New research shows Washington DC…
The World Bank's latest report…
Rystad Energy disputes OPEC’s claim…
As President Barack Obama nears the end of his second term, he issued a new drilling plan to restrict oil and gas extraction activities off two American shores: the waters…
As much as up to 50 percent of the production of oil majors could be hit by carbon costs in the next ten years if legislators that currently price carbon…
Energy Transfer Partners (ETP), the company heading the construction of the Dakota Access Pipeline, said on Friday that it would not consider rerouting the controversial project, the Associated Press
Just as Nigeria was starting to gradually increase its oil production over the past two months, fresh attacks on the Forcados pipeline earlier this month have dragged output down again,…
The stark difference between Hillary Clinton and Donald Trump was crystal clear when it came to energy before and after the election. Clinton wanted to kill coal, and since…
Some 78 energy and natural resources firms globally have defaulted so far this year, according to S&P, accounting for 53 percent of all bankruptcies worldwide in the period. At…
Qatari Energy Minister Mohammed Al Sada told reporters on Thursday that both Iran and Iraq have been asked to freeze production at “current levels” as the Organization of Petroleum Exporting…
Royal Dutch Shell, Exxon Mobil and others will receive $5.1 billion from the Nigerian government for unpaid bills dating back to 2015, according to a new deal reported by
An early winter spell in North Asia is expected to raise oil, gas, and coal demand for power plants and domestic heating, which means there are big chances that
Saudi Arabia increased its crude oil exports to 7.812 million barrels per day in September from 7.305 million bpd in August, the kingdom’s self-reported figures to the Joint Organizations…
Algerian teachers and medical workers are threatening strikes against government plans to raise taxes and gasoline prices and freeze public sector salaries, in a bid to compensate for the…
In a somewhat rare post-U.S. election demonstration of practical thinking, South Korea’s deputy Energy Minister Woo Tae-hee advised private energy businesses in the country to invest more in U.S.…
15 oil and gas leases that were issued 30 years ago are now in the process of being cancelled. The Department of the Interior made the move to preserve…
Berkshire Hathaway’s third-quarter regulatory filings show that the Warren Buffet-owned firm has abandoned Suncor Energy – a Canadian company that greatly benefitted from the billionaire’s financial show of support…
A non-hazardous phosphate-loaded train collided head-on with a train loaded with coal in Marion County, Florida, early on Wednesday, causing a fuel leak of 4,000 gallons. The two CSX…
Russia’s oil output has risen by 2.3 percent annually since the beginning of this year, deputy energy minister Kirill Molodtsov said on Wednesday, hours before his boss, energy minister…
OPEC sources are optimistic that the cartel would manage to clinch a final deal in Vienna in two weeks’ time, while the organization is in the middle of a last-ditch…
The Texas Railroad Commissioner, Ryan Sitton, has told media that his agency will study the link between “oil and gas injection activities” and the increased risk of earthquakes. According…
Algeria’s state-held oil company Sonatrach exported an all-time high volume of crude oil in October, Reuters reported on Tuesday, quoting a senior company official. Last month Sonatrach exported 2.77…
A larger than expected build in United States crude inventories caused West Texas Intermediate prices to fall slightly after the American Petroleum Institute’s weekly supply report hit the press Tuesday…