The Niger Delta Avengers militant group issued a two-week ultimatum to oil companies operating in Nigeria’s oil rich Niger Delta region, warning companies to shut down or risk attack, the Continue Reading
Damage to a pipeline has reduced supplies of Nigeria’s benchmark Qua Iboe crude oil, two traders said on Thursday, the latest setback for Africa’s top producer that has pushed output Continue Reading
Petrobras Office Brazil’s Senate voted to approve impeachment proceedings against President Dilma Rousseff, forcing her to step down in order to stand trial. Vice President Michel Temer will now succeed Continue Reading
India’s oil product sales grew 10 percent in April, the slowest since December as growth in diesel demand decelerated. Total fuel consumption increased to 16.2 million metric tons in the Continue Reading
China National Petroleum Corp., the country’s biggest oil and gas producer, will start laying a second domestic oil pipeline in June to allow for increased Russian crude supplies to flow Continue Reading
The Obama administration, yielding to environmentalists demanding action to address climate change, issued limits on methane emissions from oil and gas wells that are even tougher than those it proposed Continue Reading
More facilities were returning to normal in the Fort McMurray area of Alberta, with Enbridge the latest to return some infrastructure to regular service. Enbridge crews confirmed two of its Continue Reading
Chesapeake Energy Corp. CHK -4.13 % on Thursday said it would swap 4.1% of its shares outstanding for debt, the latest move by the beleaguered energy company to ease its Continue Reading
The Environmental Protection Agency on Thursday issued the first-ever federal standards aimed at curbing methane emissions from the oil and natural gas industry, the latest in a series of regulations Continue Reading
The Bakken formation is one of the highest-cost sources of U.S. oil production. Shown, workers… North Dakota crude-oil production fell for the fourth month in a row, dropping about 1% Continue Reading
