British multinational oil & gas…
The rapid growth of renewable…
A report by GlobalData reveals…
A new natural gas find in the Iranian section of the Caspian Sea could turn the country into a major supplier to Europe, the Tehran Times reported today, citing…
Europe will no longer need Russian gas in twenty-five years, German Chancellor Angela Merkel said at a meeting with Ukraine's president, Vladimir Zelenski. "Europe will need to achieve climatic neutrality…
Oil prices jumped 3% early on Monday, snapping the longest losing streak since 2019 of seven consecutive settlements in the red, as investor risk appetite increased and the U.S. dollar…
Big Oil is coming off yet another blockbuster season, posting the second consecutive quarter of stellar top-and-bottom line growth. According to the latest FactSet data, the energy sector's Q2…
Estimate-beating profits and solid cash positions were marks of the first half of the year for Big Oil majors and for their smaller rivals, too. A strong rebound…
The world’s largest shipping company, A.P. Moller Maersk A/S, aims to have net-zero carbon dioxide emissions from its own ocean operations by 2050 as the industry responsible for…
We recently wrote about Europe's soaring, record gas prices as Russian nat gas supplies have been suspiciously low, amid growing concerns about Europe's…
China offers promise for clean energy in a world dominated by fossil fuel-driven hydrogen projects through its new green hydrogen mega-plant. China is planning a huge…
Japan’s recent revision to its Strategic Energy Plan (SEP) lowers the targeted share of liquefied natural gas (LNG) in the country’s power generation mix in 2030 to 20%…
Russia seems intent on selling the world’s very last barrel of oil. As other energy superpowers and petro-states around the world scramble to diversify their economies and establish…
Just when you thought you would never belly laugh harder than when Elon Musk decided to demonstrate the Cybertruck's shatterproof windows, along comes AI Day 2021 - a…
The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes—after rising by 9 last week. The total rig count is…
Large-scale battery power capacity in the United States jumped by 35 percent last year to reach 1,650 megawatts (MW), and the significant growth of the past few years is set…
As uncertainty over new Covid outbreaks combined with a strengthening U.S. dollar, oil prices came under pressure this week and are on course to finish the week 7 percent down.
Europe is facing a potentially tough winter with natural gas supply nowhere near enough to meet heightened seasonal demand, Bloomberg has reported, citing storage data and industry insiders. LNG deliveries…
Oil prices fell on Friday morning for the seventh day in a row, which would be the longest run of daily declines since 2019, amid growing concerns about global oil…
About a week ago, President Joe Biden made a highly unusual move by reaching out to OPEC, urging the cartel to…
The current year has seen a massive wave of regulatory pressure by the Chinese government on key strategic sectors of its economy. Beijing has tightened regulatory scrutiny on…
The pandemic very likely hit the downstream oil even more severely than exploration and production and led to longer suffering. But now, things are finally beginning to look…
The ongoing situation for 2021 in the U.S. appears to be Big Oil versus Biden, as once again major U.S. oil industry groups are…