Xi Jinping's visit to Europe…
The easing of tensions between…
The International Energy Agency (IEA)…
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…
A delayed natural gas pipeline between Bulgaria and Romania that was supposed to be completed in 2013 will purportedly become operational later in 2016. "The interconnector…
Goldman Sachs has rejected analysts’ opinions that the global oil market is recovering, noting that while it expects a “modest” deficit in the coming months based…
Eduardo Cunha, the suspended speaker of Brazil’s Chamber of Deputies and one of the main forces behind the impeachment of President Dilma Rousseff could soon be…
Shell has plans to ink a deal with the Russian gas company Gazprom sometime this week. The deal is related to Gazprom’s plan to begin a…
Oil futures moved up slightly on Wednesday morning following the U.S. Energy Information Administration’s (EIA) official weekly report showing U.S. crude inventories down by 900,000 barrels…
Oil companies in Japan are expanding their list of crude importers, in an effort to reduce their reliance on Middle East oil. Japan-based Idemitsu Kosan upped…