Standard Chartered has predicted global…
The debate over whether to…
Oil is on track to be the largest export item for the United States this year for the first time in history, highlighting the growing influence of U.S. oil production…
When the Ugandan and Tanzanian governments announced the East African Crude Oil Pipeline project, it elicited very different reactions. Some cheered the news that would add Uganda to the world's…
Africa is taking centre stage when it comes to the future of energy, with significant interest in the continent’s largely untapped oil and gas resources, as well as significant potential…
Azerbaijan's state oil company SOCAR has concluded a wide-ranging agreement with Russia's Lukoil under which the Russian oil company will lend SOCAR $1.5…
There have been calls on U.S. President Joe Biden to clamp down on lucrative oil and gas exports from Iran - widely believed to have played key role…
The Trans Mountain Expansion Project promised in the 2010s to help Canada’s oil sands producers get their crude to the Asian markets from the Pacific Coast. After years of delays…
Iran has become the focus of international attention in the wake of Hamas attacks on Israel that prompted large-scale retaliation as the make-or-break actor in what increasingly looks like a…
As other Middle Eastern states look to diversify their energy mix, Kuwait appears to be going full throttle on its oil and gas ambitions. The Kuwaiti government has announced aims…
One of my 2023 energy sector predictions was that U.S. oil production would set a new all-time high this year. After record-setting production…
Crude oil prices saw a small dip on Thursday morning after the Energy Information Administration reported an inventory build of 10.2 million barrels for the week to October…
Back in August, we reported that Iran oil exports had hit record highs thanks in large part to the Biden administration opting to look the other way as Tehran…
Back in April, the Wall Street Journal reported Exxon was interested in acquiring Pioneer Natural Resources. The company is the biggest independent producer in the Permian and…
Back in April, Exxon Mobil’s (NYSE:XOM) CEO Darren Woods touted to investors the company's newly created ‘Low Carbon’ business which he claimed has the potential to outperform its legacy oil and…
The war between Hamas and Israel that erupted last weekend has caused confusion in the commodity investment sector, with funds rushing to divest stocks sensitive to turmoil in the Middle…
Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC. General secretary Haitham al-Ghais took aim at…
Investment bank Goldman Sachs says there will be no immediate major effect on near-term oil market inventories related to the terrorist attacks on Israel on Friday. Goldman Sachs has, however,…
War premium returned to the oil market on Monday after the weekend attack by Hamas on Israel, which upended—again—the geopolitical landscape in the world’s most important oil-exporting region, the Middle…
Last week, OPEC+ decided to keep current oil production cuts in effect until the end of the year. The announcement was anything but surprising, and yet crude oil prices fell…
Tensions over a long-running border dispute between Venezuela and Guyana are flaring once again. The decades-long squabble originates from Venezuela’s claim over the Essequibo, a sparely populated but resource-rich predominantly…
President Biden has once again reduced oil and gas leasing after focusing on ramping up production from exciting oilfields in the last couple of years. In September, the Biden administration’s…