The re-balancing of oversupplied oil markets is on track as demand climbs and U.S. shale production falters, according to the International Energy Agency. The world will face a 560,000 barrel-a-day Continue Reading
Jabbar al-Luaibi was former head of state-run South Oil Co. Al-Luaibi replaces Adel Abdul Mahdi who resigned in March Jabbar al-Luaibi, former head of Iraq’s biggest oil producer, was appointed Continue Reading
Kurdish Peshmerga forces backed by U.S.-led coalition airstrikes launched a fresh attack on Islamic State militants in northern Iraq in the early hours of Sunday, as part of a plan Continue Reading
Heavy fighting took place in different sectors of the Syrian city of Aleppo on Sunday as rebels assaulted two government strongholds in the city’s northwest and south, a monitor of Continue Reading
Deep in the coal heartlands of northern Shanxi province, people in Helin village are fighting a losing battle as the ground beneath them crumbles: patching up cracks, rebuilding walls and Continue Reading
Australia is on track to become the world’s biggest liquefied natural gas (LNG) exporter by 2019 yet faces a looming shortage at home as states restrict new drilling onshore and Continue Reading
Japanese automaker Nissan Motor Co has come up with a new type of gasoline engine it says may make some of today’s advanced diesel engines obsolete. The new engine uses Continue Reading
LNG terminal Delta Airlines recently experienced what it called a power outage in its home base of Atlanta, Georgia, causing all the company’s computers to go offline—all of them. This Continue Reading
In its new rules for oil and gas drilling in the Arctic, the US has taken the biggest step yet toward a performance-based system that sets clear standards, but allows Continue Reading
Emergency crews have rescued more than 7,000 people stranded in Louisiana by historic flooding that has killed at least three people and submerged whole communities, Governor John Bel Edwards said Continue Reading
