Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
French supermajor Total plans to drill 23 wells this year, three times more than it drilled in 2016 and 2017, with a focus on Africa…
Canadian Natural Resources, one of Alberta’s biggest oil producers, has made a 180-degree turn on the production cuts imposed by Premier Rachel Notley last December…
The trump administration announced new sanctions on Venezuela’s state oil company PDVSA, which will significantly reduce its crude oil exports to Gulf Coast refiners, Reuters…
The White House is preparing measures that will reduce states’ powers over the approval or ban of new energy projects, notably oil and gas pipelines,…
The American Petroleum Institute reported that a number of records were broken in the energy industry of the United States in December, including gasoline demand,…
Venezuela will continue trading with the United States despite the fact Washington broke off diplomatic relations following president Nicolas Maduro’s inauguration for a second term…
Saudi Arabia is looking to attract almost US$430 billion in foreign investments for a large-scale infrastructure program, Energy Minister Khalid al-Falih told media, as quoted…
Canadian oil producers are keeping a close eye on the latest events in Venezuela and the opportunity to boost their exports south of the border…
Exxon has inked a preliminary agreement with Germany Uniper for future LNG supplies to a new import terminal in Wilhelmshaven, Reuters reports, citing the German…
Saudi Aramco, in partnership with U.S. Air Products and Chemicals, will build the first hydrogen fuel cell station in the Kingdom, leveraging Air Products’ SmartFuel…
Excess supply of gasoline coupled with slow demand has pressured refiners margins, Reuters reports, noting refining margins for the fuel in the United States sank…
Decommissioning the offshore platforms that have reached the end of their productive life will cost UK taxpayers some US$31.46 billion (24 billion pounds) over the…
When Alberta Premier Rachel Notley announced obligatory production cuts of 325,000 bpd in December in a bid to tackle a deep discount between Western Canadian…
South Korea imported no Iranian crude oil for the fourth month in a row in December, S&P Global Platts reports, citing information from Korea National…
U.S. crude oil inventories went up by 8 million barrels in the week to January 18, the Energy Information Administration said in its latest weekly…
Venezuelan PDVSA’s crown jewel, U.S.-based refiner Citgo, has idled a gasoline production unit at a small refinery in Corpus Christi, Texas, Reuters reports, citing sources…
Crude oil demand this year will grow by 1.4 million bpd, BP has estimated, despite growing worry about where the global economy is headed, which…
Iran has struck oil in a hitherto untapped region, Oil Minister Bijan Zanganeh told local media as quoted by Reuters. “This is the first time…
China imported a record-high amount of liquefied natural gas last December, at 6.29 million tons or 25 percent more than in the previous month, Reuters…
Aramco is looking to invest in U.S. natural gas and is prepared to spend “billions” on acquisitions in the segment, the company’s chief executive Amin…