Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Iraq’s oil output in Kurdistan is set to increase when Norway’s DNO completes its plans to add four new wells in the Tawke field. The…
Tesla’s Elon Musk struck back at Robert Murray, chief executive of Murray Energy Corp., after the latter called Tesla “a fraud” in an interview. In…
BP has quit a US$600-million drilling operation in the Great Australian Bight. According to the company’s Australian managing director for exploration and production, Claire Fitzpatrick, the…
The International Energy Agency reported today that crude oil output in OPEC reached a new record of 33.64 million barrels per day, causing crude oil…
Russian company Zapsibgidrostroy (it’s a mouthful, yes) has begun the construction of the docks that will carry the world’s first floating nuclear power plant to…
The world’s energy efficiency rose by 1.8 percent last year despite the oil price crash that saw crude trade at 60 percent lower levels than…
Iran and Iraq will not send their oil ministers to an OPEC meeting scheduled for this week on the sidelines of the World Energy Congress…
Crude oil refineries and gas terminals along the Gulf Coast have taken steps to resume operations in the wake of Hurricane Matthew, which did only…
The Kurdistan Regional Government in Iraq received US$328 million from crude oil exports in September. The average daily amount that flowed by pipeline to the…
Shell has given up its plan to build an oil train unloading terminal near Anacortes, Washington, that would have received 60,000 barrels of crude daily…
The High Court of Chad has ruled that an Exxon-led consortium must pay a fine of US$75 billion for failing to meet its tax obligations…
Russia needs to diversify away from oil and gas, and fast, says the chief executive of the country’s largest lender, Sberbank. According to German Gref,…
India’s biggest E&Ps – ONGC and Oil India – have announced that they won’t be taking part in 67 tenders for the development of newly…
Brazil’s Senate yesterday scrapped the obligation to local state-owned giant Petrobras to act as operator of all oil and gas projects in the pre-salt deposits…
There’s 1.5 trillion untapped recoverable barrels of crude in the U.S. – an amount equal to the world’s total proven reserves that can pretty much…
Crude oil inventories in the U.S. reached 499.7 million barrels in the week to September 30, the EIA reported, down by 3 million barrels from…
Persistently low oil prices have wiped out US$9 billion from Iraq’s foreign exchange reserves over the past 12 months. The current figure is US$50 billion,…
The U.S. and China are discussing measures to contain North Korea’s nuclear drive, after the country announced its fifth nuclear missile test in early September.…
Seven years ago, Ghana was about to become the next thriving economy, basking in the wealth generated by its newly discovered oil and gas. But…
The Abu Dhabi National Oil Co said it would consolidate two of its offshore divisions in a bid to become “more agile” amid the current…