Khalid Al Falih, Saudi Arabia In a surprise move, Saudi Arabia sacked its long-time oil minister over the weekend, an event that illustrates the near-total control that the new young Continue Reading
Saudi Oil Minister Following the biggest news of this weekend, the (anticipated) resignation/termination of Saudi Arabia’s longstanding oil minister Ali al-Naimi, everyone has been wondering about what comes next and Continue Reading
Nigeria is the largest oil producer in Africa, though it’s plagued with risks as much of the industry is in the conflict-prone Niger Delta, analysis finds. The U.S. Energy Information Continue Reading
Royal Dutch Shell latest to come under attack in Nigeria from a militant group calling itself the Niger Delta Avengers. File Photo by Stephen Shaver/UPI ABUJA, Nigeria, May 9 (UPI) Continue Reading
Royal Dutch Shell PLC has evacuated nonessential staff from one of its Nigerian oil fields amid mounting militancy in the country’s oil-rich Niger Delta region. The company has reduced staff Continue Reading
Young men became entangled in a swirl of flying fists. Gas station workers swatted away boys hoping to fill their plastic cans. A mother with a sleeping baby in her Continue Reading
From the Dutch tulip craze of 1637 to America’s dot-com bubble at the turn of the century, history is littered with speculative frenzies that ended badly for investors. But rarely Continue Reading
Oil producers and refiners braced on Monday for a prolonged shutdown and possible supply constraints from Canada’s vast oil sands region as a destructive wildfire raged for a second week. Continue Reading
A raging wildfire in Northern Alberta has dealt oil-sands operators another complication: local shortages of diluent, the light oil needed to get Canada’s heavy crude flowing. Statoil ASA said Monday Continue Reading
The massive wildfires that swept through Canada’s energy hub of Fort McMurray left almost 90 percent of the city intact, including most of the downtown core, while completely leveling some Continue Reading
