Charles is a writer for Oilprice.com
Close to 45 million acres of oil and gas leases in the Gulf of Mexico will go up for sale next month, the Bureau of…
Turkish Prime Minister Ahmet Davutoglu today blamed Kurdish militants in Turkey and Syrian Kurdish fighters for the Ankara bombing that left some 28 people dead…
S&P dropped a bombshell on Thursday, downgrading the sovereign credit rating for Saudi Arabia by two notches. The ratings agency also slashed credit rating for…
A consortium led by Brazil’s state-run Petrobras has announced a discovery of more oil in the offshore Libra prospect in the pre-salt Santos Basin. Drilling…
The Energy Information Agency (EIA) projected today that crude oil production in the U.S. Gulf of Mexico should increase to record high levels next year,…
Total’s impressive fourth quarter earnings give us a glimpse into how a supermajor can adjust to an oil price slump by getting the downstream-upstream balance…
For the first time since February 2005, the average U.S. retail price for diesel fuel fell below $2 per gallon, according to the Energy Information…
A Nigerian parliamentary committee has announced major anti-corruption findings in relation to a multi-billion-dollar crude oil swaps program with foreign companies. The ad-hoc committee revealed…
State energy officials in Kazakhstan have announced the production will resume at the giant Kashagan oilfield by the end of this year, putting the largest…
After Russia and several top OPEC nations, including Saudi Arabia and Qatar, announced a general agreement to freeze oil production, sights shifted to Tehran to…
Under domestic financial pressure, the Kurdistan Regional Government (KRG) in northern Iraq has accepted a deal from Baghdad that would have the Kurds halt unilateral…
Militants from the National Liberation Army (ELN) blew up a section of Colombia’s Transandino pipeline overnight Monday, killing two policemen right before the incident. The…
Russia’s Gazprom today announced that its Board of Directors has re-elected current CEO Alexei Miller, effective May 31, 2016. The appointment will be Miller’s fourth…
In the wake of a series of attacks on Niger Delta oil installations and an increase in oil theft in recent weeks, Nigerian President Muhammadu…
The authorities of Cyprus have announced their third offshore licensing round for oil and gas exploration in the Exclusive Economic Zone (EEZ), with 12 blocks…
Iranian officials are touting soaring volumes of exports of oil products, announcing today that the first exports of gas oil products—fuel oil distilled from petroleum--are…
Oil prices responded half-heartedly this morning on the news coming out of the surprise Doha meeting that four producers, including Saudi Arabia and Russia, have…
Oil has risen 2 percent since this morning on speculation ahead of a meeting tomorrow in Doha among ministers from Saudi Arabia, Russia, Qatar and…
A dangerous showdown is unfolding in the Syrian town of Azaz, near the border with Turkey, as Russian-based Syrian forces advance and Syrian Kurds step…
Oil prices and the broader financial markets have suffered from acute bout of volatility so far in 2016, with no signs of letting up. The…