Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Indonesia is open to rejoining OPEC, but only if it can determine its own production levels, the country’s Energy and Mineral Resources Minister Ignasius Jonan…
The Energy Information Administration once again helped to lift oil market spirits this week by reporting another hefty decline in U.S. commercial crude oil inventories…
Natural gas output from the U.S. shale formations is at a record high. So are recoverable gas reserves, according to the Potential Gas Committee. This…
Equis Energy, the Singapore-based firm that sports the largest renewable energy portfolio in the Asia-Pacific, has attracted none other than Shell as one of its…
The British Oil and Gas Authority has announced a fresh bidding round for 813 oil and gas blocks in the North Sea. This is the…
Russia’s Energy Minister Alexander Novak said yesterday that over the last six months, global crude oil supply has shrunk by 350 million barrels thanks to…
Things have been mostly good for Nigeria’s oil industry in recent months. The government negotiated a peace with the militants that wreaked havoc on the…
Iraq’s crude oil output could hit 5 million barrels daily by the end of the year, the country’s Oil Minister Jabar al-Luaibi told Iraqi media,…
Vietnam has called off a drilling expedition in the South China Sea after reported pressure from Beijing, the BBC reports, citing an unnamed industry source.…
OPEC seems to be willing to let exempt members Libya and Nigeria boost their crude oil output further before asking them to join the supply…
China has a no-nonsense approach to pretty much everything. After its rapid growth as an industrial power, it is now employing this very same approach…
If the U.S. administration decides to impose sanctions on Venezuela that include a ban on crude oil imports from the South American country, refiners on…
Kuwait’s Oil Minister Essam al-Marzouq has delivered an anticlimactic statement regarding the upcoming OPEC ministerial meeting in St. Petersburg: the ministers will discuss compliance levels with the…
Rosneft and PDVSA are negotiating the swap of the 49-percent stake in Citgo that the Russian company holds as loan collateral for a number of…
Saudi Aramco may have to buy out its 30-percent partner in Saudi Aramco Base Oil Co, Jadwa Investment Co., as the latter is seeking to…
Brazil’s oil industry regulator ANP has released the model contract for the next round of oil bids, seeking to motivate bidders with lower royalties and…
Unsuccessful investments in the Nigerian oil industry may have had a part to play in tennis legend Boris Becker’s recent bankruptcy, according to documents from…
Arctic oil drilling may be controversial and expensive—and is generally not a top priority in the energy industry—but Italy’s energy major Eni begs to differ.…
The Trump administration is mulling over sanctions against senior Venezuelan government officials, and additional measures could include sanctions against the country’s oil industry, such as…
BP is considering a restructuring of its oil, gas, and petroleum product business in the U.S. that would involve the spin-off of some of the…