Russia’s average daily oil output in August exceeded its Opec+ cap for the  first time since April as the impact of the Druzhba contamination crisis f

Bloomberg /London Opec’s crude production rose last month, the first increase since the group and its allies started a new round of output

DEFA announced on 23 August its decision to award the tender for the construction of an LNG import terminal at Vasilikos. This will comprise a floatin

American oil explorers, which are producing record volumes of crude, cut drilling to a 19-month low as they seek to show investors they can do more wi

Bloomberg /London: September 02 2019 12:38 AM Big Oil has a new contender for the No 2 spot. Chevron Corp has almost displaced Royal Dutch Shell Plc

If you take a drive along the well-worn highways of West Texas, orange flames will punctuate your journey. Those are gas flares, and they’re lighting

DUBAI (Reuters) - A senior Iranian official said on Saturday the United States had shown flexibility on the licensing of Iranian oil sales and this wa

LONDON (Reuters) - OPEC oil output has risen in August for the first month this year as higher supply from Iraq and Nigeria outweighed restraint by to