Suriname's oil boom hopes are…
Oil prices are set to…
The US Senate has approved…
Crude oil prices recovered on Wednesday morning despite word from the Energy Information Administration of an inventory draw of 4.7 million barrels for the week to December 17. At 423.6…
Slashed drilling activity and low oil prices led to the largest decline in annual average crude oil production in the United States in 2020, when output slumped by 8 percent…
The electric vehicle boom is in full swing…And though company valuations have already skyrocketed in the past couple of years…
Colombia, Latin America’s third-largest oil producer after Brazil and Mexico, is in danger of losing its energy self-sufficiency and a significant part of its gross domestic product (GDP)…
Following the rebound in oil and gas demand in 2021, the market is headed to 2022 with renewed uncertainties about prices, demand, and the industry’s longer-term prospects as…
In the previous article, I discussed some of the issues involving water and hydraulic fracturing (fracking). In a nutshell, although fracking has proven…
While climbing Omicron cases have sparked fear of demand destruction, supply issues in Libya and falling U.S. oil inventories pushed prices higher.
A key corporate proxy at the forefront of the Washington’s attempts to counteract the increasing influence of China and Russia across the Middle East is the Abu Dhabi…
The rallying cry around global climate initiatives grew increasingly boisterous leading up to COP26 this year. The media posited what bold, new goals would be set. Others questioned…
Europe's energy crisis got even worse on Tuesday as a shortage of natural gas, nuclear outages, declining wind power output, and cold weather boosted prices. The gas price at the…
Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any…
European gas prices jumped to an all-time high on Tuesday after natural gas on a key pipeline from Russia to Germany reversed flow eastward and freezing temperatures took hold in…
With the year drawing to a close, it's time for investors to recalibrate their portfolios. The current year has been an annus mirabilis for…
Weather forecasts are among the biggest factors driving natural gas prices, especially during the winter when heating demand is at its peak. At the same time, weather forecasts…
Earlier this month, Energy Secretary Jennifer Granholm told the U.S. oil industry that she wanted to work together on "future-facing solutions" and asked…
We think the US Supreme Court, with its 6-3 conservative majority, is considering one of the most sweeping changes to federal regulatory policy that we can imagine. The…
After years in the making, a new fully automated drilling rig recently made its debut in Permian Basin. While this has long been a pipedream, restrictions faced by…
Crude oil prices took a dive on Monday morning with WTI crashing 6% on the day as fresh Omicron fears spooked the market. At 11:32 a.m. EDT,
U.S. gasoline prices have fallen for the sixth week in a row, falling 2.9 cents from a week ago, according to a Gas Buddy report published Monday. A gallon of…
Libya is considering a reward-and-penalties system for oil companies in order to motivate them to meet production targets. Per a report by Bloomberg, the plan includes introducing new contracts…