Charles is a writer for Oilprice.com
Commodity trading giant Vitol bought back shares worth $2.2 billion from its top 350 executives and employees who are the owners of the company, Bloomberg…
Indian Oil Corporation (IOC), the country’s biggest refiner and fuel retailer, doesn’t expect its capacity utilization to return to pre-pandemic levels in the near future,…
The autonomous government of northeast Syria has signed a deal for the marketing of crude oil with a U.S. company, Al-Monitor reports, citing unnamed sources…
Chinese state-held giant China National Petroleum Corporation (CNPC) is in advanced talks to buy a 10-percent stake in a giant natural gas field in Oman…
President Donald Trump yesterday signed two permits for oil export infrastructure along the U.S.-Mexico border in Texas to boost exports of crude to Mexico. One…
Wyoming regulators look to stimulate oil production in the state with a new tax relief proposal that calls for a tax exemption until the price…
Low oil prices have made the only large-scale commercial project for carbon capture in the United States uneconomical, E&E News reported on Tuesday. The Petra…
The coronavirus crisis and the collapse in oil prices will not be the death knell for Canada’s oil sands, as production will still grow through…
European majors Eni, BP, and Total have successfully tested a new natural gas discovery in Egypt’s shallow waters, the Italian company said on Tuesday, commenting…
President Donald Trump has nominated two candidates for the vacancies at the Federal Energy Regulatory Commission that have remained unfilled for two years now—and the…
UK’s oil company Aurora Energy Resources plans to challenge the government moratorium on fracking issued at the end of 2019, just a few months after…
The United States has threatened General Khalifa Haftar with sanctions over his ties with Russia, the Wall Street Journal reports, after Russian military contractors with ties…
Brazil’s state-held oil firm Petrobras launched on Friday a tender for three new Floating Production Storage and Offloading (FPSOs) units for one of the largest deepwater oilfields…
Ukraine’s state-held gas firm Naftogaz is reportedly opposed to the pricing formula for U.S. liquefied natural gas (LNG) it could receive under a long-term contract,…
Oil revenues for the world’s largest oil exporter, Saudi Arabia, continued to slide in May after the Kingdom ended its oil price war with Russia,…
For decades, the nuclear energy sector has been regarded as the black sheep of the alternative energy market, thanks to a series of high-profile disasters…
LNG producer Tellurian sold $35 million worth of new stock to a group of institutional investors to prop up its finances as the outlook for…
China Oil & Gas Pipeline Network (PipeChina), the company Beijing created in December 2019 to combine the infrastructure assets of the state-owned energy majors, has…
The UK oil industry has slammed the government for refusing to provide it with the means for blanket testing for Covid-19, Bloomberg reports, noting that,…
Struggling with a recession amid low oil prices and measures to curb the pandemic, Russia is mulling over cutting its military budget by 5 percent…