Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
The price of OPEC’s oil basket, which is made out of 14 different blends, fell to US$42.58 a barrel yesterday, below the closing price of…
Brazil’s energy major Petrobras has prepared a proposal for the listing of its fuel unit, to be reviewed and approved by its board of directors,…
Russia exported 4.822 million bpd of crude oil by sea in May, down from a record 5.21 million bpd in the previous month, energy data…
Iran has finally started exporting natural gas to its neighbor Iraq, after a four-year delay due to the challenging security situation in war-torn Iraq. The…
Federal judge James Boasberg, who last week ruled for an assessment review of the environmental impacts of the Dakota Access pipeline, has scheduled more hearings on…
Clean coal’s future isn’t looking so bright today, as Mississippi regulators voted to stop progress on the second clean coal power plant in the U.S. in…
If governments around the world stick to the Paris Agreement targets for CO2 emissions, big oil companies stand to lose US$2.3 trillion in the period…
That Louisiana is sinking into the Gulf of Mexico is not news. Rising seas and coastline erosion have been working together for decades, but this…
With WTI slipping into a bear market, global floating oil storage at a record high for this year, and Libya getting closer to its target…
The tender for the development of Iran’s Azadegan oil field has been delayed by several months, according to Ali Kardor, the managing director of the…
France’s energy giant Total will commit US$1 billion to the development of the South Pars offshore gas field in Iran, after the U.S. extended a…
Crude oil started the week with a loss, which may be extended today as U.S. shale drillers continue to add rigs, and Libya and Nigeria…
Replacing coal-fired power plants with solar power installations could save as many as 51,999 lives every year, a study from the Michigan Technological University has…
Libya is producing 885,000 barrels of crude oil daily after last week it reached an agreement with German Wintershall that will see the latter restart…
Russia’s Rosneft announced its first crude oil finds in the Eastern Arctic, in the Laptev Sea. The company did not detail any reserve estimates for the…
Oklahoma is the state that springs to mind whenever earthquakes and oil are mentioned in the same sentence, but a fresh report from the Academy of…
Canada’s Mordor, as environmentalists like to call the oil sands, is notorious for how “dirty” oil extraction is there. It’s also notorious for how expensive…
PetroChina and trader Mercuria have sold off half of the fuel oil they had in floating storage off the coasts of Singapore and Malaysia on…
Medallion Midstream has announced the end of its binding open season for commitments from crude oil shippers for two extensions in its Wolfcamp pipeline system…
Eight hedge funds have pulled out more than US$400 million in positions in ten big shale oil and gas companies active in the Permian, Reuters…