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Venezuelan Officials Arrive in Russia, Seeking New Deals  Venezuela’s vice president and the head of state oil company PDVSA arrived in Russ...

In an ominous sign for 2020, a mere week into this year the assassination of Iranian military leader Qasem Soleimani by U.S. forces pointed...

French Total plans to increase its investments in Libya’s oil industry, the National Oil Corporation said, adding it had discussed with the...

Norway is offering 136 offshore oil and gas exploration blocks in the Barents Sea and the Norwegian Sea, the country's Petroleum Directorate...

Australian Oil Search plans to make the final investment decision on the Pikka project in Alaska next year and launch production in 2025, ch...

OPEC has suffered immensely under the pandemic and subsequent oil demand loss, and its job could now become significantly more challenging a...

The $5-trillion global transportation industry is going green, and the result of the U.S. election only solidifies that fact. Tesla (NASDAQ:...

The OPEC+ group has overproduced as much as 2.346 million barrels per day (bpd) over their collective quota since the start of the record pr...

In a move that came as a surprise to some, today’s oil and gas lease round in the U.S. Gulf of Mexico generated substantial interest on Wedn...

After a wave of bankruptcies in the third quarter, oil producers and oilfield services companies in the U.S. shale patch continued to file f...

In a hard-fought campaign Democrat Joe Biden won the November 2020 U.S. presidential race beating incumbent Donald Trump. There were conside...

Russia is planning a major foray into LNG that needs to be completed by 2030, while LNG projects are still profitable. This is not a rumor c...

A Joe Biden administration is bound to usher in a 180-degree pivot on climate change from the outgoing presidency. But with control of the S...

In 2020 the oil and gas industry suffered through its most brutal year in modern history. Oil prices went negative for the first time ever,...

Luxembourg is stepping up efforts to achieve its goal of becoming Europe’s hub for space mining by announcing plans to create a European Spa...

The Bureau of Ocean Energy Management (BOEM) is holding on Wednesday the last offshore lease sale for the year and the last such lease sale...

Venezuela sits atop the largest proven oil reserves in the world, clocking in at a whopping 300 billion barrels. But years of domestic econo...

Crude oil production in the U.S. Gulf of Mexico dropped in August by the largest amount compared to the previous month since September 2008,...

Major oil companies have asked local authorities to boost surveillance on oil-producing and oil and infrastructure assets in Nigeria amid es...

The UK government will ban sales of gasoline and diesel cars from 2030, the BBC reported, citing Prime Minister Boris Johnson. The move is p...

A Canadian indigenous group has struck a deal with TC Energy to invest some $763. 77 million (C$1 billion) in the controversial Keystone XL,...

Oil prices fell slightly on Wednesday morning after the Energy Information Administration reported a moderate 800,000-barrel increase in cru...

First Pfizer and now Moderna have provided a much needed shot in the arm to the embattled oil industry, with their news about vaccine candid...

Despite its huge oil resources, Iraq’s practical readiness to hit its 7 million barrels per day (bpf) oil production target (by 2025) came i...

Ultrathin, incredibly strong, superconductive, cheap--and impossible to use. Those are some of the unfortunate oxymorons that have been used...