The fluctuating prices in response…
Suriname's oil boom hopes are…
Namibia wants to join OPEC…
Only 15 months after the discovery of a giant offshore gas field in Egypt, British Petroleum (BP) has approved its first phase development and is fast-tracking…
A militia group in Libya calling itself The Benghazi Defense Forces launched an attack on eastern military units in an area close to oil facilities…
Fracking, which has garnered a great deal of controversy over the years, was the subject of a lawsuit in Louisiana, when the Louisiana Supreme Court decided…
Petrobras claimed on Wednesday to have discovered its largest find at its Libra field located off Brazil’s southeast coast. According to the state-run oil producer,…
Breaking its losing streak for the first time this year, the Canadian dollar has now rebounded after a rough six months and six straight days of…
The Israeli Energy Ministry is planning to offer up new offshore gas exploration licenses later this year, saying that the country’s undiscovered resources could make the…
This week, Sudan's National Intelligence and Security Services reportedly seized 64 kilograms of gold that were to be smuggled to another country; and arrested seven…
News outlets in China and Iran have been reporting that the two nations have agreed to a joint venture in the Persian Gulf. The project…
Lukoil President Vagit Alekperov said that his company is seriously considering reentering the Iranian energy market following the removal of international sanctions earlier this year In…
The Aruban unit of oil company Citgo and the Aruban government have reached an agreement to re-open one of the Caribbean’s largest oil refineries in San…
Calgary-based energy infrastructure company TransCanada said it would build and operate a $2.1 billion natural gas pipeline in Mexico, Reuters reported Monday. TransCanada will own a…
As alleged peace talks break down before getting off the ground, and the Niger Delta militants claim another attack on a state-run oil pipeline, a second…
The past years’ drop in oil prices has hit the industry in North Dakota fairly hard. April was another tough month for the industry as…
Exxon Mobil has evacuated the non-essential personnel from the Las Flores Canyon facility in Santa Barbara County in California due to a wildfire that has yet to be brought under…
Italy has leapfrogged Turkey to become the second-largest importer of Russian gas, according to Gazprom CEO Alexei Miller on 15 June. "In 2016, Italian consumers have…
Russian energy company Gazprom has outbid Rosneft and Lukoil to acquire the rights to two Arctic oil and gas fields. Gazprom paid the equivalent of US$354.6 million for development…
Video footage has surfaced from 2010 showing Orlando shooter Omar Mateen badmouthing cleanup crews in the Gulf of Mexico following BP’s catastrophic Deepwater Horizon oil spill.…
Energy giants Exxon Mobil Corporation and BHP Hilton are mulling plans to sell off depleting assets in Australia. Under consideration for sale are 13 fields,…
Devon Energy is set to sell its remaining non-core assets in the Midland basin area of Texas at a price tag of $858 million. The…
Last month’s wildfire in northern Alberta Canada could cost Suncor Energy almost $1 billion CDN, or $778 million USD. That fire, which resulted in the…