Oil prices surged early on…
Billionaires' ventures into space travel…
China's crude oil reserves have reached a level equal to 100 days of imports, Bloomberg has reported, citing unnamed sources in the know, which is near the country's storage…
Reeling from the effects of the pandemic, the oil industry is in no mood to fool around. When newly inaugurated President Joe Biden canceled the Keystone XL pipeline project, refiners…
About a month ago, BlackRock Inc.(NYSE:BLK), the world's largest asset manager with $9 trillion in assets under management (AUM), sent shockwaves through the fossil fuel sector after it vowed to double…
As extreme weather conditions wreak havoc on America’s largest energy producing states, can they continue to provide for their citizens? The combination of climate change and aging infrastructure…
Exxon slashed its oil reserves by almost a third in what is the most radical reserve revision in the company’s modern history. The supermajor reported reserves totaling 15.3 billion…
We have just witnessed the damage caused by poorly designed energy grids—rolling blackouts, skyrocketing electricity prices, people sleeping in their cars and in one insulated room to keep warm. At…
The COVID-19 crisis has accelerated the timeline of peak oil demand while government policies to build back better and greener are speeding up the energy transition, major oil companies and…
After a meteoric rise of more than 700% in 2020, Tesla’s stock value has taken a dive and the company has suddenly entered a bear market. Indeed, just…
First output is now being produced by Russia’s number two gas producer (after state-owned Gazprom) – Novatek - from its much-awaited fourth train at the Yamal LNG project, according to…
After slipping late on Tuesday after a surprise U.S. inventory build reported by the API, oil prices rose on Wednesday morning, supported by the slow restart of the U.S.…
Oil prices rose on Wednesday morning, despite a somewhat surprising EIA inventory report, which reflected a build in crude stocks and virtually unchanged gasoline inventories Crude oil prices rose today…
The restart of Shell’s Deer Park refinery in Texas could take until April, Reuters has reported, citing unnamed sources familiar with the issue. A spokesman for the company told Reuters…
China is caught up in a very delicate balance. Beijing is being forced to walk a very fine line to keep up with growing energy demand while also…
Two years ago, a team of Finnish scientists estimated that the world needs to get 69 percent of its…
“Come and invest into India’s energy sector”. Indian Prime Minister Narendra Modi’s words, pronounced at the inauguration of a new gas pipeline on February 17th
As the world transitions away from fossil fuels and weans itself off emissions-heavy energy sources, one country is running against the current and right back into the arms…
Brent Crude prices could hit $70 a barrel in the second quarter of 2021, while they are set to average $60 this year, Bank of America said this week,…
Investor Alert! Oilfield service giants are looking like an increasingly good investment as oil prices rebound. Read our latest Global Energy Alert investment column to get the…
Canada has a sizeable opportunity to become one of the world’s leaders in the…
French supermajor Total looks to become a large producer of clean hydrogen one day, chairman and chief executive Patrick Pouyanné said on Tuesday during the virtual IP Week conference…