Carbon offset schemes used by…
The majors are investing more…
The U.S. oilfield services sector added more than 6,400 new jobs last month. in the latest sign that things are beginning to look…
U.S. West Texas Intermediate is trading lower on Friday. The catalysts behind the selling pressure are fears over skyrocketing COVID-19 cases and their negative effect on the global demand recovery.…
1. Oil rallies on vaccine hopes- The oil bulls returned this week on the extraordinary…
Politics, Geopolitics & Conflict The Armenian government has signed what it has referred to as a “painful” agreement with Russia and Azerbaijan to end the war over the disputed area…
For those of us that pay attention to the Baker Hughes Rig Count, as all energy investors should, it has been an interesting month or so. After one of the…
While much of the media attention has been on the recent Pfizer vaccine success, COVID cases are surging and new lockdowns are coming into effect, weighing further on oil prices
By most perspectives, Trump has been a hands-off president in the foreign policy arena, with the visible exception of antagonizing Iran and fostering a withdrawal from - and…
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 10 to 236—the eighth week of oil rig additions. The total number of…
The oil price collapse is depriving Saudi Arabia of US$27.5 billion in oil revenues this year, Saudi Crown Prince Mohammed bin Salman said on Friday, admitting that the current oil…
With the announcement last week that the president of Russian state oil proxy Lukoil, Vagit Alekperov, met one-to-one with Iraq’s Prime Minister, Mustafa al-Kadhimi, and its Oil Minister,…
Matador Resources, (NYSE: MTDR) is a small Permian oil driller that doesn’t get a lot of coverage, taking a back seat to some of the more widely covered…
Refinery conversion and closures: this is the shortest summary of things happening in the downstream industry right now. With the pandemic wreaking havoc on oil—and fuel—demand, refiners have…
Lockdowns, curfews, and fewer people eating out due to the coronavirus are dwindling the supplies of used cooking oil that is used in renewable fuels production, and refiners are now…
WTI Crude oil prices are expected to average $44.24 per barrel next year, the EIA said in its latest Short-Term Energy Outlook (STEO), with the forecast price not much…
The most popular battery technology, lithium-ion batteries, may have just received a big shot in the arm. Scientists have found in a new study that adding…
Russia is not ready to discuss changes to the ongoing OPEC+ oil production cuts before the Joint Ministerial Monitoring Committee (JMMC) next week, Russia’s top oil diplomat Alexander Novak told…
Imagine an electric car that’s lightweight and fast, and can go for hundreds of miles on a single charge. This car would not have a battery pack to…
“This has probably been the most challenging quarter in past decades,” Schlumberger’s chief executive Olivier Le Peuch said in the second-quarter results release…
The world’s largest independent oil trader, Vitol Group, is considering potential acquisitions in the U.S. shale patch, chief executive Russell Hardy said on the Reuters Commodity Trading Summit on…
Economic expansion strongly correlates with CO2 emissions as more energy is needed to power factories, transportation, and a higher standard of living. India is not an exception where growth has…