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Oil Price
Oil prices Fell on Monday after New Tariffs Imposed By Trade War
Oil prices fell on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and de…
India and Russia Will Unveil A Energy Co-operation Agreement to Reduce India's Dependence on Traditional Fuel Suppliers
The framework, to be inked at the Modi-Putin summit, aims for an alternate route for oil, gas and coal from the Russian far east, an area marked out by both nat…
Oil & Gas Trade
U.S. Imposes Sanctions on Wandering Iranian Oil Tanker
The Treasury Department on Friday imposed sanctions on an Iranian oil tanker at the center of a power struggle between the United States and Iran, a move that t…
Oil & Gas Trade
Gazprom Conceded for Decline in European Gas Exports, Prices
Kremlin-controlled energy giant Gazprom on Thursday conceded for the first time that its gas exports to Europe, as well as its prices, will decline in 2019 foll…
Crude
Kenya Exports Its First-Ever Barrel of Oil to China
Kenya exported its first-ever batch of crude oil Monday, with President Uhuru Kenyatta declaring the shipment of 200,000 barrels a "special moment" in the count…
Oil & Gas Trade
BP to Exit Alaska in $5.6 Billion Deal with Hilcorp
British oil major BP Plc (BP.L) on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region wher…
Oil & Gas Trade
Oil Pipeline Vandalism In Nigeria Soars 77%
The Nigerian National Petroleum Corporation (NNPC) said on Sunday that it had seen a 77-percent jump in the number of cases of oil and fuel pipeline vandalism o…
Oil & Gas Trade
Iranian Spokesman Says Oil Aboard Tanker has been Sold
An Iranian government spokesman says the oil aboard an Iranian tanker pursued by the US has been sold to an unnamed buyer. The Adrian Darya, previously known as…
Oil & Gas Trade
Iran's Foreign Minister Arrived at the G7 Summit for Surprise Side Talks
Iran's foreign minister flew in for side talks at the G7 summit on Sunday as host France ramped up efforts to ease tensions between Tehran and Washington, a dra…
Oil & Gas Trade
Crude Oil Futures were Lower, Cause Escalating Trade Tensions Between the US and China
Crude oil futures were lower during mid-morning trade at the start of a brand new trading week in Asia Monday amid escalating trade tensions between the US and …
Oil & Gas Trade
Is China Blocking Vietnam’s Access To $2.5 Trillion In Oil & Gas?
The United States has China of interfering with oil and gas drilling operations off the coast of Vietnam in the disputed waters of the South China Sea. This is …
Oil&Gas Drilling
U.S. Crude Oil Rig Count Plunges To Near 2-Year Low
The US oil and gas rig count fell sharply on Friday, decreasing by 19 for the week, according to Baker Hughes. The total oil and gas rig count now stands at 916…
Shell Closes in on Takeover Deal for Australian Energy Supplier ERM Power
Oil giant makes first foray into Australia's competitive power market as it continues drive into consumer energy supply, renewables, and clean technologies
Oil and Gas Technology
The Iraq-Turkey Oil Pipeline Dispute: Opportunity in an Arbitration
Fatigue and frustration aside, U.S. focus and engagement in Iraq remains critical to the national- and energy-security interests of the United States and its al…
Oil&Gas Drilling
U.S. Sanctions Deadline is Threatening to Clobber Venezuela's Dwindling Oil-Rig Fleet
A looming U.S. sanctions deadline is threatening to clobber Venezuela’s dwindling oil-rig fleet and hamper energy production in the nation with the world’s la…
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