The UK and UAE are…
The rapid growth of renewable…
COVID Oil Market Update Saudi Arabia shocked the markets this week when it said it would not keep up the voluntary portion of the cuts--the extra cuts beyond the official…
During all the chaos of the response to coronavirus, there has been one area of logic and sanity. Surprisingly enough, given its deserved reputation for massive volatility, the market in…
Last week, the Turks were still celebrating a presumed victory in Libya after General Haftar lost territory in and around Tripoli and the National Oil Company (NOC) went…
The world’s top oil exporter, Saudi Arabia, is set to grow its share on the global oil market to 15 percent by 2025 from 11.6 percent now, for the highest…
Many U.S. shale firms have cruised through the past couple of years by borrowing money and drilling new wells, making the United States the world's top crude oil…
Five days ago, Russia suffered its worst oil spill in modern history after a fuel storage tank owned by Russian nickel and palladium mining company,…
Following the publication of the upstream industry’s first quarter results, a Rystad Energy analysis reveals a gloomier investment-budget picture than previously thought. Global spending is now forecasted to reach $383…
Chinese authorities have granted Tesla their approval to begin mass production of Model 3 with a new type of battery, lithium ion phosphate (LFP), Reuters reports, citing a statement…
Since firebrand cleric Moqtada al-Sadr became the effective leader of Iraq after the victory of his ‘Sairoon’ (‘Marching Forward’) power bloc in the May 2018 general elections, the practical application…
Bullish sentiment appears to have returned to the stock markets with a vengeance. In a historic rally that has taken even die-hard bulls by surprise, the S&P 500
The energy infrastructure company that transports a fourth of the crude oil produced in North America is looking to increase investments in renewable energy projects as it prepares…
A radical decarbonization of the U.S. power grid is no longer a clean energy utopia dreamed up by overreaching environmentalists: Now, it could actually help lower customer bills…
The world is transitioning to a low-carbon future. This transition is being aided by policies aimed at curbing greenhouse gas emissions, as well as rapidly declining costs for…
The coronavirus pandemic and the resulting oil price crash are set to wipe out as much as US$1.8 trillion from the revenues of oil and gas exploration and production companies…
Global natural gas markets are facing the largest demand shock in recorded history. According to the International Energy Agency’s (IEA) new Gas 2020 report, consumption of natural gas is expected…
Crude oil prices accelerated their fall today after the Energy Information Administration reported a rise in U.S. crude oil inventories of 5.7 million barrels for the week to June 5…
Unless oil prices move back up to the levels before the COVID-19 pandemic, the U.S. shale industry could collapse, the Institute for Economics & Peace, an Australian think-tank, warned in…
American shale peaked in February of this year, and is on glide path lower as the drilling decline takes its toll on legacy…
They are both named after inventor Nikola Tesla. They are both aiming to upend the market of predominantly gasoline and diesel-powered cars and trucks with their zero-emission technologies. …
The extension of the OPEC+ production cut agreement did little to move oil prices as it had already been baked into oil prices