Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Seismological surveys of parts of the Central Kavir desert in Iran have revealed a new oil deposit, local media reported, citing an unnamed source. The source…
Gazprom’s chief executive Alexander Medvedev is meeting today with EU antitrust commissioner Margrethe Vestager, to discuss a settlement after a probe into the gas giant’s dominant…
Crude oil imports to South Korea went up by 4.9 percent on the year in the first quarter of 2017, to 278.18 million barrels. The…
It was about time big data entered the lives of Big Oil. Yet it’s not happening exactly as expected. Oil companies are not making a…
Goldman Sachs analysts have warned that OPEC’s job is not over with the announcement of an extension to its November agreement. Now the group needs…
Kinder Morgan is ready to go ahead with its expansion project for the Trans Mountain crude oil pipeline, the company said in a press release.…
Deeper cuts to OPEC’s oil production are not out of the question, but their implementation will depend on how things unfold with the current OPEC…
Everybody is making batteries these days, it seems. The EV revolution is coming, and as none other than Glencore’s Ivan Glasenberg said last week, it’s coming…
A Bloomberg investigation has uncovered a plan by Venezuela and Syria to circumvent Western sanctions on the Middle Eastern nation and ship its crude oil to…
Equatorial Guinea has become the 14th member of OPEC on the day the cartel announced a nine-month extension of its November 2016 crude oil production…
Libya has insisted that it remains exempt from the oil output reduction deal that OPEC today decided to extend by another nine months, to March 2018.…
Those who watched The Space Between Us would surely have a fresh memory of the plane that Gary Oldman’s character flew from the ground into…
The great majority of oil workers in Norway, or 87 percent,, have agreed on wages for this year with the companies that employ them. The…
A day before OPEC’s meeting in Vienna, where the cartel should announce officially the nine-month extension to its crude oil production cut deal, the Energy…
China’s biggest oil and gas state company, CNPC, is willing to spend US$2 billion on the development of Block 58 in southern Peru. The news…
Colombia’s state energy company Ecopetrol is losing oil production at the rate of 26,000 barrels daily because of protests that forced the company to partially suspend…
In a release of part of the draft budget for fiscal 2018, the Trump administration has proposed halving the strategic petroleum reserve, which will raise…
The British Royal Navy has been preparing to counteract a potential terrorist attack on LNG carriers for the last two years, a source from the…
Saudi Arabia is well known for its super low production costs for oil. In fact, its oil is almost the cheapest to extract. Only Kuwait…
Protesters in southern Tunisia have closed another oil pumping station in the Kebili province, signaling that the months-long sit-ins and gatherings are nowhere near an end.…