Venezuela is stuck in an economic and political crisis, and its rapidly dwindling fiscal resources could start cutting into the country’s oil production.     Read Article  +

A private-led Chinese group is planning to build a $15 billion mega-petrochemical complex on an island near Shanghai, in what would be the country's first and largest energy installation to be built by a non-state investor, industry sources said. ...  +

Oil fell a second day after Iraq's oil exports approached a record high in April, adding barrels to a worldwide supply glut.     Read Article  +

Leftist guerrillas in Colombia, rebels in Libya and militants in Nigeria are succeeding where the world’s biggest oil producers failed, helping keep a 1.5 million-barrel crude surplus from expanding.     Read Article   +

Few countries need oil’s rally to last more than Venezuela, where the economy’s expected to shrink 8 percent this year and a lack of petrodollars has seen shops run short of consumer goods.        Read Article  +

A global crude oil deficit will develop before the end of this year, the chairman of FGE consultancy Fereidun Fesharaki said Monday.     Read Article  +

LONDON (April 22, 2016) – FGE is delighted to announce that Dr. Fereidun Fesharaki, Chairman FGE, has been selected by the USAEE Awards Committee to receive the Adelman-Frankel 2016 award. The Adelman-Frankel award is given to an individ...  +

Singapore could be deploying its first two floating liquefied natural gas (LNG) units in the years to come as a means of meeting the country's energy needs.     Read Article  +

Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes.     Read Article  +

Thousands of Kuwaiti oil and gas workers are striking to protest against a government plan for public sector pay reforms, although non-Kuwaiti workers in the industry are not on strike.     Read Article  +