The day before Monday’s Kurdistan independence referendum, Iraq’s National Security Council called on the world to respect claims to federal control over oil and borders. Iraqi Prime Minister Haider al-Abadi Continue Reading
It may assault sensibilities of some people to insinuate that Nigerians will have to drink their oceans of oil, as it may be unscientific to suggest that the resource will Continue Reading
Japan’s Cosmo Oil plans to increase diesel output at its Sakai refinery in Osaka, looking to capitalize on an expected jump in demand when a global mandate for ships to Continue Reading
China will limit exports of refined petroleum products to North Korea starting October 1, its commerce ministry said, confirming Beijing’s participation in new UN sanctions intended to rein in its Continue Reading
Combination of self-driving, on-demand tech could boost growth Big Oil may take a hit as people choose new ways to travel It’s been 10 years since Apple Inc. unleashed a Continue Reading
Oil major Chevron Corp will next year invest around $4 billion to ramp up its crude production in the Permian Basin area of the United States, a company executive said Continue Reading
Crude oil exports from the United States will increase to meet 5 percent of global demand by 2022, as refiners seek more low-sulfur crude to meet stricter rules for cleaner Continue Reading
The world’s top shale play, the Permian, has shown remarkable resilience amid the lower-for-longer oil prices. Permian production has grown and should continue its rise into the foreseeable future. Technological Continue Reading
French oil and gas major Total extended its oil production growth target of 5 percent per year until 2022 and plans to focus on projects with a low breakeven, while Continue Reading
Russian energy company Gazprom was ranked by S&P Global Platts as the top financial performer of the year, ending the reign for Exxon Mobil. Only two U.S. companies were in Continue Reading
