Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Saskatchewan will review the engineering standards and other rules for crude oil pipelines following a more than 200,000-liter crude oil spill from a Husky Energy-operated…
In a bid to attract more foreign investment, Nigeria’s government has introduced a new, faster visa application procedure that will allow executives traveling there on…
Statoil has won 13 exploration licenses in the Gulf of Mexico, saying this marks a reset of its campaign in the area. The Norwegian company…
PetroChina may be considering a spinoff for its oil and gas pipeline business, which could be worth as much as $85 billion, according to investment…
The central Canadian government has allocated US$22.5 million (C$30 million) in financial aid for the province of Alberta in its new budget, in a bid…
Just when international oil benchmarks are sliding down, banks are preparing to review the credit lines of U.S. E&Ps. Starting in April, lenders will reassess…
In a research note, Goldman Sachs has effectively demoted OPEC from a price setter to a mere inventory manager, with the cartel’s long-term control over…
Amid growing worry about the direction that oil prices are heading into, the Energy Information Administration reported a 5-million-barrel build in U.S. commercial oil inventories…
China’s independent refiners known as teapots have used up the amount of imported crude that the government allocated to them in January, which means imports…
Japanese oil refiners are worrying that China’s new fuel standards that are driving higher output will ultimately result in a deadly loss of market share…
A pipeline that will carry crude oil from the coast of Myanmar to southwest China is nearing its start as the two countries settle their…
Saudi Arabia’s king Salman last week invited Beijing to take a more active part in Middle East politics and in response, the Chinese Foreign Ministry…
Italy’s Financial Security Committee has approved a $5.6-billion (5.2-billion-euro) loan from Intesa SanPaolo to Glencore and the Qatar Investment Authority for the acquisition of a…
The Libyan National Oil Corporation expects to soon regain control over the Es Sider and Ras Lanuf oil terminals, which were the point of clashes…
Thailand’s state-owned oil and gas company PTT is seeking investment opportunities for its $11 billion in cash and marketable securities to make up for the…
Efficiency is the new buzzword for the oil and gas industry in case someone’s missed it. But it is more than just a buzzword, at…
The Somali pirates that earlier this week hijacked a tanker shipping fuel from Djibouti to Somalia’s capital, Mogadishu, have released the vessel and the crew…
Secretary of State Rex Tillerson has supported the White House’s proposal to cut his department’s funding by 28 percent, or over $10 billion, contained in…
A stipulation in the draft “skinny budget” released by the Trump administration has put the government at odds with the state of Nevada as it…
A tax reform proposed by the Trump administration could free up to $10 billion annually for the U.S. oil industry and maybe encourage more investments…