According to a recent Wood…
Oil majors are rounding up…
While 2022 saw a rare…
Back in August 2022, repo plumbing guru Zoltan Pozsar published a fascinating chart showing how "$2 Trillion Of German Value Depends…
Given that Libya has exhibited all the stability of a puff adder on benzedrine since the West removed its longstanding leader, Muammar Gaddafi, in 2011, it is little…
Europe’s benchmark gas prices have rebounded this week as traders closed short positions at the expiry of the front-month contract and some weather forecasts suggested colder weather in northern and…
China is back, and even the most ardent skeptics of Beijing’s policy easing will be compelled to admit that there is great upside in global oil demand in 2023. China…
Big Oil had a record year in 2022, earning billions from the imbalance between oil and gas demand and supply, and from the massive uncertainty that geopolitical events…
Colombia’s new President, Gustavo Petro, wants to move the South American country away from fossil fuels and replace oil revenues with income from tourism, agriculture, and renewable energy. …
I always like to get in my energy predictions in early January, so this is a bit later than normal. Last year’s predictions were especially tough,…
Rystad Energy expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several…
Prior to the unwitting boost that Russia’s ongoing failure in Ukraine has given the U.S., NATO, and Europe, Washington’s intentions regarding Iraq were mixed. On the one hand,…
Saudi Aramco has signed more than 100 agreements and memoranda of understanding (MoUs) worth $7.2 billion to support the local industrial and manufacturing sectors, the Saudi oil giant said…
Oil and gas operators in Texas should be prepared for severe winter weather this week, the Railroad Commission of Texas (RRC) said on Sunday, as snow and ice conditions…
Traders expect the Federal Reserve to end its rate hikes in two months, which could push oil prices higher due to the generally inverse relationship between rates and oil prices.…
The total number of total active drilling rigs in the United States stayed the same this week, according to new data from Baker Hughes published on Friday. The total rig…
Over the past two years, global energy companies have enjoyed record profits amid high commodity prices, with the International Energy Agency estimating that net income by oil and…
The end of 2022 marked another round of confrontation between Azerbaijan and Armenia in the Karabakh region with the involvement of Russian peacekeeping forces. The standoff began in…
Oil continued to gain momentum this week, and despite fears of a slowdown in economic growth, the reopening of the Chinese economy is providing tailwinds for oil.Oilprice Alert: Whether…
The energy crisis in Europe triggered by the ongoing war between Russia and Ukraine has left the continent short of hydrocarbon supplies and increasingly reliant on liquefied natural…
Windfall taxes, price caps, and calls for more oil and gas production marked 2022 in oil and gas. It looks like we’re in for a lot more of…
The five biggest oil majors in the world are expected to report record profits for 2022 in the coming days, for around $200 billion in combined yearly earnings…
When Russia floated the idea of forging a tripartite gas union with Kazakhstan and Uzbekistan late last year, it fell flat.
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