Saudi Arabia and its Middle East allies said Friday they were committed to combating terrorism, condemning further the actions of OPEC-member Qatar. Saudi Arabia and its regional allies on Monday Continue Reading
Libya’s largest oil field, El Sharara, has resumed production after workers had shuttered the 270,000-bpd field on Wednesday, protesting over the lack of medical treatment for a co-worker who had Continue Reading
Iraq is planning to triple its refining capacity as the third-largest oil exporter increases crude oil production, Bloomberg reported, based on an interview with an official in the country. World’s Continue Reading
There is no evidence the global oil producers’ pact needs to be adjusted now, Saudi Arabian Energy Minister Khalid al-Falih said on Saturday, describing the recent weakness in crude prices Continue Reading
U.S. energy firms added oil rigs for a record 21st week in a row, extending a year-long drilling recovery as producers boost spending on expectations crude prices will rise in Continue Reading
More than a dozen state attorneys general wrote to the head of the Environmental Protection Agency vowing a legal fight to block regulators from easing vehicle-emissions standards, the latest broadside Continue Reading
The number of active oil and gas rigs in the United States rose again this week by 11—making it 21 weeks of consecutive gains—the longest growth streak since at least Continue Reading
Despite a string of recent successes by West Coast communities to block the construction of oil-by-rail facilities, the oil industry has no plans to give up using rail to move Continue Reading
Looking for an excuse to pack up the car for a road trip this weekend? Look no further: The average nationwide gasoline price on Friday was the lowest for this Continue Reading
Any operations for the second string of the Russian natural gas pipeline Nord Stream remain under scrutiny, the European Commission said Friday. European opposition to expanding the Russian natural gas Continue Reading
