Tokyo University scientists have discovered…
Biden's administration finalized rules mandating…
Ultimately, energy independence is an illusion in the era of globalization because the hyper connectedness of the market makes it impossible. Still, it’s a never-ending battle cry that ends up…
The oil industry isn’t just struggling to maintain a modicum of positive reputation under the growing anti-fossil fuel pressure from multiple sides--it’s also struggling to render itself attractive to the…
Protests continue to swell over the Coastal Gaslink Pipeline, a long-distance pipeline carrying natural gas from Alberta to the Pacific Coast. The pipeline’s route would travel more than 400 miles…
After a Jekyll and Hyde year in 2019, and a decade characterised by China’s disruption of the met coal trade, participants can be forgiven for being sick of change. But…
On January 30, the Russian government approved a number of acts concerned with rendering new economic benefits and subsidies to businesses or investors willing to engage in projects in the…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are edging higher on Friday as investors continue to increase bets that OPEC and its allies will come through with…
1. Is the Permian getting gassier?- “We expect Permian gross gas production to increase by…
Market Movers - Rystad Energy this week predicted that because of the coronavirus, global oil demand would grow by only 820,000 bpd this year, down from its earlier forecast of…
It may sound crazy to say this given where oil futures are trading, but in some ways, this has been the most positive week or so for crude for some…
Turkey: The Spoiler Nation Turkey’s regional scheming and meddling everywhere from Cyprus and Syria to Libya is about one overriding thing: Israeli gas. If Israel, Greece and Cyprus make good…
It seems that oil markets have decided that the coronavirus worst-case scenario that sent prices below the $50 mark is increasingly unlikely, with WTI now moving back up towards $52.…
Baker Hughes reported that the number of oil and gas rigs in the US held fast yet again this week at 790, with the total oil and gas rig falling…
Oil prices were set early on Friday for their first weekly gain since early January as the market shook off the coronavirus panic and hoped for a Chinese stimulus in…
One of the last bulwarks of global crude demand, India has been in the thick of national NOCs’ attention – Saudi Arabia will from now on participate in India’s Strategic…
Exploration and production (E&P) companies are set to face one of the biggest challenges - if not the biggest challenge ever - to their business models. This challenge is a…
Nigeria’s oil production could drop by 35 percent in the next ten years as regulatory uncertainty and costs amid languishing oil prices may prompt oil majors to postpone final investment…
The coronavirus outbreak in China will curb global oil demand growth by at least a quarter this year, and the production cuts of 600,000 barrels per day…
The American Petroleum Institute warned the Trump administration that the U.S. oil industry would be hard pressed to produce all the oil China has committed to buy under the Phase…
Sources from Kuwait and Saudi Arabia last week let it be known that trial production of 10,000 barrels per day (bpd) would start at the Khafji field in the ‘Partitioned…
As the 2019-nCoV coronavirus continues to wreak havoc on the oil markets, dropping oil prices more vehemently and abruptly than the 2003 SARS outbreak did, the current plight of Libya…