Two months into Turkey’s new military offensive targeting PKK positions in Iraqi Kurdistan – and following the assassination of a Turkish diplomat in Erbil – a decades-old conflict is entering Continue Reading
Libya NOC representatives traveled to China today to discuss China’s interest in helping to restore Libya’s oil industry that has suffered through years of civil unrest, according to the Libya Continue Reading
The top court in Brazil overturned a lower-court injunction and ordered Brazil’s state energy firm Petrobras to provide fuel to two Iran-flagged vessels containing grain that have been stuck at Continue Reading
Chevron Corp, the last U.S. oil company operating in Venezuela, said on Thursday it hopes to be able to remain in the Latin American nation as the Trump administration mulls Continue Reading
U.S. shale producers are poised to further trim spending this year, executives at companies that provide drilling and hydraulic fracturing services warned this week, as several took steps to idle Continue Reading
Summary of Weekly Petroleum Data for the week ending July 19, 2019 U.S. crude oil refinery inputs averaged 17.0 million barrels per day during the week ending July 19, 2019, Continue Reading
US tight oil legacy decline can be estimated by assuming no future tight oil completions in the various US tight oil basins. The charts below illustrate such an estimate for Continue Reading
America’s biggest owner of drilling rigs fell the most in seven months after the chief of Helmerich & Payne Inc. said he called the bottom too soon. (Bloomberg) — America’s Continue Reading
Chinese refineries will reduce their throughput during the current quarter ahead of the country’s National Day holiday that begins in October, S&P Global Platts reports , citing a general state-imposed Continue Reading
A historic heat wave inflicted life-threatening temperatures on Europe and shattered all-time highs in multiple countries Thursday. Paris registered a jaw-dropping 108.7 degrees, according to Météo-France , the national weather Continue Reading
