Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Amid plunging oil prices pressured by the double weight of U.S. production and global economic growth projections, the Energy Information Administration reported a crude oil…
India will use five escrow accounts in Iranian banks to pay for deliveries of Iranian crude oil amid U.S. sanctions, Bloomberg reports, citing sources close…
North Korea is still receiving crude oil shipments despite the military presence of a U.S.-led coalition deployed to ensure UN sanctions against Pyongyang are being…
Canada’s federal government will provide a US$1.2-billion (C$1.6-billion) lifeline to Alberta’s energy industry, CTV News reports, adding that most of the funds will be used…
After a week’s blockade by a militant group, Libya’s largest oil field, Sharara, has been shuttered by a force majeure declaration by the National Oil…
Shell is in talks to acquire Endeavor Energy Resources for US$8 billion, Bloomberg reports, citing sources close to the negotiations. Earlier, Shell was not the…
Global demand for coal will remain stable over the next five years despite a lot of talk about the effects of this dirtiest of all…
When the International Maritime Organization announced it would introduce a new, lower, sulfur emission ceiling for bunkering fuel, many in the energy industry worried that…
Mexico’s oil major Pemex will spend US$23 billion next year, up 14 percent on 2018, with focus on already producing fields in the shallow waters…
State energy major Qatar Petroleum is looking to invest as much as US$20 billion in LNG projects in the United States over the next few…
A report from HEC Montreal, a business school in Quebec, has revealed that while the province publicly boasts its environmentally conscious approach to energy, the…
The COP24 conference in Katowice, Poland, finally reached an agreement on parts of a rulebook aimed at facilitating the implementation of the Paris Agreement targets…
Supermajors are taking on more renewable energy commitments lately as they prepare for a less carbon-intensive future. Some of them are going a step further,…
Russia exported 36.65 million barrels (5 million tons) less crude oil in the first ten months of the year, not least because of its participation…
Libya’s National Oil Corporation said it would not pay a “ransom” to have the armed militiamen that shut down the field last week lift their…
A joint venture between troubled Venezuelan state oil company PDVSA and China’s CNPC in the South American country has doubled its oil production in the…
Chinese refinery runs stood at 12.28 million bpd last month, higher than the same time last year but lower than the previous month and the…
China’s natural gas demand could grow by 4.5 billion cubic meters next year as Beijing added another three million households to gas heating, Reuters has…
French energy major Total said it had cut its interest in the Ichthys LNG project operated by Japan’s Inpex in Australia, citing cost overruns Total’s…
Japanese refiners will start buying Iranian crude oil in January, but will only continue buying until March to make sure they don’t get on the…