The total number of active…
Diplomatic and political leaders worldwide…
In case of further escalation,…
Saudi Oil Minister Ali al-Naimi may be one of the most powerful individuals in the global oil industry. After all, as the top oil official in…
America’s largest energy trade association is suing the US government, contending that its timeline for upgrading oil tank cars for freight trains isn’t realistic and, in some cases, is too…
Prices for oil around the world have been stabilizing recently, but the heavy oil from Alberta, called Western Canada Select (WCS), is positively booming by comparison.WCS accounts…
Eldar Saetre has been shaking up the leadership of Norway’s government-owned energy company since he took over as CEO three months ago, and doesn’t seem ready to stop. He has…
The biggest risk to US economic growth remains the possibility of an extended US dollar rally. The Fed rate hike expectations have been pushed out to December and many doubt…
The Russian hydropower company RusHydro and China Three Gorges Corp. have signed a deal to cooperate on a 320-megawatt hydroelectric power project in Russia’s Far East. Under the pact,…
Environmentalists are furious that the Obama administration has given conditional approval to Royal Dutch Shell’s plans to explore for oil and gas in the Arctic Ocean, given its troubled history…
Iran already is holding meetings with potential European and other Western customers about buying its oil, a further indication of the country's confidence that most or all of the UN…
The United States is reporting some success in persuading Greece to accommodate a Western-backed pipeline through Turkey to supply Europe with gas from the Caspian Sea rather than an alternative…
This hasn’t been a good week for the oil industry in North Dakota.First, a train carrying crude for Hess Corp. derailed and burned in central North Dakota…
Turkey’s Trans-Anatolian Pipeline (TANAP), conceived to deliver gas from Azerbaijan to Europe, has become so popular recently that Turkmenistan also wants to use it, and now even Iran is interested…
It was only on May 1 that the United States and Canada announced stricter new rules for oil trains, but five days later a train carrying crude derailed and…
With the world’s fourth largest gas reserves, Turkmenistan has enough to keep everybody happy. But for the remote Central Asia country and its suitors, taking the potential and turning it…
It was the persistently low price of oil, combined with a rise in imports, that pushed Canada’s trade deficit to a record high in March.The shortfall rose to…
“No one can set the price of oil,” Saudi Oil Minister Ali al-Naimi says. “It’s up to Allah.”Was that comment, made in an interview May 5 on…
The main oil production changes from February to March are: World total liquids up 1,000,000 bpd OPEC up 890,000 bpd N America up 80,000 bpd Russia and FSU up…
The government of Myanmar is further opening up to international business by signing a deal with two foreign energy companies, Statoil of Norway and ConocoPhillips of the United States, who…
The European Union is looking for ways to diversify its source of gas to reduce its dependence on Russia. Turkmenistan is looking for ways to
The stricter new safety standards being imposed by US and Canadian officials on trains hauling crude oil aren’t sitting well with either the rail…
The low oil prices that have been dogging the energy industry led to dramatically lower quarterly earnings for Royal Dutch Shell and Exxon Mobil, but the…