Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Russian shipyard Krasnye Barrikady will build five offshore drilling rigs for Iran in a US$1-billion deal signed by the firm’s CEO, Aleksandr Ilichev, and the…
Iraqi media are reporting that ISIS militants have opened the taps of an oil pipeline in the town of Qayyarah, in northern Iraq. Crude is…
Oman reported crude oil exports of 190.71 million barrels for the period from January to July, which represented a 6.2-percent annual increase. The increase came…
Blackstone Group LP is partnering with two energy companies to buy assets in the Permian, one of the few shale plays in the U.S. where…
As Libya continues its descent into chaos with three rival ‘governments’ vying for control of the country’s oil wealth, the Petroleum Facilities Guard (PFG), has…
Tesla has gotten the approval of the Federal Trade Commission to acquire solar panel maker SolarCity. The anti-trust regulator said that approval was quick, because…
One would hardly expect an official from Obama’s administration, which has dedicated a lot of work to curbing the harmful effects of fracking on the…
In a surprising development, Angola crude oil exports to China topped both Saudi Arabia’s and Russia’s for the month of July, with the African country…
New research from the International Workers Federation (IWF) is claiming that big oil players in the North Sea, including Chevron and China’s Nexen have avoided…
A long-awaited peace deal between the Colombian government and the Revolutionary Armed Forces of Colombia (FARC) has been sealed by President Juan Manuel Santos and…
Do you remember the peak oil hysteria from the early 2000s? Oil didn’t just not end, the world started pumping even more thanks to the…
The EIA reported a 2.5-million-barrel increase in crude oil inventories for the week to August 19, following a draw of the same amount reported by…
The Russian Economy Ministry said in a statement it expected crude oil prices to remain stable at their current range of US$45-50 over the next…
Tesla has announced a long-awaited 100 kWh battery that will make its Model S the fastest car in production globally, the company said, adding that…
The Arctic – a cold wasteland that has shattered the expansion dreams of many an oil company by proving to be too difficult and too…
China is determined to rid itself of its image as one of the world’s greatest polluters, and is serious about curbing oil production—even if only…
Libya’s oil is still in a state of flux, as Libya’s UN-backed Government of National Accord got a vote of no-confidence from Libya’s parliament on…
A new strategic axis is forming in the Middle East, and this axis could play a transformative role in the region, upsetting the longstanding balance…
The Niger Delta Avengers have agreed to cease their attacks on oil production and transportation infrastructure after prolonged negotiations with the federal government of Nigeria.…
Iraq has reached an agreement with the Kurdistan Regional Government to resume crude oil exports from three fields in the Kirkuk region, which will add…