Charles is a writer for Oilprice.com
Beleaguered Texas-based Freeport LNG saw a second tanker leave for export on Wednesday, less than a week after the first, as the liquified natural gas…
Exports from the expansion of Canada’s TransMountain pipeline expansion project that launched on Wednesday may come in at only half of what the federal government…
Shell exited the Chinese power generation and trading markets effective end-2023, as it scales back its power business globally to focus on more profitable operations,…
U.S. crude oil prices continued to plummet on Wednesday, falling over 3% and Brent crude right behind it, shedding over 2.8% on a surprise U.S. inventory build…
One of Canada’s biggest oil and gas companies, Cenovus Energy (NYSE: CVE), booked higher-than-expected earnings for the first quarter of 2024 amid strong oil and…
Exports of liquefied natural gas (LNG) from the United States fell in April for a fourth month in a row, as the Freeport export facility…
Just as Russia had started to bring back some refinery capacity damaged by Ukrainian drone attacks earlier this year, a new wave of drone attacks…
The U.S. Senate unanimously voted in favor of a bill that would ban the imports of Russian uranium as the latest attempt to squeeze Russia’s…
Production at the Khor Mor field in Kurdistan is set to resume less than a week after a drone attack suspended operations at the site,…
Tepid demand for diesel and other distillate products such as heating oil has had traders competing for storage tanks on the U.S. East Coast to…
The G7 group of the world’s most industrialized nations is set to announce later on Tuesday a pledge to phase out coal-fired power generation by…
Brazil’s Petrobras recorded a 4.4% increase in its crude oil production over the first quarter of the year, with the average daily rate at 2.24…
So far this year, the global upstream oil and gas market has seen more than $64 billion in mergers and acquisitions, and the year could…
UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less viable to police the…
As India is set to become the world’s largest oil demand growth driver in the coming years, Indian state-owned refiner Chennai Petroleum Corporation Limited (CPCL)…
PetroChina reported on Monday its highest net profit for a first quarter as its revenues rose by 11% thanks to steady oil prices and higher domestic natural…
Saudi Aramco is currently eyeing potential investments in new energies outside Saudi Arabia, the state oil giant’s chief executive officer Amin Nasser said on Monday. Aramco’s top…
Saudi Arabia has warned the war between Israel and Hamas could have repercussions for the whole region and the world unless brought to a quicker…
Oil and gas discoveries last year fell to a record low of 5 billion barrels of oil equivalent while exploration costs rose close to twofold.…
ExxonMobil continues to expect that the U.S. antitrust authority will give the green light to its proposed $60-billion all-stock acquisition of Pioneer Natural Resources by…