The Financial Times, citing unnamed…
Four projects were planned offshore…
The Permian has led U.S. shale production growth in recent months and will continue to do so in the coming months, but the oil price rally so far…
Crude oil prices went up today after the Energy Information Administration reported a crude oil inventory draw of 4.8 million barrels for the week to February 4. A day…
Crude oil production in the United States could reach 12.6 million barrels daily next year, which would be a record high on an annual-average basis, the Energy Information Administration said…
The former British colony of Guyana, one of South America’s poorest nations, is undergoing a major economic transformation driven by a massive oil…
Oil prices fell by 2% early on Tuesday as talks for bringing Iran and the United States back to the so-called Iranian nuclear deal entered a crucial final stage in…
Crude oil inventories at Cushing, Oklahoma—the designated delivery point for WTI Crude oil futures contracts—have been falling for the past four weeks, reaching what could be uncomfortably low levels and…
With the global energy transition in full swing, few clean energy sectors, if any, are expanding faster than the electric car market. A decade ago, a grand total…
WTI Crude, the U.S. oil benchmark, jumped to over $92 per barrel early on Friday—its highest level since 2014, amid the Russia-Ukraine crisis and a deep freeze in Texas that…
OPEC’s second-largest producer, Iraq, is one of the OPEC+ members struggling to boost its oil production as much as its quota in the pact allows, with January output 120,000 barrels…
Operations at the oil terminals of some of northwest Europe's biggest ports have been disrupted by a large-scale cyberattack, brokers and authorities told AFP on Thursday. Antwerp in…
The European gas crunch began when it emerged that the continent's gas inventories were running unseasonably low in the autumn. The whole world saw what this started.
The energy sector's bull run shows no signs of slowing down, with the sector closing comfortably at the top of Tuesday's S&P sector standings, even as
Earlier this month, the Energy Information Administration reported that oil output in the Permian shale play had hit a record, and it was going to continue growing. And now,…
Oil prices climbed higher today after the Energy Information Administration reported a crude oil inventory decline of 1 million barrels for the week to January 28. In fuels, the…
In the shortest meeting so far in its history, OPEC+ decided on Wednesday to increase the collective production by 400,000 barrels per day (bpd) in March, keeping unchanged the…
OPEC+ may decide on Wednesday to announce a larger production increase for March than the usual 400,000 barrels per day, considering the oil price rally to $90 and the potential…
Frontera Energy struck oil in the Corentyne Block offshore Guyana, the company said this week. "Initial results from the Kawa-1 well are positive and reinforce CGX and Frontera's belief…
The International Energy Agency’s Net Zero by 2050 roadmap, issued last year, has become something of a textbook example of bad timing. Just four months later, the agency…
A federal judge threw out the biggest oil and gas lease sale in the Gulf of Mexico on the grounds that the Bureau of Ocean Energy Management broke the environmental…
The energy sector has continued to defy the broad market selloff in the new year, with seven of Tuesday's top eight gainers on the S&P 500…