Big Oil is trumping the…
China is raising from Wednesday…
Energy experts and environmentalists express…
Just five Asian countries are now producing the vast majority of the region’s coal, with little intention of reining in production as several companies invest in new coal…
Way back in March, a veritable eternity ago if you measure by the daily news cycle, Oilprice reported that high oil prices were coming down the pike, and…
U.S. crude oil production is not expected to pick up a significant growth pace at least until the end of this year, the Energy Information Administration (EIA) said in its…
OPEC member Nigeria is losing billions of U.S. dollars every year to oil theft and sabotage, which continue to plague the oil sector in Africa’s top crude producer…
Hydrogen has become a buzzword that has stirred the energy industry. Although some fossil fuel-dependent countries feel threatened, others see opportunities. And while skeptics first dismissed it as…
In a relatively rare example of disagreement — or, at least, such public disagreement — usually close allies Saudi Arabia and the United Arab Emirates (UAE) have failed…
Crude oil prices rose higher today after the Energy Information Administration reported an inventory draw of 6.9 million barrels for the week to July 2. This compared with a…
Oil prices fell for a third day in a row early on Thursday as uncertainty coming from the OPEC+ deadlock and fears of COVID variants spreading fast weighed on the…
U.S. shale oil producers have suffered billions in losses from hedging their output at lower than current prices, the Financial Times reported today, citing data from IHS Markit. According…
At mid-year 2021 we find that we are in an unsettled state with respect to crude supplies. Of the three largest contributors to global supply, the U.S.A., Russia,…
As oil prices have rallied more than 40 percent this year, analysts and institutional investors have grown increasingly bullish on oil stocks, which, many believe, are still undervalued…
Four years ago, the UN declared plastic pollution a global crisis, decades after the discovery of the Great Pacific Garbage…
The Mexican government launched a quest against foreign oil companies operating in the country pretty much from day one in office. First, it suspended new oil and gas…
In an incredible show of bipartisan support on a spending bill, a phenomenon all but unheard of in the United States these days, the Senate voted in a…
Oil prices continued falling early on Wednesday, following the sharp losses incurred the previous day after the market started to assess what the OPEC+ deadlock would mean for immediate oil…
China’s establishment of a national pipeline network, PipeChina, last October is creating a shift in China’s oil and gas industry, which aims to create greater competition and encourage…
Last month, the unthinkable happened: the United States Senate agreed on a bipartisan spending deal. The new infrastructure deal, arrived at and agreed to (although not yet voted…
The Notre Dame Global Adaptation Initiative Index measures a country’s climate change vulnerability against its capacity for resilience. War-torn states like Yemen, Mali,…
Gas prices at the pump are up 40 percent since the start of the year and Republicans are blaming the Biden administration, which does not accept the guilt. “I think…
Nearly a week of formal and side talks and behind-the-scenes negotiations failed to resolve a dispute over baseline production levels at OPEC+. The discord threw the group in…