Drexel University researchers successfully tested…
The U.S. government is investing…
The UK aviation industry is…
Two oil container ships have collided off the coast of east China, one catching fire and the second severely damaged. No casualties have been reported, but…
Less than a year after the Chinese government allowed local refineries to use imported crude, the demand for overseas oil has risen by 7.6 percent, exceeding…
Shell has evacuated nearly 100 essential oil personnel from a major production facility in the Niger Delta, following a series of attacks from a newly formed…
Iranian Oil Minister Bijan Namdar Zangeneh has denied reports from last week that his country was willing to rally behind an oil output freeze plan tabled…
The already week-long fires still raging cross the Alberta oil sands region in Canada have forced many companies to further cut production and issue warnings that…
Rosneft Trading SA, a subsidiary of Russian state-owned Rosneft Group, delivered its first LNG cargo to the port of Ain Sukhna in Egypt, as part of…
The third largest gas producer in the US, Anadarko Petroleum Corp, is reportedly planning to sell assets in three states as it seeks to raise $3…
Tectonic shifts in the global coal market are underway, posing a series of questions for traditional coal supply markets. Coal has historically played and continues to…
Continued reliance on energy derived from coal may have an unintended consequence to the environment in the countries where it is burned the most, according to…
After making a $21-million wire payment to a fraudulent company account claiming to be that of Saudi Aramco, South Korea’s largest petrochemical company, LG Chem, is…
A brand new North Dakota refinery—the only new refinery built in the United States since the 1970s--has been forced to cut production, while its owners and operators are forced to…
The Qataris are putting their Shaheen oilfield up for tender, leaving Denmark’s AP Moller-Maersk—the operator of the field since 1992—out in the cold and prompting the…
As the first wildfire that started in Fort McMurray continues to rage and thousands are evacuated from a nearby oil work camp where they had sought…
Chevron Corp. has taken some 90,000 barrels per day of oil offline following an attack by the Niger Delta Avengers on its Okan offshore oil platform,…
There’s been a lot of excitement over the gold market lately. With bullion prices touching $1,300 this past week, for a gain of nearly 25 percent…
In the aftermath of a militant attack on a Chevron oil platform in the Niger Delta region, the group claiming responsibility…
State-owned Saudi Aramco is raising oil prices to its Asian customers by $1.10, the biggest jump in prices from Aramco in some 14 months. In a…
Iranian officials are saying that BP Plc will open an office in Iran this summer, though BP has not independently confirmed this. The announcement was…
Devon Energy posted a $3.1 billion loss in the first quarter of the year, down $6.44 per share, but less than the $3.6 billion, or $8.88…
The Syrian military announced it would observe a 48-hour truce in the city of Aleppo following pressure exerted by both Russia and the United States amid…