A principal suspect in the controversial Malabu oil scandal on Wednesday appeared as a witness before an Italian court in Milan. Abubakar Aliyu is alleged to have acted as a Continue Reading
Italy’s oil and gas major Eni said on Wednesday that it had made a major oil discovery in Angola’s deepwater in a find that could help the African OPEC producer Continue Reading
Pakistan is eager to open up its gas deposits to foreign energy companies in a bid to boost domestic production amid soaring demand, two government officials told media this week. Continue Reading
Mexico’s state-run Pemex could delay to next year a call to energy companies to form joint ventures planned for October, amid government complaints that these firms have not invested quickly Continue Reading
Venezuela’s main oil export terminal, Jose, has resumed operations and a shipment of crude for export left its docks for the first time since a blackout halted its main activities Continue Reading
US sanctions on PDVSA, which Trump administration officials estimate could cut oil Venezuelan output by roughly 600,000 by the end of 2019, were designed to prevent further damage to Venezuela’s Continue Reading
The Panama Canal Authority’s new maximum draft restriction of 45 feet, or 13.72 meters, could impede the transit of Aframaxes and Long Range 2 tankers through the Neopanamax Locks, as Continue Reading
Ordinary people in Venezuela are bearing the brunt of the ongoing power struggle in the country and last week’s blackout. While the power outage in the country which holds the Continue Reading
Mexico’s President Andrés Manuel López Obrador does not rule out a possible listing of the ailing state oil firm Pemex on the local market. Pemex could also issue a new Continue Reading
Iraq and China are set to finalize a major bilateral agreement that would give investors access to roughly $10 billion worth of financing. The deal is likely to accelerate the Continue Reading
