Ford's price cuts for its…
Tesla is laying off over…
A rarely used technique called…
As the prices of steel, cement and other raw materials climb higher and higher amid tightening supply, drillers in the U.S. shale patch are facing higher production costs, Bloomberg
OPEC+ is gaining the upper hand as a trendsetter on global oil markets, Vitol’s head of operations for Asia, Mike Muller, said as quoted by Bloomberg this weekend. “There’s…
West Texas Intermediate hit the highest since 2018 at the end of last week amid an increasingly favorable demand outlook. The U.S. benchmark topped $70 a barrel on Friday…
Just last week, some of the world's largest integrated energy companies faced the wrath of furious investors and climate activism. Exxon Mobil (NYSE:XOM)
Gamma-ray bursts are the most powerful, brightest explosions in the universe. They last only seconds but release immense amounts of energy—as much, in fact, as the sun will…
When Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman announced that Saudi Arabia was no longer an oil-producing country, he likely didn’t mean literally. “Saudi Arabia…
An under-the-radar hearing on the way shippers will contract volumes on Canada's key crude oil export pipeline began last month in what could turn out to be the…
The world’s most important oil-importing region, Asia, is showing signs of weaker physical demand with lower cargo arrivals in May and crashing refining margins as a COVID resurgence…
Russian President Vladimir Putin has announced that laying the pipes for the first of two lines of the prospective Nord Stream 2 pipeline to Germany has now been…
The reputation of coal has sustained great damage from an increasing amount of analytical reports describing it as the lowest-hanging fruit to halt global warming. Especially amongst OECD…
Someone should put Elon Musk on notice: the legacy automakers have officially entered the EV sales fray. And domestic U.S. automakers have officially hit the ground…
Oil bulls are out in force as OPEC+ succeeds in draining global inventories while successful vaccine programs give hope that the end of the global pandemic may be in sight.
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States fell this week, bringing the total rig count to 456—still a more than…
Africa’s largest oil producers do not plan to abandon oil and gas exploration and production and could consider creating a continent-wide bank to fund new projects when international banks refuse…
Commodity traders are in a rush to ship as much Venezuelan heavy crude to China as possible before a new fuel tax kicks in, causing a 40-50-percent rise in prices,…
Oil prices were rising early on Friday and headed to a second consecutive week of gains after the U.S. signaled that there may not be an imminent announcement of an…
Big Oil has lately come under a plethora of attacks from all directions, ranging from uncooperative financiers and investors amidst a global shift…
Could black holes be the key to the future of our energy production? Some scientists think so. And the secret to harvesting their energy lies in gamma-ray bursts,…
It all began in California. In 2019, the city of Berkeley enacted the first city-wide ban on new natural gas hookups in residential…
Protests which erupted across Colombia in late April 2021 in response to proposed government tax hikes are now in their fifth week. There are indications that anti-government rallies…