China is on track to…
Europe's high natural gas storage…
U.S. President Joe Biden started his term in office at the beginning of 2021 by canceling the presidential permit for the Keystone XL oil pipeline, clearly stating his…
Libya’s crude oil production is set for a partial gradual recovery sooner than expected after urgent repairs on a pipeline were completed earlier than initially planned, Argus reported on…
What exactly is green? Governments around the globe are now considering the importance of defining energy terminology in the transition to “green” in order to create clear effective…
Pioneer Natural Resources has decided not to hedge its oil production this year, signaling that it expects robust fundamentals. The company has already closed almost all of its hedges for…
A week ago, an earthquake with a 4.5 magnitude struck Texas in the most prolific shale play in the country—the Permian. Days later, another quake shook America’s oil…
The recent talks between Oman’s Assistant to the Chief of Staff for Operations and Planning, Brigadier Abdulaziz Abdullah al-Manthri, and the Chief of Staff of Iranian Armed Forces,…
In the final week of 2021, hedge funds bought petroleum futures and options contracts at the fastest pace in four months after market sentiment shifted over the past…
The context for oil in Guyana is looking even more favorable thanks to the passing of a landmark local content law last week. With greater opportunities for exploration…
Soaring energy prices this year have impacted people around the globe. I cited this as the Top Energy Story of 2021 in a…
A major opportunity has emerged to generate reliable power while capturing and sequestering carbon dioxide (CO2) from the atmosphere and can be implemented on a global scale. This…
The UK government believes it has until April to find a solution to ease the burden of surging natural gas and energy prices on utilities and households, although no immediate…
Beginning in 2020 and extending into 2021, massive monetary and fiscal stimulus packages by the world's governments helped to facilitate the fastest economic recovery after the March deep…
Low-carbon hydrogen could play a crucial role in the decarbonization of energy-intensive industries and in helping nations to reduce emissions and move closer to their net-zero emission targets,…
U.S. liquefied natural gas exports set a new record last year thanks to strong demand from Asia and Europe. With the difference in U.S. and Asian/European prices in…
Ford became the best-performing auto industry stock last year, beating investor favorite Tesla as it doubled down on an all-electric future. 2021 was “truly a breakthrough…
Oil markets are looking increasingly bullish as analysts argue that the impact of Omicron on global oil demand will be limited
Libya’s oil production has slumped to 780,000 barrels per day after maintenance work on a pipeline shut down 200,000 bpd output this week, adding to outages due to blockades at…
The OPEC+ group decided on Tuesday to add another 400,000 barrels per day to its total oil production in February in a widely expected move to continue easing the cuts…
The decline of the oilfield service sector (OFS) due to reduced activity in the past few years have required companies participating in this space to look for new…
Gasoline prices have remained unattractively high across much of the United States in the latter half of 2021, and a new study reveals that one U.S. state may…