Rosneft PJSC , the state-run producer headed by a close adviser of Russian President Vladimir Putin, is expanding its footprint in the Middle East by striking new oil deals with Continue Reading
Saudi Arabia’s state-owned energy company has told J.P. Morgan,HSBC and Morgan Stanley they will be the lead underwriters for its planned initial public offering, set to be the largest ever, Continue Reading
Libya’s returning oil wealth could bring back cheap fuel, food and foreign goods in a subsidy-based system in the most optimistic scenario. But as oil prices and production rise, the Continue Reading
In a sign that Kurdistan’s oil sector is shedding some of its legal and political risk, KRG crude will now supply the refineries of Russia’s largest oil company. A tanker Continue Reading
India continues to look for alternatives to oil imports as its auto sector, economy, and population continue to boom. India’s oil consumption growth reached a record-level 11 percent last year Continue Reading
The Minister of State for Petroleum, Dr. Ibe Kachikwu, has clarified the $50-$100 billion said to have been lost to the attacks of oil and gas infrastructure by the Niger Continue Reading
State-controlled Ecopetrol reported a 14% year-on-year reduction in proven reserves through December 31, a decrease that reflects three years of declining oil field investment in Colombia’s oil patch, it said Continue Reading
The Ioniq Hybrid offers up to the highest fuel economy in the US (up to 58 mpg / 4.05 l/100 km) for a non-plug-in vehicle and the Ioniq Electric is Continue Reading
Weak consumer demand is offsetting volatility in oil prices and leaving retail gasoline markets relatively unchanged in the United States, analysis finds. Consumer price-watcher GasBuddy.com reports a national average retail Continue Reading
Two years ago, when Saudi Arabia launched an unprecedented campaign to crush high-cost oil producers, in the process effectively putting an end to the OPEC cartel (at least until last Continue Reading
