Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
The United Arab Emirates will start publishing weekly inventory data for its Fujairah port in a bid to enhance transparency and help turn the Indian…
The Niger Delta Avengers announced yesterday that they have bombed the Bonny pipeline, which carries crude to the Shell-operated Forcados terminal. The militant group had…
Saudi Arabia is ready to reduce its crude oil output if Iran agrees to freeze its own at current levels, anonymous sources have told Reuters.…
Maersk Oil is well-placed to not just survive but thrive after its split from its parent, Danish logistics conglomerate AP Moeller Maersk, according to analysts.…
The richest man in Hong Kong, billionaire Li Ka-shing, has placed a bid for the gas distribution network of UK’s National Grid. The utility is…
It all looked so promising: Saddam Hussein is overthrown, post-war Iraq needs help with getting back on its feet, and foreign oil companies are quick…
Gazprom Neft launched commercial-scale production at the Messoyakha field, the northernmost land oilfield in the world, in the Russian Arctic. The field has swallowed US$1.3…
The Islamic State is digging a moat around its biggest stronghold in Iraq, Mosul, in preparation for an expected attack from the Iraqi army and…
The last couple of years have been tough for international oil companies operating in Nigeria: depressed prices and a wave of militant attacks on infrastructure…
Russia’s Lukoil will start commercial-scale production at the Filanovsky oilfield in the Caspian Sea before the end of the month, the company said. There are…
The Seadelta tanker bound for Italy, has finally left the port of Ras Lanuf. This is the first export cargo of crude oil from Libya…
Crude oil inventories last week fell by 6.2 million barrels to 504.6 million barrels, the EIA reported, a day after the American Petroleum Institute estimated…
Brazil’s state-owned energy giant Petrobras said in a regulatory filing it will be spending US$74.1 billion over the next five years—a 25-percent reduction on the…
Norway’s state-owned oil company Statoil has celebrated the five-billionth barrel of crude extracted from the North Sea Statfjord field, where production began in 1979. The…
Natural gas producers in the state of Colorado have a problem. It’s not a problem that’s unique to them, but it’s potentially more serious than…
Canada’s Encana is preparing the placement of up to 107 million shares of new common stock to fund the development of an oilfield it operates…
Gas deliveries from Cheniere Energy, the operator of the Sabine Pass LNG export terminal, dropped on Monday and Tuesday, signaling they may now be shutting…
Investment in upstream operations in the oil and gas industry shrank by a quarter last year and is expected to continue shrinking this year by…
Nigerian police have rescued 15 employees of oilfield service company Nestoil who were abducted in early September. The rescue operation involved gunfire that resulted in…
The Petroleum Facilities Guard and the Libyan National Army (LNA) yesterday locked horns again, at the Ras Lanuf port, which halted the loading of the…