The Qatari Foundation for Education, Science, and Community Development has struck a partnership deal with Russia’s Rosneft to set up a research center focused on the energy industry. The announcement Continue Reading
A year and a half on from OPEC’s original deal to limit output, the surplus oil stashed in storage tanks around the world are nearly back to average levels. However, Continue Reading
U.S. investors will have the chance to buy shares of Saudi oil giant Aramco when it launches its initial public offering, Saudi Arabia’s Energy Minister Khalid al-Falih said over the Continue Reading
Iraqi oil exports could fall by over 300,000 b/d next month due to maintenance on one of the country’s four single-point moorings in the Persian Gulf. The oil ministry will Continue Reading
There are indications that thousands of jobs may be lost as the confrontation between Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and petroleum industry service firms worsens. Leaders of Continue Reading
Mexico’s proven oil and gas reserves dropped again last year, after new certified discoveries—mostly by private foreign operators—were unable to keep pace with current production. According to data by Mexico’s Continue Reading
Hyundai Motor’s ( 005380.KS ) union chief warned its workers may face a similar crisis to the one hitting General Motors’ ( GM.N ) South Korean unit as sales in Continue Reading
The Winter Olympics in 2022 will have a low carbon footprint with the Chinese host city committing to more renewables, an international partner said. Beijing and the city of Zhangjiakou Continue Reading
China’s yuan-denominated crude-oil futures surged on their long-awaited debut Monday, indicating positive initial sentiment toward the new market, which Beijing hopes will eventually give the country an oil benchmark to Continue Reading
Surging U.S. oil production on the one hand, and the exploration and production companies’ focus on keeping costs in check on the other, have prompted drilling rig makers to shift Continue Reading
