The total number of active…
After a volatile week, oil…
California Governor Gavin Newsom just dealt a blow to the oil industry, placing a temporary moratorium on new fracking permits in the state until scientists complete an independent review…
Theoretically, there is no reason why Iraq cannot become one of the leading producers of petrochemicals in the world, given its tremendous reserves of oil and gas. Finally, with a…
Transportation needs to clean up its act. As we edge closer and closer to a greenhouse gas emissions tipping point toward catastrophic climate change, it becomes harder to deny that…
Iranian President Hassan Rouhani said on Wednesday that Iran and its people have defeated the conspiracies of its enemies and claimed victory in the nationwide protests in the country following…
Crude oil prices rose slightly after the Energy Information Administration reported a crude oil inventory build of 1.4 million barrels for the week to November 15. At 450.4 million…
How deep into the ground do we have to go to tap the resources we need to keep the lights on? How deep into the ground are we able to…
Geothermal energy is often billed as one of “the cleanest energy sources” --and with good reason. It’s carbon-free, renewable, and efficient. Even those stoic anti-hyperbolists over at the United States…
Driven by the U.S. shale boom in the Permian basin, personal income in Midland County, Texas, grew by the highest percentage—17.5 percent—of all metropolitan counties in the United States last…
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Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts. Brazil’s biggest-ever
Judging by the share price of shale oil and gas producers, you would think the industry is one from which to keep well away. Goldman Sachs, however, is recommending clients…
Some analysts see the world dodging a recession next year, which provides some upward room for oil prices. Last week, the IEA warned last week that “the hefty supply…
Both China and Iran think that sufficient time has passed from the furore in both countries that followed media reports of a slew of extremely favourable deals awarded by…
The Iranian-aligned Houthis in Yemen have seized a vessel that was towing a South Korean drilling rig that was in the Red Sea, the Saudi-led collation said on Monday, in…
Just as most of the public attention of the past weeks was turned to the US-China trade war and the possibility of an OPEC+ deal extension, the European nation of…
Anti-government protests in Iraq continued on Monday, with protesters blocking roads leading to five oil fields in the southern Iraqi province of Basra, which is home to the biggest oil…
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total $27.5 billion, according to Rystad Energy’s latest…
One of the world’s most influential hackers is offering up to US$100,000 in cryptocurrency to hackers who break into oil firms and banks to leak information of public interest.…
A Friday announcement by the government in Tehran that fuel prices will be hiked by as much as 50 percent and the commodity will be rationed sparked protests across the…
Aramco will sell the first tranche of shares in its long-awaited initial public offering at a price of 30-32 riyals, ($8-8.52), which would give the company a total value of…