Charles is a writer for Oilprice.com
In an early Wednesday attack, Niger Delta militants have blown up two Chevron oil wells in Warri, leading a shut down in the wells and…
As Venezuela drowns in debt and takes its state-run oil company, PDVSA, down with it, Reuters is reporting that BP has over 2 million barrels…
U.S.-based Continental Resources is seeking to sell Bakken crude oil to South Korea in a move being described as a major coup in the aftermath…
France is facing complete transportation chaos as public transport system workers join mass protests, adding to the desperation already caused by nationwide fuel shortages and…
The resurgence of Niger Delta militancy has reached the level of an all-out renewal of conflict that Nigeria’s security forces appear incapable of stopping, and…
The UAE’s economy minister sees oil jumping to $60 per barrel in the next few months. "It’s possible for oil prices to reach $60 or…
The oil rig count fell again this week from 318 to 316 after last week’s slight reprieve, coming in at the lowest at any point…
Media outlet Sputnik International has cited unnamed sources as saying that Indonesian Energy Minister Sudirman Said is expected to be elected the next secretary-general of…
For the second time in less than a year, oil services provider Hercules Offshore is heading for Chapter 11 bankruptcy protection by entering a restructuring…
In two simultaneous attacks late on Thursday, the Niger Delta Avengers (NDV) have targeted a state-run crude pipeline near the Batan oilfield. The oil and…
For the first time in over six months oil prices rose to $50 per barrel. Brent crude moved up to $50.19 during morning trading on…
Syrian regime forces have pushed Islamic State (ISIS) militants from a strategic hilltop overlooking the al-Shaer oilfield, recapturing the hilltop and forcing ISIS to pull…
Royal Dutch Shell announced that it would eliminate another 2,200 positions, which means that its total job losses is roughly equivalent to the entire payroll…
UK shale stocks are up as much as 25 percent on the local government’s approval of the first fracking permit in five years, and analyst…
Oil hit close to $50 per barrel overnight, riding high on preliminary inventory data that showed an over 5-million-barrel dip in crude stockpiles and reaching…
India’s state-owned oil and gas giant ONGC risks losing a massive Persian Gulf gas field in a contracting hurdle, as it races against Saudi Arabia…
Iraq is now producing around 4.5 million barrels per day, up from April but below its record of 4.78 million bpd in January this year,…
Struggling to stay afloat as the Venezuelan economy crumbles and unrest becomes riotous, the country’s state-run oil company, PDVSA, is reportedly offering service providers a…
French police have successfully liberated a critical fuel depot that was under blockade from union protestors in an effort to remedy fuel shortages across the…
A federal indictment made public on Monday alleges that Morris Zukerman, founder of the investment firm M.E. Zukerman & Co., evaded US$45 million in taxes…