Russia is struggling to match…
Texas is breaking for electricity…
It seems that Saudi Arabia and the UAE could not have picked a worse time to resolve their differences, with the OPEC+ announcement coming just as Covid cases climbed and…
Oil prices have been reeling ever since Saudi Arabia and the United Arab Emirates (UAE) reached a compromise that resolved their nearly two-week-long standoff over production levels. Under…
The failure of the OPEC+ talks and the subsequent (albeit gradual) rapprochement of the sides coincided with Middle Eastern NOCs setting their August 2021 official selling prices. The…
When President Biden served the death blow to the Keystone XL pipeline this January, environmentalists rejoiced. Canadian oil exports to the United States, however, did not decline. What…
OPEC+ agreed on Sunday exactly how the group should proceed with its oil supply management in the coming months, putting an end to a two-week stalemate over baseline…
The Arab Spring, which was a series of pro-democracy anti-government uprisings over a decade ago that swept across several largely Islamic states, triggered…
OPEC could double its control over the oil market, to between 70% and 80%, according to Lukoil's Vice President. OPEC will win its increased share by default, Leonid Fedun, Vice…
Bitcoin mining continues to rely predominantly on electricity generated from fossil fuels despite the heightened attention to the climate toll of crypto mining. Kazakhstan, where fossil fuels make up nearly…
Oil prices have been reeling ever since OPEC+ talks collapsed due to major disagreements by its members. Major cracks appeared in the ministerial meeting with the United Arab…
Two years ago, Wall Street banks were on their way out of a long-term relationship with the oil industry. Now, with oil prices over $70 for the first…
The rocky times of 2020 are well behind the energy sector at this point. Last year there were many premature obituaries written for the energy sector, but it…
Fueled by copious sums of drug money, large cartels have taken control of large swathes of Mexico and for over a decade have been challenging the…
As oil prices continue to rise and global demand is bouncing back to pre-pandemic levels, people could be buying into electric vehicles (EV) as an alternative to expensive…
The cryptocurrency industry in China was further hit today as Anhui province said it would close all crypto mining operations due to energy consumption concerns. The…
Months-long protests against the construction of the $800 million Namakhvani hydropower plant in western Georgia beg a simple question: Why bother with big…
The number of oil and gas rigs in the United States is up 5 this week, according to Baker Hughes, with the total rig count at 484, up 231 from…
Uncertainty appears to have overtaken oil markets once again as a potential OPEC+ agreement gives hope to oil bulls while fears of weak gasoline demand in the U.S. adds downward…
OPEC pumped 26.03 million barrels per day (bpd) of oil in June—up by 590,000 bpd from May, the cartel said on Thursday as it predicts demand for its…
It is not a great time to be an oil pipeline developer or operator in North America these days. Policymakers are canceling projects and threatening to close operational…
Consolidation is a troubled industry's best friend—and last year's crisis in oil and gas brought about by the pandemic was no exception. Mergers and acquisitions started later than…