Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Saudi Arabia wants oil prices to rise to US$60 a barrel this year – a level that would motivate new investments but will not encourage…
OPEC members lost over US$2 trillion in revenues and capital expenditure in the oil price crash, the cartel’s director general Mohammed Barkindo said, speaking to…
Gazprom will increase the price it charges for its natural gas in the European Union this year, to US$180-190 per 1,000 cubic meters, Deputy Chairman…
Angola reported US$950 million in crude oil export revenues for January, the highest in 16 months, data from the country’s Finance Ministry showed. Africa’s top…
Four bombs detonated at an oil pipeline in Kirkuk, northern Iraq, killing one and injuring three members of the Kurdish security forces. At the time…
After three straight weeks of builds in commercial oil inventories, today, the EIA had some more bad news for traders. The authority reported a build…
The world’s largest public oil company, ExxonMobil, has slashed its proved reserves of crude oil by 3.3 billion barrels. The figure represents 19 percent of…
The new head of the Environmental Protection Agency, Scott Pruitt, has delivered a number of emails to the Center for Media and Democracy, a watchdog…
The months-long protests against the Dakota Access oil pipeline project has seriously hurt the revenues of a casino operated by the Standing Rock Sioux tribe…
Less than a day after U.S. Defense Secretary James Mattis contradicted Trump’s oft-repeated maxim that we should have taken Iraq’s oil, Russia has moved to…
Russia pumped the most crude oil in the world in December, dethroning Saudi Arabia as the world’s biggest oil producer. The difference in the two…
While Canada and the U.S. ban Arctic drilling for oil and gas motivated by environmental concerns, and majors such as Shell pull out of their…
The UAE may not be the first country that comes to mind when one thinks of space exploration, but it has big plans to colonize…
Natural gas has fallen to a new three-month low thanks to lower-than-expected draws on storage, prompting the Wall Street Journal to report that the coming…
President Donald Trump has been vocal in referring to China as an unfair rival to the U.S. on global markets. The media has been only…
Private oil companies were awarded licenses for the development of two-thirds of the 31 small oil and gas fields tendered by the Indian government as…
Marathon Oil will allocate US$2 billion – the bulk of its capex – for the development of its oil-producing assets at home, in the STACK…
OPEC is finding itself backed into a corner: the group, it appears, is prepared to extend the oil production cut agreement that is set to…
Canadian Prime Minister Justin Trudeau has defended his government’s decision to ban all drilling for oil and gas in the Arctic for the next five…
Cynthia Coffman, the Attorney General of Colorado, has filed a lawsuit against Boulder County, following weeks of threats over the county’s refusal to remove a…