Alberta’s oil production fell to the lowest in two years in May as wildfires and maintenance work crimped oil sands output.

The problem stems from years of neglect of Cuba’s energy infrastructure, exacerbated by constrained access to foreign capital ...

According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the ...

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

"Around 95% of Cuba's electricity is produced by power plants that burn oil. Fuel oil, diesel, even crude oil. So if you don't have the fuel, you cannot operate the plants," Torres says.

Compounding the problems, Cuba burns crude oil as a fuel for its plants. Experts said Cuba’s own crude oil production is very heavy in sulfur and metals that can impair the thermoelectric ...

Cuban authorities were still struggling Monday to contain a raging fire at an oil storage facility at the port of Matanzas, after new explosions spread the flames to other oil tanks, raising ...

The EIA expects production to average a little above 13.4 million barrels a day this year, and just under 13.4 million barrels a day in 2026.

Cuba is itself a producer of oil and natural gas, and new reserves have been discovered in the last two decades. The island however produces around 38,000 barrels of oil per day, but consumes ...

Rather than stopping production, which is ultimately more costly to restart, Venezuela is likely to send increased oil shipments to its ally Cuba, which has been in recent months enduring some of ...

Cuba generates most electricity from fuel oil and its own heavy crude production. Smaller distributed generation plants fueled with diesel help the country complement power generation.

Cuba received a substantial donation of 469.2 tons of sunflower oil from the Russian Federation, as part of its collaboration ...