Citigroup Says 42% of Clients Have No Energy Transition Plan
Hopes of a Gaza ceasefire…
The Biden administration is dealing…
China is on track to…
Reliance Industries, owner of India’s biggest refinery, has started buying Canadian heavy crude to replace Venezuelan imports on fears that the U.S. could take sanction action against the company. According…
Anglo-Dutch Shell will slash its workforce by between 7,000 and 9,000 as part of cost-cutting efforts, with the cuts to take place until the end of 2022, the company said…
OPEC’s third-largest oil producer, the United Arab Emirates (UAE), is shooting for the moon—quite literally—as part of its space strategy to diversify its oil-dependent economy. The…
The Fed Vice Chair says that the Fed will not even think about hiking interest rates until the inflation reaches 2 percent. Meanwhile, the price of gold decreases…
The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 831,000 barrels for the week ending September 25 - but this draw was more than…
Solar power could be Europe’s biggest energy source in terms of installed capacity by 2025 if the European Union (EU) stays on track for its net-zero targets, the…
The world’s third-biggest oil importer, India, is considering using storage facilities in the United States and other commercially viable locations to reduce its supply risks, India’s Oil Minister Dharmendra Pradhan…
Four in five oil and gas workers offshore the UK, or 81.7 percent, would consider leaving the industry, a new poll of environment campaign groups showed on Tuesday, while…
Mexico’s state energy major Pemex has lost some 13 percent of its share of the local fuel market to private companies despite efforts by the government to strengthen the troubled…
The chief of the Environmental Protection Agency has questioned “the legality and practicality” of an executive order issued earlier this week by California Governor Gavin Newsom that will ban…
Iran has received gold from Venezuela for the fuel cargoes Tehran had sent to the Latin American country, a commander at Iran’s Islamic Revolutionary Guard Corps (IRGC) said…
The former CEO of the bank responsible for handling Libya’s oil wealth has been arrested for fraud, according to Libyan security and judicial officials cited…
We have written in previous posts about volatility this year in the logistics market adding to buyers’ delivery and import cost uncertainty. At other times, we have also written about…
Elon Musk said he “feels a bit bad” about hating on the oil and gas industry through the years, saying that many oil companies built their business of…
Nigeria will look to privatize its state oil firm Nigerian National Petroleum Corporation (NNPC) under a draft new petroleum law currently in Parliament for discussion, Reuters
Iran is forging oil export documents so it can pass its oil on the market as non-Iranian crude, thus skirting the U.S. sanctions on its oil industry and…
Crude oil production in Libya jumped nearly threefold from below 100,000 barrels per day last week to around 250,000 bpd now - a…
We may be coming out of the first pandemic lockdown and business does, broadly, appear to be picking up; however, but some sections of manufacturing, including U.K. car…
Devon Energy and WPX Energy are discussing a merger to weather the impact of the pandemic on the oil industry, unnamed sources in the know
Iran is estimated to have exported nearly 1.5 million barrels per day (bpd) of crude oil and condensate so far in September, TankerTrackers told Reuters