Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
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…
OPEC and Russia have no immediate plans to increase their combined production despite last week’s call from President Trump for the cartel to start pumping…
South Korea has not bought any Iranian oil since June, an official from the Iranian oil ministry told Shana. This makes it the first country…
When the New York Times earlier this month reported that President Trump had met with Venezuelan military officers unhappy with the country’s government to discuss…
Emirates National Oil Company has begun storing jet fuel on tankers ahead of U.S. sanctions against Iran, to make sure planes arriving and leaving Dubai…
India’s Reliance Industries has shut down an oil and gas field in the offshore Krishna-Godavari basin after its production rates began to decline several months…
With growing demand for natural gas for power generation and other applications, Mexico needs to prioritize a domestic production increase, the head of Mexico’s National…
Mexico’s state energy company Pemex and a consortium led by U.S. Talos Energy have agreed to evaluate whether a field discovered by Talos in the…
Oilfield service providers suffered the heaviest blows from the 2014 oil price meltdown—there is little question about that. And the situation was particularly grave in…
Crude oil exports from southern Iraq are close to a record-high so far in September, averaging 3.6 million bpd as of yesterday, Reuters reports, citing…
Japanese refiners have stopped buying Iranian crude ahead of the November 4 deadline set by Washington to all countries doing business with Iran before economic…
Canada’s transport ministry will fast-track a phase-out of two models of rail cars for the transportation of crude oil and condensate as oil exports by…