Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Moody’s has slammed the current model used by oil companies to remunerate executives as too dependent on growth and as such, outdated and not in…
All’s not well in oilfield services, but it might start getting a bit better from now on. That’s the essence of a statement made by…
India’s state oil company ONGC has collected US$1 billion in proceeds from two bond issues, which will be used to refinance a loan, taken out…
Canadian media are quoting oil and gas company Husky Energy as having told authorities that a leak from a pipeline has spilled between 200,000 and…
Three export terminals on Russia’s Arctic coast shipped an average of 230,000 barrels of crude in the second quarter of 2016. This figure is almost…
An oil pipeline project that was suspended due to financial problems a few years ago may once again be on the agenda because of the…
The UAE is hardly the country one thinks would rely on nuclear energy, but times are changing, and the emirates are all for renewable energy…
It’s out. The second part of Elon Musk’s Top Secret Master Plan has been published on the Tesla website. The much-awaited document gave rise to…
The race for the Moon is on. Nobody is really sure exactly what resources are located on the Moon, or how vast they are, but…
Nigeria’s government has launched a special fund worth US$100 million to take care of securing the credit that the oil industry of the country needs.…
Commercial crude oil stockpiles in the U.S. fell by 2.3 million barrels in the week to July 15, the Energy Information Administration reported. This is…
The city council of Vancouver has voted unanimously to ban new construction for oil storage facilities and refineries in the city, as well as expansions…
It’s a safe bet that investors are getting increasingly tired of all the conflicting forecasts about oil and gas prices. Some argue that oil is…
Cameron LNG, Sempra Energy’s liquefied natural gas export terminal in Louisiana, has received approval for a planned expansion in the amount of gas it exports…
The Olympic Target supertanker, carrying two million barrels of Iranian crude, is en route to the eastern Chinese port of Shandong, Reuters reports, citing sources…
A week after a Hague tribunal ruled against its territorial claims to 80 percent of the South China Sea, Beijing is organizing military exercises in…
A lot of people in Europe are wondering why political leaders on the continent seem to be ready to agree with whatever Turkish President Recep…
Arab countries exported US$50.4 billion worth of crude oil in the first quarter of the year, local media report. This is US$24 billion less than…
Legislators from the South-South and South East regions of Nigeria have urged the federal government of the country to change the ownership rules for oil…
Protests over unpaid salaries from a unit of the Libyan Petroleum Facilities Guard have caused a delay of two shipments of crude oil from the…