Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
The Energy Information Administration forecasts global oil demand to grow by 1.44 million barrels per day this year on average, which is down by 10,000…
The phrase “deepwater well” still makes a lot of people shiver, even six years after the Deepwater Horizon disaster that caused the worst oil-related environmental…
Searching for oil and gas is an activity with uncertain success—an activity with a bit less uncertainty were it not for 3D seismic surveying. And…
LNG Canada, a Shell-led consortium formed to construct a liquefied natural gas export terminal on the Canadian coast, has for the second time delayed its…
Five oil wells set on fire is the latest disaster caused by ISIS militants. The de facto rulers of Mosul set the wells on fire…
Angola’s government has cut its economic growth projections for 2016 by almost half, to 1.3 percent from 3.3 percent, Reuters reported, citing the country’s finance…
An international tribunal in The Hague, Netherlands, has ruled against China’s territorial claims in the South China Sea, spurring concern about Asia’s biggest economy’s next…
India will be forced to start importing oil products if it doesn’t find a solution to a looming refining capacity shortage, the director for refineries…
Whatever some say about the global oil glut easing, there’s still ample demand for floating storage, and Iran is in on the deal. A source…
Elon Musk tweeted yesterday that he will be releasing the second part of his Top Secret Tesla Motors Master Plan soon, possibly by the end…
Helium has recently got on the public radar, after a potentially huge discovery of untapped deposits in Tanzania. Now the spotlight is moving to Canada,…
The fallout of the oil price crisis has proved to have wide-reaching implications beyond the energy industry. Houston real estate is one of these scathed…
Falling prices at the pump have given motorists reason to rejoice continuously over the last year and a half, but they’re not good news for…
In an industry where anything could happen, surprises—often unwelcomed—are hard to come by. Oil is exactly such an industry at the moment. No one is…
Lithium-ion batteries have brought about a real lithium craze and now a new generation of rivals are emerging – some of them also lithium-based –…
The Energy Information Agency repored that U.S. commercial crude oil inventories declined by 2.2 million barrels in the week to July 1, standing at 524.4…
“All animals are equal but some are more equal than others.” This brutal quote from George Orwell’s Animal Farm comes to mind instinctively in light…
The long-awaited report of John Chilcot, a senior UK civil servant, on the Iraqi War and the events that led to it has revealed that…
Last week the two administrations of Libya’s National Oil Company made a breakthrough, reaching an agreement to unify their oil operations for the greater good,…
UK-based exploration company Tullow Oil announced today that it has issued a convertible bond to the tune of US$300 million maturing in 2012. The announcement…