The Biden Administration cancels planned…
Investors are ditching the oil…
A day after the American Petroleum Institute disappointed oil bulls by reporting an estimated inventory build across the board, the Energy Information Administration deepened the mood by saying U.S.…
Hedge funds and other money managers have started to shake off the gloomy expectations of a global recession and waning oil demand growth that had seized market participants for most…
A Reuters report last week examining China's renewed oil and gas exploration and production push should make the country’s oil majors, Beijing energy planners, and just about everybody else…
Venezuela’s oil production could be disrupted to a greater degree than most analysts first thought, as the U.S. government seeks essentially shut in the country’s oil sector.…
Despite the nearly 40-percent oil price slide in the fourth quarter, supermajors booked solid sets of Q4 and 2018 results, suggesting that they have learned to raise profits even when…
Police and private security contractors have been quietly preparing to head off protests of a key oil pipeline in the U.S. Midwest in an effort to avoid another Standing Rock.…
U.S. West Texas Intermediate crude oil futures are trading higher on Friday with the market hovering slightly below highs not seen since November 21. The market is being boosted by…
Baker Hughes, a GE company sees a bright year ahead for its businesses, underpinned by solid growth in key oil and gas regions like the Middle East and the North…
Global deepwater liquid production is set to jump by 700,000 bpd from 2018 to reach a record-high of 10.3 million bpd in 2019, thanks to new fields coming on stream…
Baker Hughes reported a sharp drop in the number of active oil and gas rigs in the United States this week. The total number of active oil and gas drilling…
Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad Energy’s annual exploration review. “ExxonMobil…
China’s independent refiners—typically known as ‘teapots’—imported a combined 2.72 million bpd of crude oil in January, down by 8.7 percent from December, a monthly S&P Global Platts survey of…
Oil prices are on track for strong gains this week, and the price increases are not only the result of the crisis in Venezuela. The oil market received a boost…
The U.S. campaign for regime change in Venezuela could drive up oil prices. The oil markets barely budged last week when the Trump administration first recognized Juan Gauidó as…
The latest oil price decline has been blamed on several things, including anxiety about the state of the global economy, the sanction waivers Washington granted Iran’s biggest crude oil buyers,…
The Aramco IPO fog has been partly cleared up, after Amin Nasser, Aramco’s CEO, opened up to the press during a meeting at the World Economic Forum (WEF)…
As international prices inched up in the aftermath of Washington’s latest sanctions against Venezuela, the Energy Information Administration reported a build in crude oil inventories for the week to…
The Trump administration stepped up its effort at regime change in Venezuela on Monday, announcing sanctions intended to cripple the country’s oil sector. The U.S. government will bar most transactions…
Digital technology adoption in all stages of upstream operations in the oil and gas industry has seen a steep rise recently. While a lot has been written about the benefits…
Libya’s largest oil field, Sharara, will not reopen until the armed group that has been occupying it for nearly two months backs down and leaves, the chairman of the National…