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Three missing after explosion on Russian oil tanker in Azov Sea

Saturday, 24 October 2020

Three people were reported missing after an explosion took place on a Russian oil tanker traveling ......

Oil investment collapse creating energy crisis with global economy to suffer: IEF

Wednesday, 21 October 2020

Investment into new oil and gas production has collapsed this year, which could lead to an energy ......

Oil prices remain steady after OPEC+ warn of precarious market outlook

Tuesday, 20 October 2020

Oil steadied near $41 a barrel in New York with OPEC+ warning of a precarious outlook for the market ......

Iraq moving towards forming company to handle Kurdish oil operations, says minister

Tuesday, 13 October 2020

The Iraqi oil minister has proposed forming a company to manage oil production and export operations ......

Libyan oil production rises to 290,000 bpd as exports gather pace

Monday, 05 October 2020

Libyan oil production has risen by about 20,000 barrels per day (bpd) from last week to reach ......

Saudi Arabia keeps oil output steady, exports at 6.1 mln bpd, says industry source

Monday, 05 October 2020

Saudi Arabia shipped 6.1 million barrels per day (bpd) of crude oil in September, slightly above ......

End of oil by 2050 ‘a fantasy,’ says World Energy Council Secretary General

Monday, 05 October 2020

Oil will not stop being used any time soon, the Secretary General of the World Energy Council Dr ......

Shell plans to cut up to 9,000 jobs as oil demand dives following coronavirus

Wednesday, 30 September 2020

Energy producer Royal Dutch Shell said Wednesday it’s planning to cut between 7,000 and 9,000 jobs ......

Nigeria could privatize national oil company NNPC, change royalties under new law

Monday, 28 September 2020

Nigeria’s long-awaited oil reform bill would privatize the Nigerian National Petroleum Company ......

Shell launches ‘Project Reshape’ in major cost-cutting drive for energy transition

Monday, 21 September 2020

Royal Dutch Shell is looking to slash up to 40 percent off the cost of producing oil and gas in a ......

Some Libya oil facilities restart operations, companies, engineers say

Sunday, 20 September 2020

Workers at Libya’s major Sharara field have restarted operations, two engineers working there said, ......

Saudi Arabia crude exports up in July

Thursday, 17 September 2020

Saudi Arabia's crude oil exports bounced back to 5.73 million barrels per day (bpd) in July from ......

Oil and OPEC: Step aside Seven Sisters, it’s time for the Seven Brothers

Thursday, 17 September 2020

Cyril Widdershoven is a Middle East defense energy analyst and the Director at Verocy B.V., a consultancy based in the Netherlands, and Global Head Strategy & Risk of Berry Commodities Fund.

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OPEC celebrates 60th anniversary amid ongoing coronavirus challenges in oil markets

Monday, 14 September 2020

The Organization of Petroleum Exporting Countries (OPEC) on Monday celebrated its 60th anniversary ......

OPEC cooperation on oil protects our children’s future: Secretary General Barkindo

Monday, 14 September 2020

On 14 September 1960, the five Founding Fathers of the Organization of the Petroleum Exporting ......

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