jabbar al-Luaibi, head of Iraq’s state-run South Oil Company, has been named the new oil minister for Iraq. The Iranian parliament approved the appointment on Monday. According…
The Syrian Army hit on Saturday an ISIS fuel convoy in the southern province of Sweida, destroying most of the oil tankers, Tehran-based Al Alam International News Channel…
Colombia’s energy sector has shed 40,000 jobs over the last two years, since the oil price rout started, the country’s Labor Minister Clara Lopez told media at…
Gazprom’s partners in the Nord Stream-2 pipeline project have given up the merger plan that would have seen Gazprom, Shell, OMV, French Engie, and German Uniper and…
Environmentalists rejoiced on Sunday as energy generated by high winds in Scotland was enough to power the entire country for the day, according to a new report by…
Russia’s Rosneft reported on Thursday a 0.5-percent sequential increase in its oil production in the second quarter, attributing the rise to increased drilling activity. The Russian giant…
Nigeria’s former minister of aviation, Femi Fani-Kayode, tweeted on Thursday that President Muhammadu Buhari planned to break up Nigeria if oil is found in the north of…
The Kenyan government said it has approved a plan for the production of between 2,000 and 4,000 barrels of crude daily. The plan includes an upgrade of…
Exxon has had its fair share of trouble in Nigeria, what with all the militant attacks, and now it is looking for another route to export the…
Chinese electric vehicle maker LeEco has announced plans to build a large electric car factory worth US$1.8 billion in eastern China. The factory, when it reaches full…
An accident in July at the construction site of the first nuclear power plant in Belarus has recently been revealed, according to POWER magazine. Exact details of…
Eyewitnesses claim the incident at the town of Convent in St. John’s Parish first occurred at around 11:00 am Eastern Time. The facility’s switchboard operator mentioned the fire…