According to consulting firm McKinsey, the current oil futures market is pointing to a coming balance between demand and supply—a balance which has the potential to render most oil and Continue Reading
Major traders and sellers of liquefied natural gas will begin to look to new markets over the next five years as demand from traditional centers wanes, the International Energy Agency Continue Reading
The world’s oil reserves were unchanged in 2015 despite a sharp drop in investment and exploration after the collapse in crude prices, BP said in its benchmark industry report. Proven Continue Reading
Islamic State’s far-flung enemies in Syria and Iraq pressed ahead on Wednesday with major advances on multiple fronts that have put some of the greatest pressure on the ultra-hardline Islamists Continue Reading
Royal Dutch Shell has resumed purchases of Iranian crude, becoming the second major oil firm after Total to restart trade with Tehran after the lifting of sanctions, trading sources said Continue Reading
Libyan forces loyal to a U.N.-brokered government have advanced deep inside the coastal city of Sirte, the main stronghold of the Islamic State group’s local affiliate, officials said Wednesday. Brig. Continue Reading
Analysis Iraq is no stranger to political instability or to general insecurity. But two developments bode particularly ill for the country: threats to the administration of Prime Minister Haider al-Abadi Continue Reading
The Nigerian militant group known as the Niger Delta Avengers rejected a dialogue proposal from the country’s government and claimed another attack on a Chevron oil well in Warri, even Continue Reading
Ultimate Warriors Of The Niger The Ultimate Warriors of the Niger Delta, a new militant group operating from its namesake river delta, is demanding that the Nigerian government give 60 Continue Reading
Six months after the Venezuelan opposition gained control of the National Assembly, it is becoming increasingly clear that one of its primary goals — a referendum to recall the president Continue Reading
