Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Two of Donald Trump’s main pledges during the presidential race were building a wall along the border with Mexico, and making the U.S. energy-independent. Now…
The Gutseriev family, owners of 75 percent in Russian oil company Russneft (not to be confused with Rosneft), a midsized player in the field, is…
Shell is considering a partial divestment of its US$3-billion business in Norway as part of an asset sale program aimed at reducing its debt load.…
Three new oilfields in Iran were put in production mode this weekend at an official ceremony, adding more than 220,000 bpd to the country’s total…
The technical committee in charge of hammering out the details of an OPEC-wide production cut will meet for a fresh round of discussions on November…
Continental Resources’ CEO Harold Hamm is on the short list for Secretary of Energy, according to a document obtained by the Associated Press. Along with…
Just one day after the IEA warned the world could drown in oil if production does not fall beneath demand sometime soon, OPEC released a…
In its third-quarter report, Exxon warned it might have to write off 4.6 billion barrels of oil and oil equivalent from its proved reserves if…
WildHorse Resource Development Corp, an independent oil and gas field operator focused on the Eagle Ford shale in Texas, has filed for an initial public…
With large-scale project opportunities for oil and gas development on the decline, supermajors are turning to smaller endeavors that yield faster returns—but they haven’t entirely…
Russia’s energy giant Rosneft did not, after all, go through the oil price crash unscathed, with its latest quarterly financial report revealing a 71-percent annual…
Brazil’s state oil giant Petrobras reported a net loss of US$5.38 billion for the third quarter of the year, on the back of asset impairments…
Various OPEC members have been busy looking for ways to get all members of the cartel to agree to a production cut, but outside the…
Trump’s presidency could benefit Canada’s oil industry in no small way, one commodity investment adviser has told the Globe and Mail. According to Tim Pickering,…
It’s common knowledge that most of the world’s oil is transported internationally by tankers. What might not be so commonly known is the fact that…
In early afternoon yesterday, with voting at full swing across the U.S., West Texas Intermediate was trading at US$45.23 a barrel, up almost a percent…
A few hours after Donald Trump won the presidential election, the Energy Information Administration (EIA) reported a build of 2.4 million barrels of crude in…
Iran has announced the launch of production at the North Yaran field, which it shares with Iraq, after years of delay. The development manager of…
The Trans Forcados pipeline, which feeds crude from the Niger Delta to the Shell-operated export terminal of the same name, was again bombed in the…
Iran’s Navy will escort all tankers and other commercial vessels leaving the coast of the country to ensure their safe passage through risky waters. This…