OPEC Secretary General Haitham Al Ghais said on Thursday the International Energy Agency (IEA) should be “very careful” about discouraging investment in the oil industry, which was…
OIL Feed Atom
In early February, Chief Allan Adam of the Athabasca Chipewyan First Nation in northern Alberta started fielding calls from community members after the provincial regulator revealed toxic…
Oil and gas producer Cenovus Energy Inc CVE.TO reported a fall in first-quarter profit on Wednesday, hurt by lower oil prices.
Crude oil prices were volatile…
Oil prices slipped on Wednesday, extending sharp losses from the previous session, even after a report showed that U.S. inventories fell last week, as the market took…
Iran’s oil minister here on Wednesday said projects worth $2.2 billion will be inaugurated during President Seyyed Ebrahim Raeisi’s visit to Khuzestan Province, southwestern Iran, in the…
One of the most troubled countries in the world, Venezuela is also the country with the world’s largest oil reserves.
Not all major oil…
Global refining margins have halved since February as Russian crude exports remain elevated despite sanctions, boosting fuel output from China and India, Reuters has
Oil slipped on Tuesday after two sessions of gains as uncertainty about the global economic outlook and a firmer dollar countered investor optimism about demand in China…
More than 1,500 Iranian and Foreign companies will participate in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2023), which will be…
Iran’s deputy oil minister for international affairs and trade here on Monday said a high-ranking delegation from Russia will visit Tehran to sign cooperation documents.
OPEC’s share of India’s oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22 years, as intake of cheaper Russian oil…
Russia’s oil output this year is on course to top 480 million tonnes, or about 9.6 million barrels per day (bpd), a Russian government source familiar with…
Oil prices were steady on Monday as concern over rising interest rates, the global economy and the outlook for fuel demand were balanced by the prospect of…
A drilling rig was erected off Lavan Island, the Persian Gulf, another step toward boosting oil output, said an Iranian Offshore Oil Company (IOOC) official Monday.
The Alberta Energy Regulator says it is investigating after Suncor reported the discovery of dozens of dead birds at an oilsands tailings pond.
The…
The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions, sources said, as President Joe Biden’s administration enacts new rules…
Start-ups are developing direct lithium extraction technology to access brine under abandoned oil wells.
This method presents a more sustainable and less harmful approach…
The European Union’s statistics office Eurostat announced the import of Iranian oil by three European Union (EU) members in 2022, and introduced Bulgaria as the newest customer…
Imperial Oil Limited, a Canadian company, specializes in exploration, production and sale of crude oil and natural gas. The firm currently operates through three major segments known…
The U.S. Environmental Protection Agency on Friday said it will require companies that produce oil from a process known as “advanced recycling” to submit the product to…