China is looking to hold…
Canada's oil and gas industry…
Despite extensive U.S. sanctions, Iran's…
Crude oil prices recovered on Wednesday morning despite word from the Energy Information Administration of an inventory draw of 3.6 million barrels for the week to December 24. At 420…
An ambition to provide the global oil market with clear guidance on future production plans and discipline in sticking to already agreed policies is the reason OPEC+ did not respond…
Long-suffering Americans grappling with runaway inflation are finally enjoying some reprieve. After a relentless climb, prices at the pump have been heading south, with national average gas prices…
In August, President Biden signed an executive order that set a target to make 50 percent of all new vehicles sold in the United States in 2030 zero-emission…
Just hours after Wedbush's Dan Ives raised his price target on Tesla to $1,400, we found out that Elon Musk has offloaded yet…
The oil markets are poised to end 2021 on a relatively high note, as concerns of Omicron impacting global demand in the same way that Delta did turned out to…
Oil demand suffered a severe blow last year when the initially ignored coronavirus in China spread around the world and started prompting lockdowns. Then the wave receded, and…
U.S. gas prices could rise to almost $3.80 per gallon before peaking, according to new data from GasBuddy reported exclusively by CNN. According to the forecast data, the national…
A flotilla of U.S. liquefied natural gas carriers heading for Europe has brought relief to European gas buyers, pushing gas prices considerably lower. According to Bloomberg data, cited by…
As great as Iran’s oil reserves are, its gas reserves are even greater, with official estimated proven natural gas reserves of 33.78 trillion cubic metres (Tcm), second only…
U.S. crude oil prices hit a high of $86.40 per barrel in October this year. The trends that led to this peak also…
The global upstream sector is set for a rebound next year, when overall investment in exploration and production is expected to exceed $400 billion for the first time…
By their own standards, electric vehicle stocks have had a rather quiet year in 2021 after enjoying a bumper season in 2020. With just four trading sessions left…
The energy revolution, accelerated by the pandemic, is changing the DNA of the oil and gas industry at its core. In a recent interview Glynn Williams,…
Saudi exports surged in October on the back of higher oil prices, which hit a 2021 peak during that month. Saudi Arabia exported goods and commodities worth a total $28…
Shippers of containerized goods were caught off guard this year. Never before had container spot rates risen so far, so fast. But shippers of liquid and dry…
The rapid spread of the Omicron variant has been spooking the oil community at large and despite OPEC shrugging off any major demand disruption in its short-term forecasts, it…
Despite the groundbreaking 2016 peace deal between the Colombian government and the largest guerilla group the Revolutionary Armed Forces of Colombia (FARC – Spanish initials) there are fears…
The Covid-19 pandemic has marked the end of an era for Southeast Asia’s combined oil and gas production, pushing the region’s output in 2021 to below 5 million…
With Brazilian oil demand set to continue, Petrobras is making big plans for oil and gas as well as testing the water with greener fuels, although it is…