BloombergKuwait replaces oil and finance ministers: state news agencyReutersDUBAI (Reuters) - Kuwait replaced its oil and finance ministers in a cabinet reshuffle on Monday, state news agency KUNA reported. Bakhit al-Rashidi was appointed the new oil minis …

Norway reduces oil riskIPE.comI don't think anyone expected the fund to ever reach a trillion dollars when the first transfer of oil revenue was made in May 1996,” Yngve Slyngstad, CEO of Norges Bank Investment Management, wrote following the announcem …

XinhuaCNPC reports new oil field discovery in northwestern ChinaFinancial TimesChina's largest energy group has discovered a new oil field in the country's northwestern reaches with more than 500m tonnes of crude reserves after more than a decade o …

Reuters.comVenezuela arrests ex-oil bosses for graft in widening purgeReuters.comMaduro has promised a vast anti-corruption purge to cleanse the oil industry of “mafias.” Some 65 executives have been detained so far, panicking PDVSA workers, depriving Vene …

ReutersVenezuela arrests ex-oil bosses for graft in widening purgeReutersMaduro has promised a vast anti-corruption purge to cleanse the oil industry of “mafias.” Some 65 executives have been detained so far, panicking PDVSA workers, depriving Venezuela&#3 …

ReutersOPEC, Russia head for oil cut extension but wary of overheating marketReutersRussia needs much lower oil prices to balance its budget than OPEC's leader Saudi Arabia, which is preparing a stock market listing for national energy champion Aramco …

ReutersOPEC, Russia set for oil cut extension but wary of overheating marketReutersSix ministers from OPEC and non-OPEC oil producers including Saudi Arabia and Russia will gather in Vienna on Wednesday - one day ahead of a full OPEC meeting - to review re …

The Oil Information Cartel Is (Finally) BrokenOilPrice.comA determined James Stafford of OilPrice.com just busted wide open an oil industry information cartel that has existed for decades. Most investors look at WTI and Brent prices at Bloomberg or CME Fut …

ReutersOPEC heading for oil cut extension with a caveatReutersVIENNA (Reuters) - OPEC and Russia are heading toward prolonging their oil supply cuts for the whole of 2018 but with an option to review the deal in June, OPEC sources said on Tuesday after Mos …

Financial TimesShell signals oil industry's financial comebackFinancial TimesRoyal Dutch Shell has restored its all-cash dividend and given the go-ahead for a $25bn share buyback in a sign of the strength returning to the oil industry after three years …