Charles is a writer for Oilprice.com
Crude oil futures rose 3.5 percent in mid-afternoon trading on Wednesday, following official data earlier in the day showing a 3.4-million drop in crude inventories…
While dramatic talk of an end to Gazprom’s ‘monopoly’ in Europe steals headlines in the wake of the first LNG shipments to the continent, Germany…
Amid unresolved technical issues at Tullow’s floating storage and offloading (FPSO) vessel in the giant Jubilee oilfield offshore Ghana, production is back on line but…
Tesla hit the ground running with its new Model 3 electric vehicle, with impressive advance sales that indicate this car will be very mainstream at…
Ukraine’s security services on Wednesday raided the headquarters of the country’s largest gas company Ukrgazvydobuvannia, as an ownership battle emerges. Ukrgazvydobuvannia, wholly owned by state-run…
The prospect of producing oil from the U.S. Arctic looks increasingly remote as the oil industry walks away from drilling leases. After Royal Dutch Shell…
An abatement in the spread of the wildfires ravaging through Canada’s Alberta region see oil production back on line soon after production was cut by…
Australian Entek Energy Limited has entered into an agreement with Houston-based Peregrine Oil & Gas to sell the company’s entire Gulf of Mexico portfolio for…
The US Energy Information Administration (EIA) has revised its earlier crude oil price forecast, originally issued in April, but now expected to be around $40.52…
Libyan officials attached to the government in Tripoli are warning that the country will have to halt the majority of its output from southeastern fields…
A Panama-registered oil tanker that disappeared from radar three weeks ago en route to Senegal has now reportedly washed up in Liberia without its crew,…
At least 73 people have been killed and dozens more severely wounded in a head-on collision between an oil tanker and two buses on a…
U.S. company Cobalt has announced the discovery of condensates and natural gas in the Zalophus #1 well in Block 20 offshore Angola, in the sixth…
Seeking to expand its electricity and renewable energy business, French energy giant Total SA has agreed to acquire high-tech battery maker Saft for $1.1 billion…
Less than a year after the Chinese government allowed local refineries to use imported crude, the demand for overseas oil has risen by 7.6 percent,…
Saudi Arabia revealed more details about its planned initial public offering of the state-owned oil company Saudi Aramco. As part of Deputy Crown Prince Mohammed…
The already week-long fires still raging cross the Alberta oil sands region in Canada have forced many companies to further cut production and issue warnings…
A Saudi government overhaul which saw the dismissal of the long-time Saudi oil minister signals quite a lot—from the kingdom’s new economic ‘’vision’’ to the…
The third largest gas producer in the US, Anadarko Petroleum Corp, is reportedly planning to sell assets in three states as it seeks to raise…
The second-largest producer of natural gas in the United States, Chesapeake Energy Corp., has announced plans to sell part of its Oklahoma shale acreage in…