Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
After a three-day suspension of production due to a blockade by an armed group, Libya’s giant Sharara oil field re-opened on Wednesday, Bloomberg reports, quoting…
The biggest oil price third-quarter rally in years came to a grinding halt this week with preliminary OPEC production figures for September suggesting an increase,…
Russia and Saudi Arabia have been called unlikely allies, thrown together by the lower-for-longer oil price scenario that has been unfolding over the last three…
It’s been an exciting summer for fossil fuels and renewables, with natural gas production hitting a year-to-date high, global crude oil stocks finally starting to…
Middle Eastern oil producers are confident that strong demand for their product from Asia will keep their coffers full even as U.S. shale boomers venture…
Nigeria’s Extractive Industries Transparency Initiative has recovered some US$3 billion in payment dues from oil and gas operators in the country, the agency’s executive secretary…
Crude oil prices extended their losing streak today as worries about once again rising global inventories frosted hopes that global supply is returning to normal.…
There can hardly be any doubt that President Trump is determined to make good on his campaign promises, which made the energy industry a top…
UAE’s Abu Dhabi National Oil Company, or ADNOC, will cut its crude oil output by 139,000 bpd in November as part of the UAE’s commitment…
Qatar reported a 2.7-percent annual contraction in its mining and quarrying sector, which includes oil and gas production, for the second quarter of the year.…
Saudi Arabia’s economy contracted by 1.03 percent over the second quarter of the year, after a 0.5-percent contraction in the first quarter. The pace of…
Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the…
The largest power utility in Brazil, Eletrobras, will auction its electricity distribution subsidiaries for the symbolic sum of US$0.31 (1 real), with the winner to…
Shale oil and gas producers need WTI prices at least US$50 oil to be able to see significant returns, analysts from Moody’s said in a…
The contract has been signed, and construction is underway at the site of what will be one of the world’s biggest battery installations, courtesy of…
It’s somewhat tradition for oil analysts to produce a flurry of new forecasts after every sharp move in prices, and the latest rally in WTI…
Norway’s Statoil has chartered the last ultra-large crude carrier in the world, TI Europe, to Malaysia, where the oil will be transferred onto smaller vessels…
Saudi Aramco will enter crude oil trading as part of valuation-boosting efforts ahead of its planned IPO in 2018, unnamed sources close to the company…
Exxon won the rights to develop 10 oil blocks in Brazil’s deep waters at a Wednesday auction that marks a turn for the local oil…
With the recent crude oil rally that brought WTI to a five-month high, it’s only fitting to have a look at what’s happening with natural…