The Biden Administration is preparing…
Despite a $7.5 billion investment…
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…
New Mexico, the Land of Enchantment, was concerned when Biden’s pause on oil and gas drilling leases took hold, but six months into the new administration the state’s…
China is set to release another 10 million tons of coal from its reserves to prevent shortages amid soaring coal prices and tight supplies in the fifth such release this…
As expected, OPEC leaders Saudi Arabia and UAE have reached a so-called solution to the current export quota conflict. For two weeks, the global oil market…
A commonly heard refrain amongst investment circles is that emerging markets, or EMs, are no longer what they used to be over the past two decades. Coming out…
Someone in the White House seems to have stumbled upon an atlas, seen where Oman is located, and worked out how crucial it is in the Middle East’s…
China, the world's largest polluter, is set to launch its nationwide emissions-trading system on Friday, sources with knowledge of the plans told The Wall Street Journal on Wednesday. China's…
Cuba has seen in recent days the biggest protests in decades as thousands of people took to the streets in the Communist-run country…
Saudi Arabia and the United Arab Emirates (UAE) have resolved their nearly two-week-long standoff over baseline production levels that was blocking a unanimous OPEC+ deal on oil supply, a delegate…
Growing uncertainty over the OPEC+ agreement and warnings from the IEA of another oil price war has caused volatility in oil markets to spike.
An area of thawing permafrost is threatening a stretch of a major Alaskan pipeline as the structure experiences damages from the changing weather.An 810-foot…
As the spread of the novel coronavirus disrupted industries around the world, the rate of global greenhouse gas emissions took a big dip. BP’s annual
China’s crude oil imports fell to some 9.77 million barrels daily last month, down 2 percent on May and the lowest monthly level since the start of the year, Reuters…
OPEC+ could take until August to decide whether to adjust production baselines, Arab News reported, citing JP Morgan analyst Christian Malek. According to Malek, the oil cartel could take…
The oil market has been on edge for a week now, entertaining the possibility of a new price war within the OPEC+ alliance, the International Energy Agency (IEA) said on…
The transformation of Saudi Arabia’s flagship asset, Aramco, from perpetual cash-generation machine into a debt-laden giant is set to pick up pace in the coming weeks with a…