Charles is a writer for Oilprice.com
An abatement in the spread of the wildfires ravaging through Canada’s Alberta region see oil production back on line soon after production was cut by…
Australian Entek Energy Limited has entered into an agreement with Houston-based Peregrine Oil & Gas to sell the company’s entire Gulf of Mexico portfolio for…
The US Energy Information Administration (EIA) has revised its earlier crude oil price forecast, originally issued in April, but now expected to be around $40.52…
Libyan officials attached to the government in Tripoli are warning that the country will have to halt the majority of its output from southeastern fields…
A Panama-registered oil tanker that disappeared from radar three weeks ago en route to Senegal has now reportedly washed up in Liberia without its crew,…
At least 73 people have been killed and dozens more severely wounded in a head-on collision between an oil tanker and two buses on a…
U.S. company Cobalt has announced the discovery of condensates and natural gas in the Zalophus #1 well in Block 20 offshore Angola, in the sixth…
Seeking to expand its electricity and renewable energy business, French energy giant Total SA has agreed to acquire high-tech battery maker Saft for $1.1 billion…
Less than a year after the Chinese government allowed local refineries to use imported crude, the demand for overseas oil has risen by 7.6 percent,…
Saudi Arabia revealed more details about its planned initial public offering of the state-owned oil company Saudi Aramco. As part of Deputy Crown Prince Mohammed…
The already week-long fires still raging cross the Alberta oil sands region in Canada have forced many companies to further cut production and issue warnings…
A Saudi government overhaul which saw the dismissal of the long-time Saudi oil minister signals quite a lot—from the kingdom’s new economic ‘’vision’’ to the…
The third largest gas producer in the US, Anadarko Petroleum Corp, is reportedly planning to sell assets in three states as it seeks to raise…
The second-largest producer of natural gas in the United States, Chesapeake Energy Corp., has announced plans to sell part of its Oklahoma shale acreage in…
A brand new North Dakota refinery—the only new refinery built in the United States since the 1970s--has been forced to cut production, while its owners…
As the first wildfire that started in Fort McMurray continues to rage and thousands are evacuated from a nearby oil work camp where they had…
In the aftermath of a militant attack on a Chevron oil platform in the Niger Delta region, the group claiming responsibility is now threatening to…
The UAE has become the latest example that no oil producer is immune to the effects of low prices—regardless of what line officials may be…
Iranian officials are saying that BP Plc will open an office in Iran this summer, though BP has not independently confirmed this. The announcement was…
The Syrian military announced it would observe a 48-hour truce in the city of Aleppo following pressure exerted by both Russia and the United States…