Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Indian Oil Corp., the country’s largest oil refiner, has signed its first annual contract for deliveries of crude oil from the United States, Reuters reports,…
Gazprombank has reportedly frozen accounts held by Venezuela’s state oil company PDVSA and has stopped conducting transactions involving these accounts on concern of getting penalized…
Kenya broke diplomatic relations with neighbor Somalia after a row over several oil and gas blocks escalated into an open conflict, media report, adding Nairobi…
Oil market sentiment has swung from bearish to bullish in the last few days as tailwinds for the commodity strengthen. A string of updates from…
Warren Buffett’s investment firm Berkshire Hathaway acquired 10.8 million shares in Canada’s Suncor during the last quarter of 2018, CNBC reports citing a SEC filing.…
The Safaniyah oil field in Saudi Arabia—the world’s largest—is producing at a reduced capacity after a ship’s anchor cut a main power cable, Reuters reports…
Venezuela’s Supreme Tribunal of Justice, the country’s Supreme Court, ordered legal action against individuals that opposition leader Juan Guaido announced as the new board members…
As the hype around blockchain subsides and actual applications come to light, the technology is beginning to change the face of a huge industry: crude…
The BOEM has scheduled a region-wide oil and gas lease sale for the Gulf of Mexico, in which it will offer a total 14,696 blocks…
Venezuela’s president Nicolas Maduro has declared that the country will increase its crude oil production by 1 million bpd along with production increases in other…
The first grid-scale battery storage system in India launched this month, marking the first step of one of the world’s largest energy users to a…
The U.S. solar power industry workforce expanded by 150,000 jobs in the period 2010 to 2018, the latest census from the Solar Foundation found. Last…
In a sign things for the oil industry in Canada’s oil industry are improving, albeit slowly, bankruptcies in the industry last year declined by as…
Executives from major U.S. nuclear energy companies met with President Trump yesterday to ask for the administration’s help in expanding abroad, Bloomberg reports, citing sources…
Crude oil prices inched down today after the Energy Information Administration reported a crude oil inventory build of 3.6 million barrels for the week to…
New Mexico received US$2.2 billion in revenues from oil production last year, data from the state’s Tax Research Institute showed. This was a 26-percent increase…
The Venezuelan opposition led by Juan Guaido could soon become the owner of PDVSA’s U.S. refining business, Citgo, in what would only deepen the chaos…
Shell and Eni were among the companies awarded oil exploration licenses in Egypt’s latest oil and gas tender, Reuters reports, adding the two companies along…
The Environmental Protection Agency may not include limits on biofuel credit trading in its new draft proposal on gasoline sales, Reuters reports, citing three unnamed…
Venezuela’s troubled state oil company PDVSA is pressuring its joint venture partners to strengthen their commitment to their joint projects, Reuters reports, citing unnamed sources.…