Maintaining a stable world oil market is a global responsibility and not one that should fall squarely on the shoulders of the Organization of Petroleum Exporting Countries, two of the Continue Reading
An armed faction of the Patriotic Union of Kurdistan (PUK) political party has withdrawn from key energy sites in Kirkuk, signaling at least a temporary resolution to a crisis over Continue Reading
An oil tanker that was scheduled to load crude at Libya’s Es Sider port changed its course to a different terminal in the west of the country as clashes in Continue Reading
Senior Saudi energy officials told top independent U.S. oil firms in a closed-door meeting this week that they should not assume OPEC would extend output curbs to offset rising production Continue Reading
ExxonMobil Corp. and Eni SPA have signed a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25% indirect interest in the natural gas-rich Area 4 block Continue Reading
Nigerian President Muhammadu Buhari will return to Nigeria on March 10, according to an official statement by the president’s office, Reuters reported. Buhari has been out of the country in Continue Reading
Six years after Japan’s nuclear disaster, popular resistance has stymied efforts to rebuild an atomic energy industry that was once among the world’s biggest, as mysteries endure over the calamity. Continue Reading
Under Prime Minister Justin Trudeau, Canada’s government is playing both sides of the fence in its national energy strategy. During Trudeau’s first 16 months, three energy projects — a pipeline Continue Reading
Vitol Group BV , the trader that shipped the first cargo of U.S. crude after export restrictions ended in late 2015, predicts the country’s oil exports will grow “a lot Continue Reading
When the Permian Basin in West Texas—which has been pumping oil for nearly a century—was fueling the U.S. and Allied forces in World War II, currently the world’s biggest conventional Continue Reading
