Kurdistan’s oil income fell for the fourth consecutive month in September, as oil traders clawed back old debts and stopped providing new advances.The government’s net revenue is slumping even though Continue Reading
Oil tanker Libya’s Zueitina oil terminal is bidding farewell to its first oil-filled tanker since late last year on Thursday, according to a port official cited by The Libyan Express. Continue Reading
A court in Chad told Exxon Mobil Corp. to pay a record fine of $74 billion, as well as $819 million in royalties it said the oil company owed to Continue Reading
The Minister of State for Petroleum, Ibe Kachikwu, has revealed that the country is close to securing a U.S.$4 billion loan from China. Nigeria says it expects to get as Continue Reading
Nigeria says it expects to get as much as $4 billion in investment facilities for oil industry infrastructure as a 40-member Chinese investment team arrives the country at the end Continue Reading
Natural gas futures in the United States (US) on 7 October rose to its highest point since June 2015 as investors anticipate a boost in demand for the commodity. Gas Continue Reading
After almost two years of seeing jobs disappear, energy companies saw some good news emerge last month as the job rate remained steady in the month of September. With the Continue Reading
Energy Disruptions Hurricane Matthew is moving near or over the east coast of Florida as a Category 3 storm Friday morning. The storm is on track to move north along Continue Reading
A fleet of docked rigs sits in the Nabors yard in the Port of Iberia,… The number of rigs drilling for oil in the U.S. climbed three in the past Continue Reading
The provincial government of Alberta said it was looking at whether solar power could replace expiring contracts to power its buildings. Alberta’s government issued a request for information on the potential Continue Reading
