African countries face new hurdles in their quest to turn on the lights for about 621 million people as global financiers become increasingly reluctant to fund non-renewable energy projects. It Continue Reading
Militants blew up strategic gas and crude pipelines belonging to Shell and Agip on Saturday in an increasingly fierce campaign that has chopped Nigeria’s oil production in half, militants and Continue Reading
Lufthansa has cancelled the only flight between Germany and Venezuela, underlining the worsening conditions and growing isolation of the South American country. The German airline has flown from its Frankfurt Continue Reading
Oh, that men should put an enemy in their mouths to steal away their brains.Nicolás Maduro’s stint as president of Venezuela has had Shakespearean overtones from the start. Ascending to Continue Reading
Suncor Energy said it expects to restart its Canadian oil sands operations, such as work… Canada’s largest crude-oil producer said it expects initial production to commence by the end of Continue Reading
Falling oil prices which started in late 2014 have highlighted an increased emphasis on the cost of producing oil, particularly from shale oil formations in the U.S. With 50 percent Continue Reading
Crude Oil Pipeline Chinese conglomerate Yantai Xinchao has US$1 billion to blow and is looking to buy oil-producing assets in the Permian Basin as it moves aggressively to expand its Continue Reading
Climate change deniers like to style themselves as latter-day Copernicuses and Galileos , lone visionaries bucking the established wisdom of the ages embodied back then in the teachings of the Continue Reading
Dollar strength returns to pressure prices lower, while a bout of profit-taking after hitting the psychological level of $50 is spurring on selling into the holiday weekend. Hark, here are Continue Reading
Workers on the top deck of the Polar Pioneer oil rig in Seattle in June… The world’s biggest energy companies are treating with caution the rally that briefly lifted crude-oil Continue Reading
