Shares of Portuguese integrated energy…
India sets a new record…
An earthquake in Taiwan caused…
The fallout of the oil price crisis has proved to have wide-reaching implications beyond the energy industry. Houston real estate is one of these scathed by the developments…
Falling prices at the pump have given motorists reason to rejoice continuously over the last year and a half, but they’re not good news for everyone. At least,…
China’s Xinhua news service is reporting the discovery of a large natural gas field in the Guizhou Province, located in the southwest part of the country. According…
Libya is working to get crude oil flowing out of two shuttered terminals. Libya’s oil guards will work with the National Oil Corporation (NOC), the unity government’s…
At least one person died and four others were seriously injured following a fire at a domestic gas storage facility at the Marib province of Yemen on…
Angolan state-owned oil firm Sonangol will reportedly halt all talks related to the potential sale of assets. The decision has been made by the company’s new CEO, Isabel…
Representatives from Mexico, the United States and Cuba met to negotiate the borders of the Western Polygon - a region in the Gulf of Mexico with sizable oil…
Lithium-ion batteries have brought about a real lithium craze and now a new generation of rivals are emerging – some of them also lithium-based – that may take…
The militant group Niger Delta Avengers denied allegations that it carried out an attack on the Nigerian National Petroleum Corporation’s pipeline in Eleme on Tuesday, insisting that…
Saipem, an Italian offshore contractor, has won the rights to an engineering, procurement, construction and installation contract in the Zohr gas field in the Mediterranean Sea off…
The Energy Information Agency repored that U.S. commercial crude oil inventories declined by 2.2 million barrels in the week to July 1, standing at 524.4 million barrels. The…
“All animals are equal but some are more equal than others.” This brutal quote from George Orwell’s Animal Farm comes to mind instinctively in light of the latest…
On Wednesday, Kinder Morgan (KMI) announced that it had reached a US$900-million deal to provide in-plant services to five Nucor plants. The plants are located in Decatur,…
After six straight weeks of drawdowns and against expectations of a 2.5mm barrel build, API reported a massive 6.736mm barrel drawdown - the biggest since June…
Energean Oil&Gas, Greece’s single oil and gas producer, will receive a US$20-million loan from the European Bank for Reconstruction and Development to support existing and planned projects, according…
First Nation tribes in Canada secured a court victory against oil major Enbridge’s plan to build a pipeline transporting crude from Alberta to British Columbia, according to a…
Toronto-based Centerra Gold will purchase Thompson Creek Metals Co. in a deal valued at US$1.1 billion, Bloomberg reports. The transaction will include a US$135 million stock swap…
The government of Colombia and the National Liberation Army (ELN) rebels announced plans to begin peace talks in March but the situation between the two entities has remained…
Armed secessionists have purportedly struck against Nigerian energy facilities in the oil-rich Niger Delta region for the second time in two days, according to AllAfrica. The latest…
UK-based exploration company Tullow Oil announced today that it has issued a convertible bond to the tune of US$300 million maturing in 2012. The announcement hit Tullow’s…