Charles is a writer for Oilprice.com
The federal Iraqi government has asked the Kurdistan Regional Government to reduce oil production by 120,000 bpd, Reuters reported, citing the Iraqi News Agency. The…
Tesla’s chief executive Elon Musk’s wealth shrunk by $16.3 billion in a single day as the company’s shares tanked, Bloomberg reports. Tesla’s stock plunged by…
Along with WTI and Brent crude prices, natural gas prices fell precipitously on Tuesday, but the regional differences in gas prices during the last couple…
ExxonMobil said on Tuesday it had made its 18th oil discovery offshore Guyana, which adds to its previous estimate of more than 8 billion barrels…
The UK’s National Grid said on Monday that proposed new rules of energy company investments in the networks reduce the reliability and resilience of the…
French supermajor Total is giving up operatorship of five exploration blocks offshore Brazil in an environmentally sensitive area for which it has failed to secure…
Iraq plans to increase the processing capacity of its Qayara refinery in the northern part of the country to 90,000 bpd, Argus Media reported. Currently,…
The federal government of Canada and the provincial government of Alberta are each drafting hydrogen strategies to reduce emissions, which, in the case of Alberta,…
Aramco’s staff, who have been working from home during the worst of the pandemic, have started returning to offices and work sites, Bloomberg reports, adding…
One person was injured and another went missing after an oil tanker carrying crude oil from Kuwait to India caught fire east of Sri Lanka,…
Iraq is not seeking an exemption from the OPEC+ production cuts, the country’s oil ministry said in a statement following a Reuters report that suggested…
Jet fuel demand in the United States is recovering faster than in many other regional markets such as Europe and Asia minus China, the U.S.…
ExxonMobil is considering cutting jobs worldwide on a country-by-country basis, a spokesman for the U.S. oil supermajor told Reuters on Wednesday, after the firm began…
A suspicious package was “neutralized” by law enforcement agents at the construction site of a pipeline in Texas, Reuters reported, noting that there was no…
Turkey said on Tuesday that it was open to dialogue with its neighbor Greece to end the dispute over the oil and gas resources in…
Oil and petrochemical investment in Iran has reached US$10 billion since the beginning of the Iranian calendar year in March, the Islamic Republic News Agency…
Libya's largest oilfield, Sharara, is stopping all operations, and the operator is evacuating the workers as a foreign employee had tested positive for the coronavirus…
Hyundai Motor has unveiled the first image of a car it plans to make available to customers in Europe soon, just after the South Korean…
Russia’s Gazprom reported an operating profit of $2.57 billion (189.99 billion rubles) for the first half of the year, down from $10.57 billion (780.88 billion…
The U.S. Army Corps of Engineers has asked an appeals court to reverse a lower court’s ruling vacating the permit of the Dakota Access oil…