Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Some 78 energy and natural resources firms globally have defaulted so far this year, according to S&P, accounting for 53 percent of all bankruptcies worldwide…
By now, the shock from Donald Trump’s victory in the U.S. presidential election should be starting to subside, but this is hardly the case with…
In a somewhat rare post-U.S. election demonstration of practical thinking, South Korea’s deputy Energy Minister Woo Tae-hee advised private energy businesses in the country to…
Some OPEC members are saying OPEC will do whatever it takes to make all members join the production cut agreement that’s been chewed over since…
The Texas Railroad Commissioner, Ryan Sitton, has told media that his agency will study the link between “oil and gas injection activities” and the increased…
After the API yesterday reported a 3.65-million-barrel increase in crude oil inventories and WTI remained relatively stable, the EIA has thrown in an official build/decline…
The nearer the OPEC November 30 deadline draws, the more critical its decision gets. In fact, it may well be a case of life or…
Russia’s Economy Minister Alexei Ulyukayev has been detained on charges of bribery after an ongoing investigation caught him in the act of receiving US$2 million…
The Russian Finance Ministry announced today that the export duty for the country’s most popular Urals blend of crude oil will be lowered to US$90.40…
Shell has emerged as the number-one employer in the energy industry, according to a Rigzone survey among 8,400 respondents in more than 100 countries. This…
Two of Donald Trump’s main pledges during the presidential race were building a wall along the border with Mexico, and making the U.S. energy-independent. Now…
The Gutseriev family, owners of 75 percent in Russian oil company Russneft (not to be confused with Rosneft), a midsized player in the field, is…
Shell is considering a partial divestment of its US$3-billion business in Norway as part of an asset sale program aimed at reducing its debt load.…
Three new oilfields in Iran were put in production mode this weekend at an official ceremony, adding more than 220,000 bpd to the country’s total…
The technical committee in charge of hammering out the details of an OPEC-wide production cut will meet for a fresh round of discussions on November…
Continental Resources’ CEO Harold Hamm is on the short list for Secretary of Energy, according to a document obtained by the Associated Press. Along with…
Just one day after the IEA warned the world could drown in oil if production does not fall beneath demand sometime soon, OPEC released a…
In its third-quarter report, Exxon warned it might have to write off 4.6 billion barrels of oil and oil equivalent from its proved reserves if…
WildHorse Resource Development Corp, an independent oil and gas field operator focused on the Eagle Ford shale in Texas, has filed for an initial public…
With large-scale project opportunities for oil and gas development on the decline, supermajors are turning to smaller endeavors that yield faster returns—but they haven’t entirely…