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American Oil Production Disappoints

U.S. oil production may be growing more slowly than everyone thinks. In May American drillers pumped 10.442 million barrels a day, which is about 300,000...

Could Russia and US work together to regulate oil prices?

Russian President Vladimir Putin has suggested that Moscow and Washington cooperate to soothe the oil market.  Russia has partnered with OPEC and other producer nations...

Warning to residents after heating oil theft

RESIDENTS have been warned to be vigilant after oil was stolen from a house in Nercwys. North Wales Police confirmed that a call was received...

Oil slick from sunken tanker in China trebles in size

Sanchi, an Iranian ship, went down off China’s east coast carrying nearly one million barrels of oil on 6th January 2018. The spill from the...

Trafigura have signed agreement with Plains to boost US crude oil exports

Trafigura has signed a long-term agreement with Plains All American pipeline operator. The agreement is to ship 300,000 barrels per day of crude from...

OilFiredUp – Week in Review

Irving Oil to Acquire Whitegate Refinery Irving Oil announced has reached an agreement with Houston-based energy, manufacturing and logistics company, Phillips 66, to acquire its...

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Onshore wind farm investment at risk under government policy, says RenewableUK...

A trade association for renewable energy firms has warned that investment in onshore wind could slide unless the government changes policy, despite a record...