Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
In the latest round of state-run energy company IPOs, Kazmunaygas, the state oil and gas company of Kazakhstan, plans to list by 2020, with the…
Efficiency and costs are the two magic words of the oil industry today. While just a few years ago the top priority was production growth,…
Russia has exceeded its assigned quota for crude oil production cuts by 790 barrels a day, sources from the Energy Ministry told media. Russia was…
Nigeria is hoping that OPEC will extend the oil production cut deal for the rest of 2017 as the challenge from U.S. shale is showing…
A day after the American Petroleum Institute injected a bit of optimism among traders by reporting a crude oil inventory draw of 4.2 million barrels,…
Baker Hughes has taken efficiency efforts in oil and gas a potentially big step further on the road to even lower production costs. Its DeepFrac technology,…
A deputy manager at Iraq’s Northern Gas Company was gunned down today by an unidentified group of men on the way to his office in…
Mexico will be happy to receive suggestions for offshore blocks to be included in the December bidding round for its section of the Gulf of…
A new gas condensate refinery, dubbed the Persian Gulf Star, will make Iran self-sufficient in gasoline production and will set the country on its way…
The Kurdistan Regional Government has closed 61 illegal refineries since last year, when it approved new regulations aimed at curbing the access of private energy companies…
OPEC could extend its crude oil production cut agreement by less than six months – the period that is widely assumed to be the logical…
The first quarter of the year saw record-high oil and gas M&A activity in the U.S., with the value of deals topping US$73 billion –…
Indonesia is ambitiously planning to bring in $200 billion in new oil investment as local production declines and demand grows. As part of the plan,…
In a move long awaited by the U.S. energy industry, President Trump will order a review of the offshore oil and gas drilling bans that…
Tackling climate change and achieving the Paris Agreement temperature rise target of 2 degrees Celsius by 2030 requires a hefty investment in nuclear power, a…
Russia has effectively reached its 300,000-bpd production cut target under its agreement with OPEC, Energy Minister Alexander Novak said. “Yesterday it was about 298,000 barrels.…
In its latest Commodity Markets Outlook, the World Bank maintained its Q1 forecast for oil prices at $55 a barrel, saying, however, that overall energy…
New crude oil discoveries last year amounted to just 2.4 billion barrels, the International Energy Agency said, adding that the average annual rate of new…
Following a home blast near a vertical well operated by Anadarko (NYSE:APC) , the company said it will shut all its vertical wells in northwestern…
Mexico’s state oil major has decided to hedge its oil output until the end of the year for the first time since 2006, spending $133.5…