Lost generation of oil workers leaves few options for next boom
The oil industry is fighting a generation gap.
Why one regulator’s face is on ‘Wanted’ posters in suburban D.C.
Tony Clark was wrapping up dinner with his family when the doorbell rang.
Iraq inquiry shows oil was a consideration for UK before war
The U.K. government held talks with Royal Dutch Shell Plc and BP Plc to ensure British energy companies were "well-placed to pick up contracts in the aftermath" of the invasion of Iraq, according to declassified documents released as part of an official inquiry.
Exxon said to join forces with Qatar for Mozambique gas assets
Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural-gas discoveries in a generation, according to four people with knowledge of their plans.
Oil trader Trafigura quits Swiss lobby group on transparency
Trafigura Group Pte, the world’s second-largest oil trader, withdrew its membership from the Swiss Trading and Shipping Association after disagreeing with the industry lobby group over efforts to improve transparency in the commodity-trading sector.
Russia’s savior from oil’s drop is now snuffing out recovery
Russia is finding the flip side of a flexible currency less and less appealing.
Nigerian government overhauls state oil company’s leadership
Nigeria’s government made wide-ranging changes to the leadership of its state oil company as the nation grapples with crude prices that are too low to balance the budget and a militant insurgency that’s damaging production of its biggest export.
Waging America’s wars using renewable energy
A major player in U.S. renewable energy happens to be a five-sided building in Virginia usually associated with deployment of power rather than consumption of it.
World’s top oil trader says prices won’t rise much further
Oil prices won’t rise much further over the next year and a half as demand growth slows and refiners comfortably meet gasoline consumption, according to the world’s largest independent oil-trading house.
Brent oil falls below $50 after nigeria boosts crude production
Brent crude sunk below $50 a barrel as estimates showed Nigerian production rose last month following repairs to infrastructure that had been damaged by militant attacks.
UK reliance on electricity, Natgas imports to increase by 2030
Britain will depend on more imported natural gas and electricity over the next 14 years even as demand is set to shrink, according to the country’s network operator.
Brexit stock Drop Not Over for Norway Manager of $10 Billion
Worse is to come for equity markets after the U.K.’s vote to exit the European Union, according to the tactical asset allocation unit of Norway’s largest listed life insurer, Storebrand ASA.
Brent trades near $50 as Nigeria militants claim fresh attacks
Brent oil traded near $50 a barrel as Nigerian militants claimed fresh attacks over the weekend, threatening the country’s efforts to raise output.
Gunmen in Nigeria attack Eni of Italy boat crew, kill two
Gunmen in Nigeria opened fire on a boat transporting Eni SpA workers in the oil-rich Niger River delta, killing at least two people, the company said.
Niger Delta Avengers claim five attacks in blow to cease-fire
Niger Delta Avengers, a militant group operating in Nigeria’s oil-producing Niger River region, said it attacked five crude-pumping facilities overnight Sunday, dealing a blow to the government’s effort to enforce a cease-fire.
America’s booming oil demand might just be an illusion
Could it be that the U.S. demand that's helped drive a near doubling of oil prices since mid-February was illusory? That may be a reasonable conclusion to draw from the latest data published by the country's Department of Energy.
Chevron suspends LNG production at Gorgon again after leak
Chevron Corp. halted output at its $54 billion Gorgon liquefied natural gas development for the second time this year after a gas leak at the site, the latest problem for the Australian mega-project.
Oil extends gains after biggest quarterly advance since 2009
Oil rose after the biggest quarterly gain since 2009 as falling US supply added to speculation the global surplus is easing.
Oil bulls beware because China’s almost done amassing crude
One of the pillars of oil’s recovery from the lowest price in 12 years may be on the verge of crumbling.
Chevron deadline nears for $40 billion bet on next decade’s oil
Chevron Corp. may shortly give a green light to the most expensive oil project in the world this year as the industry digs out from the worst slump in a generation.
Saudi Aramco cuts all August oil prices for US, Asian clients
Saudi Arabia, the world’s largest crude exporter, cut all official selling prices for its crude sales to Asian and US clients in August.
Abu Dhabi merger to build oil producer dwarfing OPEC’s Libya
Abu Dhabi’s proposed merger of two of its largest sovereign investment funds would create a global energy business that produces more oil than OPEC member Libya and with more assets than ConocoPhillips.
Oil heads for best quarter since 2009 as market seen rebalancing
Oil headed for the biggest quarterly advance in seven years as falling U.S. supply added to speculation the global surplus is easing.
Goldman’s $50 oil view at risk as Nigerian militia hold fire
Goldman Sachs Group Inc. said oil may trade below its $50 forecast in the second half of 2016 because of a ceasefire between militants and the government in OPEC member Nigeria.
Abu Dhabi plans merger of sovereign funds Mubadala and IPIC
Abu Dhabi is planning to merge two of its largest sovereign investment funds as the sheikhdom pursues a strategy of consolidation after the slump in oil prices.