Central Banks are reluctant to…
Geopolitical tensions and tighter supply…
The market is growing increasingly…
"Our products make the world run." This is what Chevron's chief executive Mike Wirth said at this week's World Petroleum Congress in Houston. The statement echoed a sentiment…
The United States will have the world’s largest liquefied natural gas (LNG) export capacity next year, exceeding the capacity of the top LNG exporters Australia and Qatar.
After half a decade of U.S. oil drillers underinvesting in projects and returning money to shareholders, it could take years to resume pre-pandemic production levels that could further roil oil…
Upstream oil and gas investment must rise to the pre-pandemic levels of around $525 billion per year through the end of the decade so that the industry can ensure a…
Next year could lay the foundation for "a far more vibrant economic environment" and COVID transitioning from a pandemic to an endemic disease, JP Morgan said in its Outlook…
Traders are betting on the possibility the U.S. administration will ban oil exports, Bloomberg has reported, citing a pile-up in options contracts that would yield profits if U.S. West…
Crude oil prices stabilized on Wednesday morning after the Energy Information Administration reported an inventory draw of 0.2 million barrels for the week to December 3. The report comes a…
Earth scientist David Hughes—who is out with a new skeptical report on the future of U.S. shale oil and gas—has two very important things in common with Michael Burry. Burry is…
The news of another coronavirus variant that prompted some countries to close their borders frightened traders who exited their bullish positions on the commodity in droves a week…
The first major contracts for Saudi Arabia’s Jafurah field – supposedly, the biggest shale gas field outside the U.S. – were awarded last week, as the Kingdom aims…
The OPEC+ decision to stick to its oil production plans early next year came as a surprise to many observers, considering the market noise leading up to last…
After a sharp plunge that saw oil prices collapse below $70/bbl for the first time in months, the oil bulls appear to be back in control.
Saudi Aramco is selling 49 percent of its gas pipeline network to a consortium led by BlackRock, for which it will receive $15.5 billion—another step of the Saudi oil giant’s…
A flood of bullish factors have sent oil prices higher at the start of the week, with fears about Omicron fading on the back of some promising reports.
On Tuesday, European natural gas futures jumped after U.S. and European allies weighed new sanctions against Russia if it should invade Ukraine. Cold weather is not the only driver of natgas…
Is the era of Big Oil coming to an end? Worldwide, industry and policy leaders are finally making earnest pledges to decarbonize. The United States has passed a…
Oil prices rose early on Tuesday for the second day in a row, as traders are cautiously optimistic that the new Omicron COVID variant would not lead to massive lockdowns…
A rushed transition into renewable energy would cause spiraling inflation and social unrest, the chief executive of Aramco warned at the World Petroleum Congress in Texas this week, noting that…
Global natural gas prices are set for another year of volatility, following 18 months of swings from record lows to record highs. As natural gas demand started to rebound this…
California is by far the most ambitious U.S. state when it comes to things like emission standards, EV sales, and renewable energy. California is shutting down its nuclear…