Oil Police arrested two men suspected of ties to the self-proclaimed Islamic State (IS) militant group Wednesday as they tried to enter the Shuaiba refinery complex in Basra.The men did Continue Reading
Future giant discoveries may be lurking in the Outeniqua Basin offshore South Africa, according to Anongporn Intawong, a team leader geologist at Spectrum. Future giant discoveries may be lurking in Continue Reading
BASF SE is exploring options for tapping Iran’s recently opened energy market, making it the latest in a long line of German firms looking to expand into the Islamic Republic. Continue Reading
Coal exports to China are a key source of cash for the politically isolated nation North Koreans look over coal exports in the border town of Siniuju N Korea condemns Continue Reading
Traders are selling oil held in tankers anchored off Malaysia, Singapore and Indonesia in a sign that the production cut led by OPEC is starting to have the desired effect Continue Reading
Oil companies showed deepening divides on the future of the U.S. biofuels program in solicited comments from the Environmental Protection Agency (EPA) over a plan sought by some refiners to Continue Reading
Another week, another record for U.S. crude exports. Producers and traders shipped out 1.21 million barrels a day of U.S. crude in the week that ended February 17, the most Continue Reading
Billionaire Kelcy Warren, who faced months of protests over the Dakota Access oil pipeline, said his company followed every law and still fell into a “mess.” Warren “underestimated the power Continue Reading
No compatible source was found for this media. Citi’s Ed Morse Says OPEC Is Losing Its Clout Exxon Mobil Corp. disclosed the deepest reserves cut in its modern history as Continue Reading
Oil-sands investments in Western Canada that gobbled tens of billions of dollars over the past decade are proving an Achilles heel for some of the world’s biggest energy producers. Exxon Continue Reading
