Citigroup Says 42% of Clients Have No Energy Transition Plan
Oil price forecasts are becoming…
This week, the Environmental Protection…
Russia and China have sealed…
The U.S. Pipeline and Hazardous Materials Safety Administration has lifted a pressure restriction on the Keystone pipeline introduced in November after a leak, a spokesman for the authority told…
Venezuela’s crude oil production is set to fall further in the coming months, up to another 200,000 barrels per day, according to a source inside Venezuela’s oil industry, according to…
Supermajor BP is studying some of the onshore U.S. shale assets put up for sale by BHP Billiton, as the UK giant looks to more shale exposure, Bloomberg reported…
Libya’s National Oil Corporation (NOC) has been withholding the share of crude oil that is due Total over to an ongoing dispute over the French company’s recent acquisition of a…
Saudi Arabia’s private non-oil sector grew at its slowest pace in at least nine years, as it continues to feel the pinch of the government’s austerity measures in response to…
Alberta will discuss shipping more crude oil by rail across province borders with railways companies, Energy Minister Margaret McCuaig-Boyd told media in Calgary. The talks will begin tomorrow, with…
Despite the fact that ExxonMobil has been forced to withdraw from some joint projects with Russian oil giant Rosneft due to the sanctions on Russia, the U.S. supermajor is proceeding…
Tesla booked higher than expected revenues and lower than expected operating losses for the first quarter of the year, leaving analysts confused again as to the future of the company.…
Russia’s oil production held onto an 11-month high in April, flat compared to March and above its quota under the OPEC/non-OPEC deal for a second consecutive month, according to…
The International Monetary Fund threatened to bar Venezuela from voting on IMF policies after the Latin American country failed to provide IMF with the economic data it has requested, the…
The current tailwind in the oil market is likely to propel 100 new offshore projects to be sanctioned in 2018, according to Rystad Energy. This compares to only 60 projects…
A truck start-up founded in 2014 has filed a lawsuit against Tesla, seeking $2 billion in damages for what it claims to be copyright infringements. At issue is Tesla’s all-electric…
OPEC focuses on oil market stability and managing the global oil overhang, and is not discussing where the price of oil should be, Kuwait’s Oil Minister Bakhit al-Rashidi said…
The Saudi stock exchange, Tadawul, will make sure that the weighting of the oil giant Aramco in the bourse’s main index will not be too big, the Saudi stock…
Saudi Arabia needs oil to trade at US$85 a barrel to fill its budget gap, IMF’s head for the Middle East and Asia said today. “The improvement in the overall…
New shale oil well productivity drove U.S. production higher in the last few years, with the average daily rate for the first month of operation rising from less than 100…
With oil prices already down on the day, the American Petroleum Institute (API) reported a large build of 3.427 million barrels of United States crude oil inventories for the week…
The United States has moved ahead in EY’s Renewable Energy Country Attractiveness Index and is now second only to China, the UK consultancy said in the latest edition of…
The bitter dispute between Alberta and British Columbia over the Trans Mountain oil pipeline expansion project is heating up ahead of the May 31 deadline given by Kinder Morgan for…
Drivers in British Columbia’s largest city, Vancouver, pay the highest prices for gas at the pump in North America, data from GasBuddy has revealed. The average price per gallon of…