Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
In an exclusive interview for Axios, Trump said this weekend that he is not opposed to a meeting with his Venezuelan counterpart Nicolas Maduro. The…
China has made life a little easier for car manufacturers who make gasoline-electric hybrids by reclassifying these hybrid vehicles more favorably with regard to its…
Crude oil demand could recover to levels last seen before the coronavirus pandemic sometime next year, Russia’s Energy Minister Alexander Novak told German daily Handelsblatt…
The one-month extension to the deepest OPEC+ oil production cuts will be enough to speed up market rebalancing and there is no need to extend…
It may sound far-fetched at a time when many are worrying if Brent could rise back to $50 a barrel, but at least one analyst…
It has been a busy few days for oil price spotters: first BP revised down its long-term oil price projection to $55 per barrel of Brent crude,…
BP has raised some $12 billion in a hybrid bond issue, the Financial Times has reported, taking advantage of low interest rates and strengthening its…
There is increased threat of piracy in the southern Gulf of Mexico, with oil platforms and other installations a potential target, the U.S. government has…
Industrial output in Russia fell last month, largely as a result of the crude oil production cuts that Russian oil companies had to implement following…
Oil prices recovered a bit on Wednesday morning after the Energy Information Administration reported an inventory build of 1.2 million barrels for the week to…
Venezuela is still sending oil to China despite stifling U.S. sanctions, Bloomberg has reported, citing shipping data from Kpler. As of this Monday, the data…
Crude oil price started the week on the seesaw, with headwinds and tailwinds battling for control in a persistently unstable market situation. A spike in…
Mexico is ready to sell crude oil to Venezuela should it need it, President Andres Manuel Lopez Obrador said, as quoted by Latin American media…
Exxon has reduced its crude oil production at the Liza offshore field in Guyana due to the risk of excessive flaring, according to the South…
Canada’s government has been perhaps surprisingly ready to help the country’s ailing oil industry. Interest-only loans, backstopping loans that troubled companies can’t pay have been…
Saudi state oil giant Aramco has finalized the purchase of a majority stake in petrochemicals major Sabic on the Saudi stock market, Reuters reported, buying…
Iraq’s government has approached international oil companies operating some of its largest oilfields to reduce production further and they have agreed, Reuters reports, citing an…
BP has warned it will book pre-tax writeoffs on assets and exploration to the tune of $16-21 billion in its second-quarter results as it revised…
When shale drillers in the world’s largest oil producer started shutting in oil wells that had suddenly become uneconomical, many in the industry breathed a…
The U.S. federal government is investigating reports that Libyan General Khalifa Haftar had traveled to Venezuela to discuss oil contracts, Reuters has reported, citing a…