Asian refiners are reducing their…
The International Energy Agency (IEA)…
Le Monde reports Belgium’s ports drowning…
Just ahead of the winter season, Europe’s natural gas crunch created a snowball effect in global energy markets. What started as very low gas inventories in Europe during…
As a corollary of its new target for oil production of seven million barrels per day (bpd) by 2025, Iraq has repeatedly stated that it is to stop…
The European energy crisis seems to be the only thing anyone is talking about these days. Analysts opine over why it happened and how likely it is to…
Global oil demand will plateau before the end of this decade and decline strongly after 2030, TotalEnergies said in its Energy Outlook 2021 unveiled on Monday. Previously, TotalEnergies…
For a decade, successive Argentine governments in Buenos Aires have enacted a range of policies aimed at reducing energy imports and exploiting the Latin American country’s…
Just yesterday we warned that a "Power Supply Shock Looms" as the energy crisis gripping Europe - and especially the UK - was set to hammer China, and just a…
In recent years we’ve seen several tech billionaires back environmentally friendly innovations in a bid to tackle climate change, but will these famous innovators really be the ones…
The oil industry is “massively underinvesting” in supply to meet growing demand, which is set to return to pre-COVID levels as soon as the end of 2021 or early 2022,…
Tightening oil markets with robust demand recovery and disruptions to supply from Hurricane Ida prompted Goldman Sachs to hike its end-2021 oil price forecast to $90 a barrel Brent…
Oil prices rose early on Monday, extending Friday’s gains, with Brent nearing $80 and WTI Crude exceeding $75 per barrel as global oil and energy markets continue to tighten. As…
With natural gas storage levels at a 10-year low just ahead of the winter heating season, Europe is facing hard choices from its limited range of options to…
U.S. shale producers have behaved in an exemplary way in the past year. It wasn’t something the industry wanted to do. It was something it was forced to…
Europe’s energy crunch is continuing, as gas storage volumes have shrunk to 10-year lows. A possible harsh winter could lead to severe energy shortages and possible shutdowns of…
After months of stalling because of Covid restrictions and OPEC cuts, as well as significant international criticism over misplaced funds, Nigeria appears to be optimistic about the future…
The oil markets appear to have successfully scaled a major wall of worry, with oil prices rebounding to multi-year highs. Brent crude settled near a three-year high at…
The headlines are scary: natural gas price in the UK quadruples in 2021, Russians accused of manipulating natural gas supply,…
Big oil could help tackle the water shortage in the western United States by repurposing existing infrastructure to help transport clean water to the areas most in need.…
An investigation by RFE/RL's Kazakh Service has uncovered indirect ties between the chairman of Kazakhstan's monopoly gas trader, KazTransGas, and emergent companies that have benefitted from massive business…
The number of oil and gas rigs in the United States rose by 9 again this week, according to Baker Hughes The total rig count is now 521, up 260…
Oil prices are heading for another weekly gain as supply disruptions led to tighter supply. The risk of traders taking profits, however, could push prices lower.