Iceland is a leader in…
The Biden administration has canceled…
China is looking to hold…
Russia is currently pumping 9.9 million barrels per day (bpd) of crude oil, but has the capacity to increase production to up to 11.4 million bpd, Russian Deputy Prime Minister…
Crude oil prices ticked lower today after the Energy Information Administration reported a crude oil inventory build of 6.1 million barrels for the week to October 8. At 427…
President Biden has discussed the latest trends in retail fuel prices with representatives of the U.S. oil industry, Politico has reported, citing unnamed sources in the know. U.S. gasoline…
Delta Air Lines Inc. delivered a profit in the third quarter but warned soaring jet fuel prices might result in an unprofitable fourth quarter. Since August, spot prices for New York…
The largest Middle Eastern oil exporters are fighting for market share on the most prized oil market, Asia, although Asian crude imports have been relatively low over the…
Last week, Saudi Aramco’s chief executive officer, Amin Nasser, said that the company expects to boost its oil production capacity to 13 million barrels per day (bpd) by…
Nearly two years ago, OPEC+ made a high-stakes wager that it could curb oil production and drive crude prices higher without unleashing an onslaught of supply from U.S.…
Less than two years ago, the United States was the world’s largest producer of crude oil. It was the new major swing producer that moved prices up or…
For over a decade academics and analysts have warned that Venezuela, which could soon be Latin America’s next failed state, is evolving into a regional hub for transnational…
Vladimir Putin has dismissed claims that Russia is weaponizing its supplies of natural gas to speed up Germany’s approval of the completed Nord Stream 2 pipeline and to…
Mergers and acquisitions in the oil and gas space in the U.S. declined in the third quarter after hitting a two-year high in the second quarter, according to data analytics…
It is “quite possible” that the WTI Crude oil prices reach $100 per barrel in light of growing global demand for energy commodities, Russian President Vladimir Putin said on a…
Investments in low-carbon energy need to triple if the world is to meet its Paris Agreement targets, the head of the International Energy Agency told the Financial Times. “There is…
OPEC expects this year’s global oil demand to grow by 5.8 million barrels per day (bpd) from the low 2020 levels, down from last month’s estimate of 5.96-million-bpd annual growth.…
U.S. natural gas prices hit a 13-year high last week as the energy crunch in Europe and Asia pushed the prices in these two regions to the highest…
Beaten down solar and hydrogen sectors have been on the mend over the past few days as investors bet that the ongoing global supply crunch, including oil and…
Lebanon’s fuel crisis has worsened over the last week as the country experienced a 24-hour blackout over the weekend, following years of instability in the energy sector.
U.S. shale drillers appear to be worried about losing market share in Europe to Russia, Bloomberg reported last week, citing data from a Kansas Fed survey. But this…
Later this month about 25,000 people are headed to Glasgow for the 26th annual United Nations Framework Convention on Climate Change (UNFCCC), known as COP26.…
Tidal energy seems unable to break out of its infancy and into the market. The zero-carbon, renewable form of energy production has major potential for contributing a significant…