Outside of northern Iraq’s fortified urban centers, insurgents have prevented resettlement in rural areas and are now causing residents to flee from villages previously considered safe. One year after the Continue Reading
On Friday the State Department announced it is evacuating all non-essential personnel from the US consulate in Basra, Iraq . The drastic move comes after a month of heavy anti-Iran Continue Reading
Royal Dutch Shell Plc ( RDSa.AS ) and Chevron Corp ( CVX.N ) on Friday led big bets by oil majors seeking to clinch key stakes in Brazil’s coveted offshore Continue Reading
Mexico’s President-elect Andres Manuel Lopez Obrador has assured oil companies operating in the country that no oil contract will be cancelled as long as it complies with its terms, Reuters Continue Reading
Mexico will need to double to about $4 billion its annual oil exploration investment to reverse a 14-year decline in output, a move that will require more funding by Pemex Continue Reading
China’s Commerce Ministry said on Saturday it will issue 202 million tonnes of crude oil import quotas for “non-state trade”, generally meaning independent refiners, marking a 42-percent rise from this Continue Reading
U.S. energy companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017 due to Continue Reading
Last month, deep in a 500-page environmental impact statement, the Trump administration made a startling assumption: On its current course, the planet will warm a disastrous 7 degrees by the Continue Reading
Baker Hughes reported an increase of a single oil and gas rig in the United States this week, bringing the total number of active oil and gas rigs to 1,054 Continue Reading
The latest step taken by the Trump administration in supporting the energy industry has been the relaxation of safety rule for offshore oil and gas production, put in place following Continue Reading
