Experts predict the 4th Halving…
OPEC+ is likely to keep…
Citi has forecast that oil…
The federal government is about to finally force Chinese companies to de-list from American exchanges for refusing to adhere to American accounting standards. And for the last five months since…
Trade Association Energy UK – which represents over 100 members – has described record wholesale gas and power prices as a “market-wide crisis” and has criticized chancellor Rishi…
The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh…
Oil prices have risen back to the mid-$70s this week as a result of tighter U.S. crude inventories and a force majeure on Libyan crude oil exports.
A breakneck rally in European natural gas prices continued Tuesday, catapulting the benchmark to a new record high with premiums above Asia and…
South Korea will release 3.17 million barrels of its oil reserves in the first quarter of 2022 as part of the U.S.-led global effort by major oil-consuming nations to lower…
At least 30 tankers with liquefied natural gas from the United States are headed to Europe, where the gas and energy crisis has pushed regional LNG prices way above the…
Now that its Guriyeh-Jask oil pipeline has been finalised, Iran’s core focus in any sanctions environment remains the ongoing development of…
The European gas crisis has hogged energy headlines for months. But that hasn’t stopped Germany from retiring half of its nuclear capacity by the end of the year…
While oil markets are concerned about the immediate hit to demand from the Omicron COVID surge and a looming oversupply, officials at oil-producing countries and industry executives have…
A severe shortage of natural gas, declining wind power output, nuclear outages, and cold weather have conspired to hand Europe one of its worst energy crises on record.…
Nowadays, the travel industry never seems to catch a proper break. After enduring extended downtime last year and early this year due to global lockdowns associated with the…
Coal production is set to hit an all-time high according to the International Energy Agency (IEA) despite the curbing of production across several countries and aims for decarbonization…
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.