Charles is a writer for Oilprice.com
Four people have been killed in a suicide bombing in Turkey’s largest city, Istanbul, as the Islamic State makes its presence felt more tangibly in…
BP and Statoil have announced that they will temporarily withdraw some of their staff from two natural gas treatment plants in Algeria after the facilities…
The way things are shaping up on the oil price panic barometer, 17 April is now a D-Day of sorts for the industry. It’s the…
After five decades of oil and gas exploration stagnation and mismanagement of natural resources under military rule, Myanmar (formerly Burma) in March elected its first…
Royal Dutch Shell and Saudi Aramco appear to be getting a divorce, breaking up their joint venture in U.S.-based refining assets. The two companies joined…
OPEC and Russia are pushing ahead with a planned meeting to discuss a production freeze, and have agreed to meet in Doha on April 17.…
Turkey is on full alert following another attack Sunday in the capital Ankara on a bus stop in which at least 37 people were killed…
Canadian Prime Minister Justin Trudeau came to Washington on March 10 to meet with U.S. President Barack Obama. The two leaders appear to have hit…
Shale wells pump out a lot more oil right up front, and deplete much faster than conventional wells. It’s a bit of technical mathematics that…
France’s Total SA is searching for an “elephant” oil field off the coast of Uruguay. Uruguay does not have much of an offshore oil industry.…
A federal bankruptcy judge ruled that Sabine Oil & Gas could withdraw from its contract obligations with pipeline companies to ship a certain volume of…
Having facilitated the illicit sale of Iranian oil while under Western sanctions, Iranian billionaire Babak Zanjani now stands accused by his own country of corruption…
The U.S. rig count fell below 500 for the week ending on March 4, as another 13 oil and gas rigs fell victim to the…
Saudi Arabia is seeking a $10 billion loan from international banks, according to Reuters, which represents the country’s first major loan in more than a decade.…
At a time when Egypt has just raised $8 billion to expand the Suez Canal project, reports are surfacing that global cargoes are increasingly bypassing…
The former head of Chesapeake Energy died in a car crash in Oklahoma on March 2, one day after he was indicted on antitrust charges…
The former head of Chesapeake Energy has been indicted on antitrust charges by the U.S. Department of Justice. Aubrey McClendon made a name for himself…
Tesla’s 10-million-square-foot, $5-billion lithium battery “gigafactory” in Nevada is the key to plans for a cheaper electric car, but with construction now well under way,…
Doubts are being cast as to the viability of Australia’s massive $54-billion Gorgon gas project—the most expensive in the world—as first cargoes are set to…
Energy bonds have become so beaten down that the yields on bonds from some investment grade energy companies are spiking above the yields on junk-rated…