Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Venezuela’s problems are spreading to its trading partners: Cuba announced it will be cutting supplies of premium gasoline because of declines in imports from Venezuela.…
Oman has struck a deal with several banks for a $4 billion loan to be repaid in future oil deliveries. Abu Dhabi signed a contract with…
Russia has cut crude oil production by 200,000 barrels daily, Energy Minister Alexander Novak said. That’s two-thirds of the amount it agreed to cut under…
Venezuelan and Sudanese government officials are discussing possible investments in the oil and gas industry of Sudan. Both countries are experiencing serious economic woes, Venezuela…
ConocoPhillips has struck a deal with Cenovus Energy to sell oil sands and gas operations in west Canada, following in the footsteps of international oil…
The International Energy Agency gave environmentalists cause for celebration earlier this month when it reported that carbon dioxide emissions in 2016 remained unchanged from the…
The United Arab Emirates cut daily crude oil production by nearly 200,000 barrels this month, in keeping with the country’s obligations under the OPEC market…
Brazil is expecting the first revenues from oil sales under the new production-sharing agreements it has with foreign oil companies to start flowing into the…
Amid supply disruptions in Libya and strengthening expectations of an OPEC production cut extension, the Energy Information Administration reported commercial oil inventories in the U.S.…
Forbes has published the latest edition of its global list of billionaires, featuring 565 from the U.S., which made the country the top generator of…
The Dakota Access pipeline is ready to start shipping crude oil from North Dakota’s Bakken play south to Illinois, project operator Energy Transfer Partners said…
Unnamed armed factions have blocked production at the Sharara and Wafa fields in western Libya, cutting the country’s total output by 252,000 bpd, Reuters reported…
Libya’s National Oil Corporation has lashed out against the Government of National Accord, which issued a decree effectively giving it more control over the country’s…
The first three months of this year have made one thing crystal clear: Big Oil is set on expanding in shale—hardened by the lessons the…
Qatar’s sovereign wealth fund will open an office in Silicon Valley by the end of the year as part of a move to move the…
Libya’s National Oil Corporation warned in a statement yesterday that it had detected attempts for illegal sales of crude oil from “a group of individuals.”…
In a statement, the joint committee of seven oil ministers from the parties to the cut said that the deal could be extended for another…
Private equity funds are back in the oil game with piles of cash to spend, emboldened by oil prices of around $50 a barrel, even…
The self-driving car race has been intensive, especially recently, with new partnerships being announced on a regular basis as tech companies team up with carmakers…
Argentine exploration and production firm Tecpetrol has plans to invest $2.3 billion on gas exploration in the massive Vaca Muerta shale formation. As part of…