Oil prices have settled around…
While pundits discuss the necessity…
Low prices invariably stimulate stronger…
Last year, oil prices rallied all the way up to a four year high before plunging more than $30. There were many factors at play during that volatile period, most…
Crude oil demand this year will grow by 1.4 million bpd, BP has estimated, despite growing worry about where the global economy is headed, which would affect demand for the…
President Trump’s efforts to change California’s longstanding, but stringent low carbon fuel standards could get even tougher. A three-judge panel of the 9th U.S. Circuit Court of Appeals on Friday…
Russia’s involvement in the Syrian civil war dramatically changed the balance of power. Before the intervention, government forces were quickly losing ground to numerous rebel groups. Moscow’s…
Russia shouldn’t try to bring U.S. shale production down with an oil price war, because Moscow would also be hurt in such an event, according to Kirill Dmitriev, chief…
Oil prices were mostly flat on Wednesday morning, amid signs that U.S. shale growth is slowing down and that major Asian economies will be rolling out fiscal stimulus to boost…
Aramco is looking to invest in U.S. natural gas and is prepared to spend “billions” on acquisitions in the segment, the company’s chief executive Amin Nasser told Reuters on…
The shale tidal wave may finally be starting to ebb. The largest oilfield services company in the world says that shale drilling activity is slowing, creating an uncertain outlook for…
The consumption of natural resources and consequentially pollution has led to increased attention for the environment in most parts of the world. While it is safe to assume that benign…
Electric vehicles (EVs) today are not the end of global oil demand growth, nor are they the key solution to reducing carbon emissions, Fatih Birol, the Executive Director of the…
Amid increasingly urgent calls for more radical climate change action, a team of South Korean scientists has found a way to kill two birds with one stone by converting carbon…
Oil prices started Tuesday down on gloomy economic news, with mounting fears that economic growth will slow in 2019 (Click to enlarge)
Oil prices plunged by more than 3 percent on Tuesday morning as rekindled fears of global economic growth slowdown put an abrupt pause to the oil price rally in recent…
India’s crude oil demand this year will continue to rise at the same rate it rose by in 2018, which made it the second-biggest driver of global demand growth, energy…
Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments. Fundraising by unlisted funds for…
The rapid adoption of renewable energy will “redraw the geopolitical map of the 21st century,” according to a new report that surveys the geopolitical implications of the clean energy transition.…
Last year’s heightened volatility in energy markets—typically a welcome background for fund managers to make profitable trades—proved to be less than stellar news for energy-focused funds. Energy-exposed funds have been…
The oil production cuts that OPEC and its partners led by Russia agreed at the end of last year are proving slower to materialize than most observers expected, with Russia…
The International Monetary Fund (IMF) cut on Monday its forecast for Saudi Arabia’s economic growth this year to 1.8 percent, down by 0.6 percentage point from the previous economic…
Japanese technology giant Hitachi on Thursday Jan 17 announced it was suspending all further work at its Wylfa Newydd nuclear project in Anglesey, north Wales. This decision by Hitachi’s Board…