Joao is a writer for Oilprice.com
Russian Lukoil has announced its preparedness to return to Iran's Anaran oil project once the US-led sanctions against the Islamic Republic's energy sector are lifted.Lukoil…
There will be many more closures of coal-fired power plants around the country over the next two years than has been announced thus far, according…
A well in Pennsylvania’s Marcellus Shale operated by Chevron is still burning two days after an explosion that left one worker injured another reported missing.…
The second week of February has not been a great one for the energy industry. Several industrial accidents occurred at different sites in and around…
French oil giant Total SA continues to prop up Iranian oil and gas prospects, promising that Tehran will unveil a new contracting regime that will…
The West Texas Intermediate (WTI) benchmark surpassed $100 per barrel in intraday trading for the first time since October of last year on a wave…
As Israel debates whether to eventually export its newfound gas largesse via pipeline or in the form of liquefied natural gas (LNG), Australian LNG experts…
In effort to improve and enhance its refining capacity, Kuwait approved $12 billion in investment to upgrade two oil refineries. Pumping billions into Kuwait’s largest…
The US Securities and Exchange Commission (SEC) has suspended 255 shell companies from trading from 3 February through 14 February to prevent “pump and dump”…
Shortages of propane around the country have left many with sky-high energy bills, or worse, without heat at all. Propane prices have jumped from a…
Russia’s Lukoil says it should reach production of 400,000 barrels per day at its West Qurna-2 field in Iraq by the fall—figures that will more…
Brazil has arguably the greenest and cleanest economy in the world, as it gets 80% of its electricity from hydropower and only a small share…
As natural gas prices climb, reaching over $5/mcf again on 4 February, and with an unseasonably cold winter, local utilities say that natural gas customers’…
Texas Railroad Commissioner Christi Craddick sent letters to oil and gas drillers to warn them about running afoul of the state’s rules on flaring natural…
Former Chesapeake Energy Corp. CEO Aubrey McClendon has reportedly raised as much as $500 million for his new venture, American Energy Partners LP, and is…
Fuel for ferries and large cargo ships may increasingly come from liquefied natural gas (LNG), as companies move to both lower fuel costs and comply…
An indigenous Nigerian oil company is suing major foreign players for allegedly plotting to exclude the local company from a $3.8 billion floating production vessel…
Royal Dutch Shell announced on Feb. 4 that it started oil production from its “Olympus” platform in the Gulf of Mexico. The company is using…
The ethanol industry, already reeling from a draft plan for cuts in the ethanol mandate for this year, will now face more pressure as everyone…
Energy giant Royal Dutch Shell has announced a deal with Qatar Petroleum to sell 23% of its take in a Brazilian oil field for $1…