Updates include: Abd al-Mahdi’s internal memo names interim replacement Analysis of resignation, political landscape, and pending Cabinet reshuffle IOC contracts and NOC exports remain in state of uncertainty Iraqi Oil Continue Reading
Iraq’s Oil Minister Adel Abdul Mahdi suspended his participation in the cabinet, citing disarray in government ministries in OPEC’s second-biggest supplier. Abdul Mahdi said in a letter posted on his Continue Reading
A cease-fire will take hold across Yemen on April 10, and fresh peace talks with begin April 18 in Kuwait, Special Envoy of the U.N. Secretary-General for Yemen Ismail Ould Continue Reading
Exxon Mobil Corp. is in advanced talks to acquire a stake in a giant Mozambique natural gas development project from Italy’s Eni SpA, a sign that major oil companies are Continue Reading
China’s crude imports will rise further from a record this year to feed its expanding refining sector and strategic reserves, according to Standard Chartered Bank. The nation’s average crude imports Continue Reading
Natural gas is drilled in Pennsylvania. U.S. natural-gas production hit its highest level ever over the winter even in the face of low prices, a conundrum at the heart of Continue Reading
The Market Trends That Might Signal Oil Has Bottomed Explorers once again idled drilling rigs in U.S. oilfields as crude inventories continue climbing, boosted by a surge in imports. Rigs Continue Reading
U.S. road travel rose by 2 percent in January over last year, setting a fresh record for the month, government data showed on Thursday, providing evidence that the U.S. road Continue Reading
Those whom the gods wish to destroy they first send mad Introduction The aim of this article is to show that the shale industry, whether extracting oil or gas, has Continue Reading
Autonomous vehicle driving behavior can have a considerable effect on fuel economy. Researchers in the College of Engineering at Carnegie Mellon University have determined that fuel efficiency for self-driving cars—within Continue Reading
