A high-voltage power line in Iraq has been targeted by Islamist militants eight times over the past two months, the country’s electricity ministry said , adding the latest attack caused Continue Reading
Late last month, reports emerged from Saudi Arabia and its Gulf allies that the Yemen Houthi rebels had attacked two Saudi oil tankers in the strait of Bab el-Mandeb, one Continue Reading
After a halt due to militant attacks, oil shipments through a Red Sea strait near the coast of Yemen resumed during the weekend, Saudi Aramco announced. In a statement Saturday, Continue Reading
ExxonMobil is close to discovering huge oil reserves in Pakistan near the border with Iran, and those reserves could even be larger than the oil reserves of Kuwait, the Pakistani Continue Reading
The Peoples Democratic Party (PDP) Monday charged President Muhammadu Buhari and the ruling All Progressives Congress (APC)-led administration to tell Nigerians what they know about the N9 trillion ($25 billion) Continue Reading
U.S. crude oil producers appear to have found an alternative buyer for cargoes no longer heading to China, with India on track to import record volumes in August. India has Continue Reading
Venezuelan President Nicolas Maduro has begun rounding up suspects after he avoided an attempted assassination over the weekend, raising the possibility of yet another security clampdown on the already suffering Continue Reading
The escalating U.S.-China trade war is deterring hedge funds and other money managers from opening new positions in the WTI and Brent benchmarks, with total bets dropping to their lowest Continue Reading
Tesla is working on a “mini-car that can squeeze in an adult,” a new tweet from chief executive Elon Musk told the world. The tweet, like another recent one about Continue Reading
Walmart Inc. promised to get half its power from solar and wind by 2025. If successful, Walmart would leap over Google to become the world’s top green-energy buyer. (Bloomberg) — Continue Reading
