As Western nations are withdrawing…
It is fair to say…
Washington University in St. Louis…
Iran can boost its crude oil production to as much as 6.5 million barrels per day (bpd) when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister…
The discovery of oil in three new wells in Turkey will add significantly to the country’s output, following Turkey’s biggest ever gas discovery just last year.
Oil prices rose by 1 percent early on Monday, driven by expectations that recovering demand with summer travel and reopening economies will easily accommodate the gradual increase in OPEC+ production.…
Iran has started sending crude oil via the Goreh-Jask pipeline that passes by the Strait of Hormuz and ends at the port city of Jask in the Gulf of Oman,…
Hydrogen will play an indispensable role in a future carbon-free energy system, according to nearly everyone concerned with the matter. But scenarios showing its share in final energy…
Canada’s oil sands industry is too carbon-intensive for the environmental, social, and governance (ESG) targets of some of the world’s largest institutional investors. But not for Canada’s own…
When it comes to the global shift to low-carbon energy sources, Europe has traditionally been viewed as the world leader. Meanwhile, the United States has frequently been regarded…
Last year was a strong one for green hydrogen—at least in terms of media attention. Actual green hydrogen production did not change in any meaningful way, and there’s…
The European Union's Emissions Trading System has seen record-high prices lately. This has prompted two kinds of response: on one side, some analysts and officials have welcomed the…
After over a year of pandemic-driven volatility and weak oil demand, Saudi Arabia is now experiencing an oil export boom. Saudi Arabia’s oil exports increased in…
In the world of energy, size matters. Therefore, large producers and consumers can influence global markets while smaller players have to acquiesce to developments. One outlier has been…
Bitcoin uses more energy per year than many entire countries. Nestled between the Netherlands (110.68 Terawatt hours per year) and the United Arab Emirates (119.45 Terawatt hours per…
Oil production in the U.K. isn’t dead just yet, as BP strikes a deal with Baker Hughes and Norway's Oldfjell Drilling to enhance production at the Clair Ridge…
It was a historic week for the oil industry, potentially marking a turning point, at least for the corporate strategies of the oil majors. More curbs on the supply side…
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 2 again this week, bringing the total rig count to 457—a…
This week’s climate-related actions in boardrooms and courtrooms involving some of the largest international oil companies signal rising threat to the sector, Moody’s…
Oil prices rose early on Friday for a sixth consecutive day and were on track for weekly and monthly gains after the defeats on climate policies that major oil firms…
When it comes to investing in the Middle Kingdom, tech companies such as Alibaba Group (NASDAQ:BABA), Baidu Inc.(NASDAQBIDU), Tencent Holdings (OTCPK:TCEHY), and NetEase Inc. (NASDAQ:NTES) tend to hog the limelight…
Whether Big Oil was just dealt a crushing blow by climate activists or whether this is simply a new leaf in a book that we’ve already opened depends largely on…
The OPEC+ group is expected to confirm next week its May-July plan to ease the oil production cuts by the planned 840,000 barrels per day (bpd) in July, OPEC+ delegates…