China, facing US threats of…
TotalEnergies CEO Pouyanne has predicted…
The energy sector has recovered this year, driven by the reopening of economies and the subsequent rebound in oil demand. Despite the pullback in oil prices and energy…
Back in October, we reported that Canada's oil stocks were trading at bargain prices, and could provide some measure of downside protection if…
While the IEA believes Omicron will dent global oil demand, OPEC remains confident that demand will continue to bounce back strongly from its pandemic lows.
With announcement after announcement of grand hydrogen plans across the Middle East over the last year, it seems some of the world’s major energy-producing states are battling it…
After a respectable rally last week, oil prices are set to come under pressure as some European countries begin to tighten coronavirus restrictions amid the spread of the latest variant.…
The surge in COVID cases is set to temporarily slow the recovery in global oil demand, but the impact of the Omicron variant will likely be more muted than previous…
After a brief hiatus driven by fears of a "Great Unwinding," venture capital is back with a bang, characterized by huge deals, little diligence, and hyper-fast follow-on rounds.…
Earlier this month, Citi’s chief executive Jane Fraser said the bank might have to drop some clients if they don’t fit in with its climate targets. The message,…
Russia last week announced a major new energy cooperation deal with India that threatens the very core of the U.S.’s fightback strategy against Beijing’s and Moscow’s expansionism in the Middle…
When I started my career as a third-party reservoir engineer twenty-six years ago, plugging costs seemed optional to this neophyte. Salvage value probably covered abandonment costs, so they…
The impact of the Omicron COVID variant on global oil demand will be mild and short-lived, OPEC said on Monday, leaving its 2021 and 2022 demand growth forecasts unchanged. In…
Egypt’s long-suffering LNG industry is finally experiencing some success as it takes advantage of European gas market constraints and exploits regional geopolitical developments. Cairo’s dream of becoming a…
OPEC raised its crude oil production by 285,000 barrels per day (bpd) to 27.72 million bpd in November as it continues to ease the cuts per the OPEC+ deal, but…
Saudi Arabia expects to book its first budget surplus in close to ten years in the next financial year, coming in at 2.5 percent of gross domestic product or…
The U.S. shale industry first went on a consolidation spree back in 2015 when prices tanked after Saudi Arabia turned the taps on full in response to growing…
After a tumultuous period that threatened to prematurely end one of the energy market's most impressive bull runs in recent history, confidence has returned to the oil markets.…
The number of active drilling rigs in the United States this week rose by 7, according to Baker Hughes. The total rig count rose to 576—a figure that is 238…
Fears of another coronavirus outbreak, lockdowns, and the emergence of the Omicron variant in South Africa has caused the price of crude oil to plunge. Since then, prices…
Oil markets are beginning to show signs of recovery following news that the demand impact of Omicron may not be as significant as originally thought.
It seems like "activist" environmentalists investors in Exxon simply aren't ever going to be happy. A group of these investors is now…