A.P. Moller-Maersk has joined other major container shipping companies in increasing prices for sending containers into the Persian Gulf in response to the heightened risk of military conflict in the Continue Reading
Saudi Arabia has pumped 9.782 million barrels of oil per day (bpd) in June, an OPEC source said on Friday, up from 9.67 million bpd in May. The world’s top Continue Reading
Britain should be “scared” about Tehran’s possible retaliation for the capture of an Iranian supertanker by Royal Marines in Gibraltar, the Fars semi-official news agency on Saturday reported an Iranian Continue Reading
Iran is prepared to begin enriching uranium beyond the limits set by the nuclear deal it struck with world powers, a top aide to Supreme Leader Ali Khamenei said, ahead Continue Reading
A Nigerian court has ordered the seizure of $40 million of luxury items, mainly jewelry and a customized golden iPhone belonging to the ex-minister of Nigeria’s petroleum resources Diezani Alison-Madueke, Continue Reading
Emilio Lozoya was Pemex’s chief executive until 2016 An arrest warrant has been issued for Emilio Lozoya, former chief executive of Mexican state oil company Pemex, prosecutors say. He is Continue Reading
General Motors Co ( GM.N ) and Ford Motor Co ( F.N ) announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the U.S. automakers Continue Reading
These interactive presentations contain the latest oil & gas production data from all 21,384 horizontal wells in the Permian (Texas & New Mexico) that started producing since 2008/2009, through March Continue Reading
The US oil and gas rig count fell by 4 this week, according to Baker Hughes, which reported before Independence Day this week. The total number of active oil rigs Continue Reading
Oil prices are set to post a loss for the week despite being bolstered by the OPEC+ deal and the forthcoming restart of trade talks between Washington and Beijing. It Continue Reading
