Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Chevron has decided to drop its US$500-million exploration program in the Great Australian Bight off the coast of South Australia as low oil prices make…
With the EV market about to explode and the European Union planning a battery-making consortium to bring the continent onto the global EV battery scene,…
India needs foreign drillers on board to increase its crude oil production as it plans to reduce its dependence on imported oil. According to Wood…
EIA today reported a 2.8-million-barrel draw in U.S. crude oil inventories for the week to October 6, lifting market spirits further amid higher oil demand…
The Dakota Access oil pipeline can continue shipping oil from North Dakota’s Bakken fields to Illinois despite protests, U.S. district judge James Boasberg ruled in…
Forget about oversupply of lithium, and ignore the naysayers. There’s no bubble here. Everyone’s talking about electric cars, and lithium miners are getting more than…
Mergers and acquisitions in the oil and gas industry are on the rise, and the trend will intensify over the next 12 months, the latest…
After a brief respite in August, OPEC oil production rose once again in September, to 32.75 million bpd, up 88,500 bpd from the previous month,…
South Sudan’s government is making a push for better oil industry security as the new African country looks to return to oil production rates from…
Saudi Arabia plans to export 7.1 million barrels of crude daily next month, substantially more than what it said it would ship abroad from August…
Bayelsa, a state in the Niger Delta region of Nigeria, will search for non-oil natural resources to diversify away from its main commodity—oil. This is…
Iraq and Iran increased their crude oil shipments abroad last month, taking advantage of lower Saudi exports to key destinations to expand their international market…
While OPEC mulls over further steps to once again support falling oil prices, tech startups are quietly ushering in a new era in oil and…
Brent crude and West Texas Intermediate started the week with gains after yesterday OPEC’s Secretary General, Mohammed Barkindo, said the cartel may have to take…
Chevron has announced the start of production at its Wheatstone LNG offshore project in Australia, with exports from the facility due to begin in several…
As of Sunday, 92.61 percent of crude oil production capacity in the Gulf of Mexico was shut in, the Bureau of Safety and Environmental Enforcement…
Saudi’s headlines keep rolling in. Saudi Arabia is deepening its ties with Russia, with billions of investments planned for the future. Saudi Arabia is going…
After Chevron said on Wednesday it was preparing to begin shutting down two platforms in the Gulf of Mexico ahead of a tropical storm raging…
Vitol’s chief executive, Ian Taylor, said he expected the shift to electric vehicles and non-fossil fuel sources of energy to shrink the oil industry. Speaking…
Argentina is eyeing a copycat of Brazil’s offshore oil and gas development with a tender of blocks off the Atlantic coast, to take place in…