Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Two Nigerian oil and gas industry unions today joined a general strike called by the Nigeria Labor Congress, which has placed fuel supply in the…
The latest step taken by the Trump administration in supporting the energy industry has been the relaxation of safety rule for offshore oil and gas…
Mexico’s President-elect Andres Manuel Lopez Obrador has assured oil companies operating in the country that no oil contract will be cancelled as long as it…
In the last 24 hours there have been two fascinating media reports about the Iran sanctions: one is a Bloomberg story saying Indian refiners will…
Chinese energy company Nexen, a unit of CNOOC, is preparing to pull out of the United States amid rising trade tensions, Reuters reports, citing three…
The United States will not sell crude oil from the Strategic Petroleum Reserve to help ensure the global market is well supplied when sanctions against…
Mexico’s state-owned oil company Pemex plans to start importing up to 100,000 barrels of light crude daily, ending decades of oil self-sufficiency as declining domestic…
Saudi Arabia and other OPEC members have been discussing on the quiet a half-a-million-barrel increase in their combined oil production to keep a lid on…
Rising oil prices are pushing up prices for fuels in Asia, and this is coming at a bad time; many Asian currencies are depreciating as…
India will soon start looking for investors in the second phase of its strategic petroleum reserve, a senior executive of the company managing the reserve…
“We will ensure prior to the reimposition of our sanctions that we have a well supplied oil market,” the special U.S. envoy for Iran, Brian…
A day after the American Petroleum Institute reported an inventory build that some traders took as a surprise and started selling their oil holdings, the…
Tesla will release its biggest software update in two years by the end of the week, chief executive Elon Musk, true to himself, said in…
It’s that season again: ahead of the final quarter of the year, oil markets are once again riled by an event that will have a…
TransCanada could begin work on the construction of the now notorious Keystone XL oil pipeline as soon as next year after an environmental impact review…
The European Union said it has set up a special-purpose vehicle that will handle transactions involving Iranian oil and European goods, AFP reports, citing a…
A squeeze on oil demand is looming as a result of the U.S.-China trade war, a senior BP executive told Reuters. Acknowledging the bullish effect…
Guyana has put all oil auctions on hold until it sets up a ministry to deal with all things energy, Reuters reports, citing Minister of…
The entry into effect of tighter emission rules for bunkering fuel will cause a temporary spike in crude oil demand as refineries increase their daily…
Saudi Arabia will boost its crude oil production in the coming months as it expects stronger demand, Oil Minister Khalid al-Falih said this weekend, as…