Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Saudi Arabia plans to reduce its crude oil production further, to 9.8 million bpd in March, Energy Minister Khalid al-Falih said in an interview for…
Rosneft’s chief executive Igor Sechin wants Russia to quit its production control deal with OPEC, Reuters reported last week, citing sources that have seen a…
Forces from the Petroleum Facilities Guard sent by the UN-recognized government of Libya have reached the Sharara field, which the Libyan National Army, affiliated with…
Venezuela’s troubled state oil company PDVSA is telling the buyers of oil produced by its joint ventures to deposit the money for purchases in a…
Tesla Model 3 topped the global EV sales ranking compiled by CleanTechnica and EV Volumes for 2018. In fact, Tesla as a brand dominated the…
Yemen’s Saudi-backed government has plans to export crude oil at a rate of 75,000 bpd this year, according to oil minister Aws Abdullah al-Awd, who…
Natural gas flows into the three liquefaction and export plants on the U.S. Gulf Coast have begun to increase once again after a brief interruption…
A committee from the House of Representatives has approved a bill aimed at making OPEC members liable to U.S. antitrust legislation, Reuters reports, adding the…
Venezuela’s PDVSA has begun mixing its extra heavy crude with locally produced light oil as imported diluents from the United States are now hard to…
Crude oil prices fell slightly today in Asia as traders continued with caution amid persistent worries about global economic growth and the chances of the…
Canadian crude oil is already expensive enough for the production cuts to stop making sense: some producers have already started rolling them back far ahead…
A gas line operated by Pacific Gas and Electric Co. exploded yesterday, sending flames high into the air, the San Francisco Chronicle reported, adding that…
B.C. Hydro has accumulated a US$4.2-billion (C$5.5 billion) pile of so-called deferral accounts as a result of political pressure from provincial governments to keep rates…
Venezuela’s opposition will use oil export proceeds collected in a U.S.-based fund to finance its attempts to overthrow the government of Nicolas Maduro, Reuters reports,…
OPEC is seeking closer and more formal ties with Russia in its oil market control endeavors, the Wall Street Journal reports, citing sources from the…
When Washington announced its latest sanctions against Venezuela, targeting specifically state oil company PDVSA, there was worry—and hope, depending on perspective—that this will push crude…
A day after the American Petroleum Institute disappointed oil bulls by reporting an estimated inventory build across the board, the Energy Information Administration deepened the…
Qatar and Exxon have officially announced a US$10-billion joint investment in their Golden Pass LNG project in Texas, which will turn the LNG import terminal…
Record-breaking oil and gas production in the United States was one of the focal points of President Trump’s State of the Union Address this week,…
Businesses bought a record 13.4 GW of energy produced from renewables sources last year, bringing the total since 2008 to more than 32 GW, an…