Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Sweden is on track to reach its 2030 renewable capacity target by the end of this year, the Swedish Wind Power Association said. Wind farm…
ConocoPhillips has won a court ruling allowing it to depose Citgo, the U.S. unit of troubled Venezuelan state oil company PDVSA, Reuters reports. The move…
South Korea has suspended all buying of Iran crude and superlight crude, more commonly known as condensate after the U.S. stepped up pressure on Iran…
The new Mexican government will not remove the energy sector reform introduced by the previous administration in 2013, the president-elect’s chief of staff told Bloomberg…
"Everyone is almost certain it (IPO) is not going to happen," a senior Aramco executive told the Wall Street Journal yesterday, confirming already existing doubts…
The eastern Libyan government based in Tobruk has accused Qatar of aiding the militant groups that tried to take over the country’s oil ports last…
Iran plans to reduce its international trade relations only to countries that buy its crude oil, an Iranian MP told Iranian media. The new trade…
If fuels were actors, LNG would be the rising star. Everyone wants LNG: it’s cheaper and cleaner than oil, and it is abundant enough to…
As oil prices continue to press on higher the EIA reported an inventory build of 1.2 million barrels for the week to June 29. This…
U.S. sour crude oil sellers have reduced their pricing for Asian customers, fearing that demand for U.S. oil may drop as China threatens to slap…
Last year, hurricane season disrupted a lot of oil production and refining capacity along the U.S. Gulf Coast, sending oil prices soaring. This year, however,…
One of Brazil richest men, Eike Batista, has received a 30-year prison sentence for bribes given to the former governor of Rio de Janeiro, Sergio…
Kinder Morgan will restart work on the Trans Mountain pipeline expansion project next month, the company said in a filing. CTV reports that the company…
Nigeria was recently rated the poorest country in the world, ahead of India, and that’s despite several hundred billion dollars in oil earnings over the…
China’s Development Bank has approved a US$5-billion loan for Venezuela’s oil industry, Bloomberg reports, quoting the troubled South American country’s Finance Minister Simon Zerpa. “We’ve…
When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June…
Russia and Saudi Arabia have reaffirmed their commitment—and that of the OPEC+ group—to increase crude oil production by 1 million bpd, Bloomberg reports, citing a…
Automation, data analytics, the Internet of Things—you name it, the oil industry wants it. In the new post-crisis, efficiency-driven industry the adoption of digital technology…
Rhode Island yesterday filed a lawsuit against 21 oil companies, including Exxon, Chevron, and ConocoPhillips, for contributing to climate change that is hurting the state’s…
The White House has dismissed a suggestion that President Trump made in a tweet that Saudi Arabia is ready and willing to increase oil production…