Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
When Alberta’s government announced obligatory oil production cuts last December, it was a desperate attempt to arrest a price slide of the local crude benchmark…
Sinopec reported a 76-percent drop in its latest quarterly profit for October-December 2018, which is the lowest since at least the third quarter of 2016,…
The governor of Khuzestan, the biggest oil-rich province in Iran, has banned government officials from leaving it despite the danger of floods in the region,…
Two Russian planes with 100 troops landed in Venezuela this weekend, Reuters reports, citing media reports and flight tracking websites. The move is the latest…
Security forces at the Alaas field in northern Iraq have thwarted an attack by Islamic State militants, killing and injuring several attackers, Iraqi media report…
When Big Oil majors started buying EV charging networks and battery producers, they probably earned some praise for venturing into new business directions away from…
The opposition-led National Assembly of Venezuela this week voted to suspend crude oil shipments to Cuba after its president, Juan Guaido, slammed these exports as…
Exxon’s negotiations with Algeria for the development of local shale gas resources are being delayed because of the widespread anti-government protests in the North American…
Exxon could lose its lobbying access to the European parliament after no company representative showed up at a hearing on climate change denial, the Guardian…
A senior U.S. government official has told Indian media that private local refiners had stopped importing crude oil from Venezuela, noting the cooperation of Indian…
The Mexican government plans to use money from a public income stabilization fund to help reduce the sizeable debt pile that state energy major Pemex…
Reliance Industries has started selling oil products including the popular diluent naphtha to PDVSA from its Indian and European subsidiaries after it suspended oil product…
A federal judge blocked oil and gas drilling in part of Wyoming, claiming the Department of the Interior had not considered the implications of drilling…
Canada’s federal government does not consider the Albertan oil industry a priority despite its central importance to the provincial economy, the Canadian Association of Petroleum…
Petrofac workers on BP offshore platforms plan to walk out of all platforms as a result of an unresolved dispute regarding work rota arrangements. “The…
When Washington announced the return of economic sanctions against Iran, the main idea was pretty clear: cut exports of vital oil to zero to paralyze…
Japanese refiners are unlikely to continue buying Iranian crude from April onwards, the president of the Petroleum Association of Japan said as quoted by Reuters.…
BP is planning to start powering some of its operations in the United States with electricity produced by solar farms, Bloomberg reports, quoting the chief…
Despite its notoriety as a legacy producing region, the UK’s continental shelf yielded 20 percent more oil and gas in the last five years after…
A day after API’s estimate of another weekly crude oil inventory draw in a row sent WTI higher, the Energy Information Administration confirmed a large…