In an attempt to wrestle back China market share from Russia, Iran is reportedly gearing up to slash the price of its sanctioned crude oil stored offshore Singapore, The Straits Continue Reading
Iraq’s Oil Ministry has removed four oil services firms from a blacklist, including U.S. company Weatherford, after they agreed not to seek new contracts in Iraqi Kurdistan — the latest Continue Reading
Argentine oil pipeline operator Oleoductos del Valle (Oldelval) will invest $750 million to double its transport capacity from the Vaca Muerta shale formation, the country’s energy ministry announced Friday, hoping Continue Reading
Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. Venezuela is ready to ramp up Continue Reading
Aug daily coal output at 11.95 mln T vs 12.02 mln in July Average coal mining run rates in Aug at lowest since Feb – CCTD Coal power generation falls Continue Reading
Japan is predicting its winter will trend colder as La Nina stretches into a third year, increasing the need for heating fuels in the world’s second-biggest importer of liquefied natural Continue Reading
The meeting between Russian President Putin and Chinese President Xi Jinping was a necessary check-up of relations between the two countries. Putin made four comments that together perfectly encapsulate what Continue Reading
China stepped up crude oil imports from both Russia and Saudi Arabia last month, with the Saudis returning to the top spot of Chinese oil suppliers. Citing customs data from Continue Reading
U.S. vehicle travel in July fell 3.3% to 286.6 billion miles, the second consecutive monthly decline in American driving in the face of high fuel prices, the U.S. Transportation Department Continue Reading
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November, extending the timing of Continue Reading
