Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Pemex will avoid investing in deepwater offshore projects, instead focusing on areas where it has experience, including the shallow waters of the Gulf of Mexico…
Contractual disagreements and the deteriorating security situation in the Middle East have threatened Exxon’s US$53-billion deal with the Iraqi government, Reuters reported today, citing sources…
The asset management arm of UK’s insurer Legal & General will remove ExxonMobil from its Future World Funds as these are focused on clients with…
Tesla held just a 6.3-percent share of the residential solar installations market in the first quarter of this year, falling to the third place for…
Iran has said its Revolutionary Guard had shot down a U.S. drone flying over Iranian territory, days after the U.S. accused Iran of shooting down…
India is the fastest-growing energy market in the world as demand for energy on the subcontinent booms. On this, analysts are unanimous. They are also…
Despite OPEC oil production cuts and Venezuela and Iran sanctions, the world seems to be oversupplied with crude oil, with the excess amounting to some…
The federal government of Canada has approved the controversial Trans Mountain oil pipeline expansion project that it bought from Kinder Morgan last year. The project…
After two consecutive weeks of crude oil inventory builds, this week the Energy Information Administration offered some respite for prices with a draw, of 3.1…
In what is the first confirmed strike against a foreign-owned oil asset, Libya’s National Oil Corporation said a warehouse in Tripoli that it owns jointly…
While Greenpeace activists were busy planning their occupation of a BP drilling rig, Exxon and Sabic sealed a US$10-billion deal for what is going to…
Venezuela’s struggling oil company PDVSA plans to resume operations at its Isla refinery on Curacao, a company official who wished to remain unnamed told S&P…
The Pentagon will send 1,000 additional U.S. troops to the Middle East on request from the Central Command for additional forces, Newsweek reports, citing a…
OPEC members are happy with crude oil prices between US$60 and US$70 per barrel, Equatorial Guinea’s oil minister Gabriel Mbaga Obiang Lima told S&P Global…
Two recent explosions at hydrogen fueling stations may have soured the fuel’s reputation, but there is increasingly optimistic sentiment for it, with two reports last…
It has been a while since the last assurance from a senior Saudi official that the initial public offering of oil giant Aramco is going…
Tesla’s third Gigafactory, one that will provide it with a way around Chinese tariffs on U.S. goods, is being built “at an incredible speed,” writes…
The Strait of Hormuz will remain open for all vessels, the U.S. Secretary of State Mike Pompeo told CBS in an interview this Sunday, adding…
The federal government of Canada is set to approve the highly controversial Trans Mountain pipeline expansion project this week, unnamed sources have told Reuters. The…
Just three years ago it was the new hot spot in U.S. shale, the “Permian Jr.”, and the place where many pinned their hopes for…