BAGHDAD (Bloomberg) --Iraq is pumping crude at record levels and the violent street protests that engulfed the oil-rich south have not affected energy facilities in OPECs No. 2 producer. The countrys crude exports reached a record of 3.59 M...

NEW YORK (Bloomberg) -- The vibrations of the shale boom are now shaking the futures market. A visible decline in open interest of West Texas Intermediate crude futures contracts for delivery five or more years in the future is due to the g...

JOHANNESBURG (Bloomberg) -- Africa is entering the oil-hunt spotlight as drillers, flush with cash after crudes recovery, are turning their attention back to the continents potentially vast resources. The worlds biggest companies from Exxon...

LONDON -- Anglo African Oil Gas plc, an independent oil and gas developer, has announced that the company has been informed by its drilling contractor, SMP, that they have experienced a topside issue that has affected a rig offshore the Con...

SINGAPORE (Bloomberg) -- The worlds top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three months ago that Indias foreign minister said that...

LONDON (Bloomberg) --Discounts, bartering and smuggling are among the tactics Iran may lean on to keep almost 800,000 bpd of its oil exports flowing after U.S. sanctions resume in November. Irans Oil Minister Bijan Namdar Zanganeh alluded t...

LONDON (Bloomberg) -- Irans oil exports are tumbling again as the countrys key buyers in Asia take fewer cargoes in the weeks before U.S. sanctions take full effect. The Persian Gulf nation shipped just under 2.1 MMbpd of crude and condensa...

NEW YORK (Bloomberg) -- Crude broke through $70/bbl for the first time in a month as shrinking stockpile levels in the U.S. combined with expectations of lower Iran exports point to tighter markets. Futures in New York advanced as much as 0...

HOUSTON --World Oiland Gulf Energy Information has announced the finalists for the 2018 World Oil Awards. For 17 years, these prestigious awards have honored the upstream energy industrys leading innovators and innovations. Click here for a...

LONDON (Bloomberg) -- Global oil markets have stopped being the puppet masters driving European natural gas prices. Gas is no longer as localized a commodity, only moved relatively short distances through pipelines, and tied to oil in Europ...