Andy Tully is a veteran news reporter who is now the news editor for Oilprice.com
The semi-autonomous Kurdistan Regional Government (KRG) says that increased oil sales will allow it to begin making regular monthly payments to the oil companies that…
When the price of a commodity falls, there are two ways for companies to react: Either cut costs and even sell assets to improve cash…
Kazakhstan and the International Atomic Energy Agency (IAEA) signed an agreement on Aug. 27 to have the former Soviet republic host the world’s first bank…
A merger of Schlumberger Ltd. and Cameron International Corp., if approved, could mean savings not only for a new company, but also for its customers…
At least one environmental group is threatening to appeal a judge’s decision approving New Jersey’s settlement of a pollution lawsuit with Exxon Mobil Corp. in…
Scotland’s Green Party is proposing that Britain nationalize its oil industry, which it says not only would end dependence on multinational corporations but also create…
Iran’s oil minister says his country supports calls for an emergency OPEC meeting to explore ways to shore up the price of oil, but even…
The merger of Southern Co. and AGL Resources will create a utility with the second largest pool of customers in the United States. Southern, which…
China’s may achieve its goal to stop the growth of its carbon emissions before its deadline of 2030 because the country's discharge of carbon dioxide…
South Asia may be the world’s leading producer of milk, but its dairy farmers have to fight hot weather in a region where electric refrigeration…
Russia is resubmitting its claim of more than 460,000 square miles of the Arctic, including the North Pole, as its sovereign territory, saying it has…
Oklahoma is requiring energy companies to greatly reduce the amount of wastewater they inject below ground in an earthquake-prone part of the state to determine…
Fresh news of the continued growing supply of oil and the weakening demand in China caused the price of crude to begin this week with…
Even before Iran reached a deal with six world powers on its nuclear program, it expressed optimism that such an agreement was within reach, that…
Once international sanctions on Iran are lifted, the country will be able to increase its production of crude oil to pre-sanctions levels – by 500,000…
A Japanese citizens’ judicial committee has overruled government prosecutors and forced them to bring three former executives of the Tokyo Electric Power Co. (TEPCO) to…
Lately the leaders of some of the world’s biggest energy companies have been saying oil prices will remain depressed for some time – perhaps for…
The Norwegian oil company DNO says the bombing of a pipeline from Iraq to Turkey didn’t interrupt production at its key Tawke field in Iraqi…
UPS, a shipping company that relies heavily on its boxy brown trucks, says it plans to buy up to 46 million gallons of renewable diesel…
Air China Cargo is about to begin the first direct freighter service linking China with Canada, a route that will link Shanghai with Edmonton and…