The expected higher expenditures, as…
The World Bank's latest report…
Chinese purchases of LNG, coal,…
The world’s largest sovereign wealth fund, Norway’s US$870-billion oil fund, said that it excludes, effective Wednesday, Duke Energy Corp (NYSE:DUK) and three subsidiaries from its investment…
Things are about to get very serious in the world’s top nickel-producing nation. That’s the message this week coming from lawmakers in the Philippines. With the country’s mines…
U.S. and coalition military forces have conducted air strikes and destroyed ISIS oil pump jacks and oil tanker trucks in Syria, the U.S. Department of Defense said…
Royal Dutch Shell announced on Tuesday that it started production in its ultra deepwater fields in the Gulf of Mexico, according to an official statement posted on…
Statoil informed its employees via its companywide intranet that all employees would receive an offer to apply for severance packages, according to a report by The Norway Post. …
EOG Resources (NYSE:EOG) said on Tuesday that it had agreed to buy independent company Yates Petroleum Corporation in a stock-and-cash transaction worth for US$2.5 billion, thus…
Texas’ drilling companies added 100 jobs in July, marking the first monthly increase of the kind in the state’s energy sector for 19 straight months, according to…
Two major Abu Dhabi sovereign funds - International Petroleum Investment Co. (IPIC) and Mubadala Development Company PJSC – will come together to create an alliance with assets of approximately US$125…
Fierce clashes between Yemen’s government loyalist troops and Iran-backed Shiite Houthi rebels over control of an oil-rich region in Yemen killed 10 soldiers and at least 16…
Iran’s aim to reach pre-sanction oil production levels could receive a welcome boost according to comments made by a senior official at the National Iranian Oil Company (NIOC)…
On Tuesday, Canadian pipeline company Enbridge agreed to the purchase of Spectra Energy Corporation out of Houston. The all stock deal is valued at $28 million. In…
The Russian news agency Tass reports that the government has accessed its reserve funds for the third time this year in order to cover a shortfall in…
One of the most interesting stories in mining and energy of late has been the re-emergence of Argentina. With a new pro-business government here moving quickly to open…
Labor Day weekend gas prices have hit a 12-year low this year, according to a report by the U.S. Energy Information Administration on Friday. Thanks to the…
Over 11,700 Petrobras employees signed up to get fired through the Brazilian energy firm’s voluntary dismissal program, according to a new report by Bloomberg. The government-owned company…
Forced by unfavorable market conditions and regulatory delays, Enbridge Energy will drop its planned pipeline project Sandpiper that was to transport crude oil from North Dakota’s Bakken…
Iraq and the semi-autonomous region of Kurdistan have restarted joint exports of crude from the Kirkuk oil field, after the two parties reached a preliminary revenue-sharing deal earlier…
The UK’s police, who are guarding the nuclear sites in the country, have said that 130 security breaches at sites have occurred in the past five years,…
Some say that the casualty numbers are overhyped. Other say it is a serious problem. But at the Ivanpah Solar Plant in Nevada, birds are bursting into…
A series of air strikes conducted by the Syrian army across the country ended with scores of militants dead and various vehicles destroyed, including a caravan of…