Oil and Gas

OPEC’s long-sought success spoiled by 2018 oil supply worry

Oil investors are already worrying over the potential fallout when OPEC’s deal to cut output expires, marring emerging signs that…

Biggest U.S. fuel pipeline fills up as east coast tanks drain

Colonial Pipeline is back to business as usual -- with more demand to move fuels to the East Coast from…

Saudi Arabia cuts September oil sales to prized Asia market

Saudi Arabia is said to have cut crude sales for next month to some buyers in the world’s biggest oil…

Nigeria recovery in oil production will lead sub-Saharan Africa growth in 2017 – report

Despite plunging into recession for the first time in a quarter of a century due to weakened oil prices, a…

Global energy investment declines 12% in 2016 as power sector leapfrogs oil and gas

Global energy investment fell by 12 percent to $1.7 trillion in 2016, representing 2.2 percent of the world gross domestic…

Libya’s largest oil field halts output after workers’ protest

Libya’s biggest oil field stopped pumping after a workers’ protest, according to a person familiar with the situation, a sign…