Oil producers in Russia and Saudi Arabia are pushing to extend the Organization of Petroleum Exporting Countries’ (OPEC) production cuts until June of next year, according to a new report Continue Reading
A view of an oil refinery plant in Novokuibyshevsk, Russia, late last year. Top oil producers Saudi Arabia and Russia are pushing to extend their deal to limit crude oil Continue Reading
World Oil reports that an attack by an armed group caused the field’s pipeline to its nearest export terminal to close. The development sets Libya 330,000-bpd back on its goal Continue Reading
The already strong bilateral relations between Saudi Arabia and China are hitting new levels, as the Kingdom and the Chinese Tiger have decided to set up a joint US$20 billion Continue Reading
The Kurdistan Workers’ Party (PKK) has captured four Turkish intelligence operatives in Sulaimaniya after they attempted to arrest or assassinate a top leader of the Kurdish guerrilla group. The incident Continue Reading
While the United States, Mexico, and Canada are due to meet for a second round of NAFTA talks on Friday, the Texas Association of Business welcomes proposed U.S. legislation that Continue Reading
Venezuela’s Oil Minister Eulogio del Pino, who was appointed again as minister last week, plans to visit Saudi Arabia and Russia ahead of the September 22 meeting of the joint Continue Reading
A worker fixes the company logo of China Guodian Corp at a building in Beijing, China January 24, 2013. Picture taken January 24, 2013.Stringer BEIJING (Reuters) – China Guodian Group Continue Reading
Nissan Motor Co. NSANY -0.10% and alliance partner Renault SA RNO -2.00% are teaming up with Chinese auto maker Dongfeng Motor Group Co. DNFGY -3.62% to make a battery-powered automobile Continue Reading
A hurricane in the heart of the U.S. energy industry is set to curtail near-record U.S. oil production for several weeks, with the impact expected to reverberate throughout the country Continue Reading
