Crude oil prices moved lower…
Shell's CEO has expressed dissatisfaction…
Regional banks BOK Financial, Citizens…
The stakes are rising with each passing day for energy storage. The world needs it, and it needs it cheaply and urgently, given all the plans in Europe,…
While the oil and gas industries experienced a difficult year in 2020, with decreased demand and a severe drop in prices, energy suppliers have continued to provide vital…
OPEC+ group’s compliance with the oil production cuts fell to 75 percent in December 2020—one of the lowest levels since the pact was enacted in May 2020, tanker tracking firm…
WTI is back above $50 a barrel, and things are looking up for the battered U.S. oil industry. Yet, although the worst may be behind drillers, they still face a…
Over the past six months, excess U.S. crude oil and product inventories have declined from their surplus at the start of the summer of 2020. Petroleum inventories have…
The Age of Renewable Energy is upon us, with the global shift to renewable energy in full swing, but like any huge rally, the divide between the bulls…
They are among the biggest—and most generous—backers of the renewable energy shift. They are advertising themselves as environmentally responsible companies that source their raw materials from ethical locations…
As a global community, we’re known for a long time now that it’s imperative for the worldwide economy to decarbonize rapidly and in earnest if we have any…
Iran’s oil revenues have halved since the U.S. imposed sanctions on the Islamic Republic in 2018, Turkish news agency Anadolu reported, citing an Instagram post of the governor of…
The year 2020 is already unforgettable in many ways. The Covid-19 pandemic brought the world to a standstill. With the economy on hold, energy consumption has plummeted including…
Shell has restarted production of liquefied natural gas at its Prelude offshore project in Australia after almost a year's suspension. "LNG cargoes have resumed from Shell's Prelude FLNG facility," Argus…
The oil price rally fizzled out early on Monday as the U.S. dollar strengthened and as China further restricted movement amid doubled new COVID cases, prompting renewed concerns about oil…
India's crude oil demand last year fell for the first time in more than 20 years because of the Covid-19 pandemic, Bloomberg has reported, noting that Asia's second-biggest oil…
The U.S. removed the ban on American crude oil exports to countries other than Canada in 2015, unleashing a new force on the global oil market to be…
Much has been made of President-elect Joe Biden’s energy policies and the negative impact they will have on the U.S. oil industry, which is laboring to survive a…
As the outlook for oil is uncertain for 2021, following a turbulent 2020, companies look toward new technologies and innovation to drive the industry forward. From…
Tesla (NASDAQ:TSLA) is shaking up the competition once again with the release of its new ModelY in China for a lower-than-expected price that’s…
Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the threat of peak…
For decades, Berkshire Hathaway (NYSE:BRK.B) chairman and CEO Warren Buffett maintained a pretty conservative approach to investing, only buying shares of businesses he was well acquainted…
After the Second World War crude oil and control of its production became an important driver of global geopolitics. Crude oil became an…