Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Amid a growing number of companies preparing to leave Iran as U.S. sanctions kick in, one international oil and gas consortium has announced it will…
Russia pumped 11.09 million barrels of oil daily in the first week of June, Interfax reported Saturday, citing an unnamed industry source. This is 143,000…
The Permania, as someone called the oil industry and private equity rush to West Texas and New Mexico, has begun to take its toll on…
The Trump administration has allocated US$4 million for construction work ahead of the start of oil and gas drilling in the Arctic National Wildlife Refuge,…
The Trump administration has allocated US$4 million for construction work ahead of the start of oil and gas drilling in the Arctic National Wildlife Refuge,…
Sudan and South Sudan have agreed to jointly repair oil infrastructure that was damaged during the bloody civil war that resulted in the split in…
Climate change could have wiped out alien civilizations and may be on the way to wipe out mankind, too, a new study has suggested. Using…
Microsoft said yesterday it had submerged a second experimental data center off the coast of Scotland, as part of its Natick project that studies less…
Venezuela has released two local Chevron executives that were arrested back in April on corruption allegations, Reuters reports, citing sources from Caracas and Chevron. A…
The Russian energy and finance ministries agreed with oil companies to start cutting the export duty on crude gradually, to bring it from the current…
Market researchers are in a rush to lower their solar capacity addition forecasts for this year after China surprised everyone by announcing it will not…
Dozens of tankers waiting to load over 24 million barrels of Venezuelan crude are sitting at the country’s main oil export terminal, with the loading…
The oil industry expects more mergers and acquisitions in the 12 months ahead, which is a marked difference from just a year ago when everyone…
Aramco has raised the prices of its most popular crude oil grades for sale in Asia amid growing worry about supplies from Venezuela and Iran.…
Washington has shelved indefinitely a planned overhaul of the national biofuels policy that sought to reduce costs for the oil industry, two sources told Reuters,…
A day after American Petroleum Institute estimated a solid build in gasoline inventories that pressured West Texas Intermediate, the Energy Information Administration added to the…
Venezuela’s state oil company may be forced to announce a force majeure on crude oil exports if clients awaiting delivery continue to refuse to accept…
We are living in a carbon bubble with trillions of dollars held in oil, gas, and coal assets that would be wiped out before long…
Canadian crude oil surged by $12.20 a barrel after Enbridge, the country’s biggest oil export pipeline operator said it will not make oil producers stick…
Venezuela’s state oil company PDVSA has told eight foreign clients it will be unable to supply the contracted volumes of crude oil, a company employee…