China’s massive annual additions of…
Iran is facing diplomatic challenges…
The debate over whether to…
While it’s no secret that China has been intensifying its building frenzy, including military installations on islands, reefs and inlets in the heavily disputed South China Sea, it is also…
The great oil and gas formations that U.S. shale drillers thrive on have reportedly been traced back to volcanic eruptions from the time of the dinosaurs, over 100 million years…
One of the most influential figures in the LNG market has claimed that a return to long-term LNG contracts is crucial for the sector. It was a statement that most…
The Alberta parliament unanimously voted in favor of Premier Rachel Notley’s motion in support of the Trans Mountain oil pipeline expansion project, with politicians from different parties sharing the…
After plunging oil bulls into deeper gloom by forecasting a 131,000-bpd jump in shale oil production next month, the Energy Information Administration reported a 5-million-barrel increase in crude…
Ageing fields and high production costs dragged down China’s domestic crude oil production in January and February, on par with the lowest level on record according to Chinese government…
President Donald Trump sacked Secretary of State Rex Tillerson via Twitter on Tuesday, replacing him with current CIA Director Mike Pompeo. The move has some grim implications for the U.S.’…
Now that the downturn is over, oil majors are eager to show the market that they have adapted to generate more profits and return those profits to shareholders. Three major…
China is among the most import-dependent large oil consumers, but imports, it seems, are not its only problem when it comes to oil. Apparently, production from assets the Chinese state…
For the ministers and officials assembled, it was an embarrassment all around. Late last week, as we were at the annual Windsor Energy Consultation (WEC) just outside London, British Gas Plc confirmed that…
Oil hedges have become popular amongst U.S. shale drillers, who have used the financial trick to lock-in higher prices for their raw goods as barrel prices edge higher. The…
Uncertainty in oil markets has led to see-sawing oil prices, as analysts await upcoming U.S. inventory reports. (Click to enlarge)
While alternative fuel commercial trucks are gaining interest from fleet operators, diesel is still set to dominate medium- and heavy-duty vehicles for several years. That statement came from Kary Schaefer,…
Markets opened strong Tuesday morning on a less-threatening take on inflation, with some gains trimmed by news that Trump had sacked his secretary of state, Rex Tillerson, ahead of North…
Natural gas exporters want to link the prices for their product to oil benchmarks to keep revenues predictable and supply steady, the new head of the Gas Exporting Countries Forum,…
Tesla’s stock jumped by 5 percent on Monday on news that the assembly lines of the Model 3 were ratcheting up production, despite a several-day outage at the end of…
Soaring Permian oil production, increased pipeline takeaway capacity, and a port expansion to accommodate larger vessels position the Texas port of Corpus Christi to become the U.S. oil export hub…
So far this March, two nor’easters have pummeled New York and New England with high winds, storm surges and heavy, wet spring snow. As if on cue, large trees fell.…
New York-based investment and holding company Signal Capital Management said on Monday that it had launched a cryptocurrency backed by oil and gas reserves in what it says is…
Actor and former California governor Arnold Schwarzenegger has accused Big Oil of first-degree murder and plans to sue the supermajors, he said during a Politico podcast at the SWSW…