Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
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…
The Energy Information Administration offered jittery oil markets respite today by reporting a draw of 4.7 million barrels in U.S. commercial oil inventories. The report…
The last couple of years have been turbulent for the international oil market and all of its players. But there are signs that the waters…
A Tokyo court has rejected a petition brought against Japan’s biggest oil refiner, Idemitsu Cosan, by its founding family. The family argued that a recent…
Mexico’s National Hydrocarbons Commission will later this week announce the terms for its second deepwater oil and gas tender, and the blocks that will be…
ExxonMobil has decided that it “no longer wishes to continue further discussions or activity” regarding the East Natuna natural gas block offshore Indonesia, after having…
Something that’s been whispered about in the last few months is now being talked about loudly: U.S. oil drillers’ debts. There have been a few…
Saudi Arabia’s Energy Ministry has invited bids for a 400-MW wind power plant to be built in northwestern Saudi Arabia. According to the press release,…
Chinese refineries processed 11.21 million bpd of crude oil last month, up 2.3 percent on the year and the second-highest daily processing rate on record,…
Bharat Petroleum has become the second Indian refiner to start buying U.S. crude oil, after Bharat purchased 500,000 bpd of Mars and the same amount…
One commodity analyst got it right: the OPEC cuts would not work. After November last year when the oil cartel announced its agreement with Russia…
A week after Tesla announced it had won a tender for the installation of the world’s biggest battery storage system in Australia, Siemens and AES…
The United States and Mexico will expand their energy ties, the two countries’ energy ministers said after a meeting in Mexico. The Associated Press quoted…
A jump in immediate demand for oil products in Southeast Asia is affecting oil storage capacity and services providers, according to local traders who spoke…
The U.S. government will offer 75.9 million acres to oil and gas exploration companies in the upcoming lease sale auction, to take place on August…
The American Petroleum Institute reported a 62-percent annual increase in oil and gas drilling in the second quarter of 2017 in the United States. For…
The UK Financial Conduct Authority, the country’s financial markets regulator, has proposed a change in rules for the listing of new companies in a bid…
Chinese customs data has revealed that the world’s second-largest consumer of crude oil imported 8.55 million barrels of oil daily during the first half of…
Energy companies that took part in two onshore oil and gas exploration tenders in Mexico yesterday have pledged total investments of US$2 billion for the…
The world is heading towards an oil deficit, if we are to believe recent headlines quoting the chief executive of Saudi Aramco, Amin Nasser. There…