Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Chinese electric vehicle maker LeEco has announced plans to build a large electric car factory worth US$1.8 billion in eastern China. The factory, when it…
Gazprom Neft Shelf, a subsidiary of Gazprom’s crude oil arm, announced it had increased the daily output at the Prirazlomnoyue field in the Arctic to…
Nigerian youths demanding jobs at Chevron blocked the company’s Escravos oil depot yesterday. The leader of the protest, Collins Edema, told Reuters that Chevron had…
Chesapeake Energy has decided to exit the Barnett shale, agreeing to transfer its assets there to a First Reserve Corp unit based in Dallas. The…
French Total has emerged as perhaps the smartest member of the Big Oil club, wasting no time waiting for oil prices to return to early…
The Kremlin has banned Rosneft’s shareholders from closing deals among themselves before the privatization of as much as 20 percent in the state giant goes…
The Energy Information Administration reported a 1.1-million-barrel rise in commercial crude oil inventories for the week to August 5. The total reached 523.6 million barrels—a…
While everyone in Big Oil seems to be divesting to stay afloat, Suncor has agreed to their third large acquisition this year, after ramping up…
Energy independence, especially if you don’t particularly like the country you currently depend on, is a very strong motivator for the adoption of renewable energy.…
A 49 percent stake buy by Russia’s Rosneft in Indian Essar Oil will see the Indian company reduce its purchases of Iranian crude oil, according…
BP has put up for sale its 50 percent stake in Chinese SECCO, a joint venture with local energy major Sinopec, eyeing revenues of US$2-3…
A coalition forces air strike in Syria has destroyed 83 oil tank trucks used by ISIS to transport crude, which is the group’s major source…
China has become the usual suspect when it comes to commodity prices. Whether it’s crude oil or copper, LNG or gold, China is almost invariably…
Operation Dignity, a Libyan militia, has attacked the Zueitina oil terminal near Benghazi, local media report. The attack, which took place on Friday, was repelled…
Iranian authorities have confirmed the execution of nuclear scientist Shahram Amiri, who was accused of treason and divulging sensitive information about the country’s nuclear program…
The oil sands of Alberta have attracted a lot of attention recently, not just because of the wildfires that took a lot of production offline…
The Energy Information Administration reported a 1.4-million-barrel increase in crude oil inventories for the week to July 29, with the total reaching 522.5 million barrels.…
Summer driving season: it’s the season to be traveling, what with long weekends, annual leaves and short getaways from the banalities of everyday life at…
Islamic State fighters have killed five people in an attack on the largest oil field in Kirkuk, Bas Hassan, and have attempted to take down…
Saudi Arabia has decided to offer Asian customers the biggest discount in 10 months for its crude, as the kingdom’s refineries struggle with an oversupply…