The war with Russia has…
Texas pulled $8.5 billion from…
Saudi Aramco, the world’s largest oil company, has for the first time ever issued a bond prospectus to financial markets, shedding some light on its financial structure and management. By…
Billionaires are spending more on renewable energy, storage, and battery technology. A group of them even set up a US$1-billion fund, Breakthrough Energy Ventures, to encourage research in these…
President Trump issued an executive order on Friday to push the Keystone XL pipeline forward, hoping to short-circuit litigation on the project and get it off the ground. The
With thin profit margins growing even thinner in the crude oil sector, commodity trading houses have been looking for the next big movement in the energy industry to sink their…
Saudi Aramco received on Monday high first-time credit ratings from Fitch Ratings and Moody’s as Saudi Arabia’s oil giant is getting ready to launch its first bond in U.S. dollars.…
United States District Court for the District of Alaska judge Sharon L. Gleason decided late on Friday to reinstate the drilling ban on millions of acres in the Arctic that…
I suppose to most people, the definition of the “perfect trade” is one that makes you a ton of money, but without the benefit of a crystal ball that can…
Oil prices took a bit of a hit this week, but the overriding sentiment is that we’ve got at least two more quarters of strong prices, though it may hit…
Oil prices closed the week on a positive note, as professional buyers are more convinced that oil is trending higher in the short term.
The the number of active oil and gas rigs fell for the second week in…
The U.S. administration is trying to pressure foreign commodity traders and refiners to suspend their trades with Venezuelan oil in the latest push against the Maduro government. The information comes…
Oil producers in the United States are not hedging enough future production while oil prices trend higher, Goldman Sachs has warned. According to the investment bank, drillers were now…
Research on the Levant Basin dates back to 2010 when the Leviathan block was first discovered by Ratio Oil. Following this, companies like US-owned Noble Energy and French giant…
President Donald Trump called OPEC out on Twitter once again on Thursday, pressing the oil “monopoly” to stop driving prices higher. The US President’s latest tweet, while calling on the…
Washington has secretly given the go-ahead to several companies to sell nuclear power technology to Saudi Arabia, Reuters reports, citing a document it had obtained. The document featured an…
The long awaited Saudi Aramco acquisition of Saudi Basic Industries Corporation (SABIC) is finally here. With a statement to the press, Aramco CEO Amin Nasser reported that Aramco…
The ongoing unrest in one of North Africa’s largest oil and gas producers Algeria is reaching boiling point. After weeks of protests from the opposition, aimed at blocking the possible…
While China may be the world’s largest market for electric vehicle sales, Chinese car buyers have a new love affair: pickup trucks. As in the U.S., pickups are ideal for…
Oil markets are enjoying a modestly bullish March on the back of coordinated OPEC+ production cuts and unplanned production outages in Venezuela. Peripheral bullish narratives have included dovish central bank…
Sources- Turkish Treasury Ministry official- Turkish Interior Ministry official- American intelligence contractor based in London- British former diplomat in Saudi Arabia ISIS may be on the…