Blackrock's Michael Dennis said that…
Despite Congress passing new sanctions…
Tesla's Full Self-Driving system has…
Iranian crude could return to global markets sooner rather than later as this week’s start of negotiations between Tehran and the five world powers that, together with the U.S. signed…
Days after OPEC+ greed to gradually ramp up production, adding some 2 million bpd to global supply by July, the Saudi energy minister, Prince Abdulaziz bin Salman has…
Two years ago, three pre-eminent materials scientists, John B. Goodenough, M. Stanley Whittingham, and Akira Yoshino, were awarded the 2019 Nobel Prize in Chemistry
Fracking crews are increasing their activity in U.S. shale basins, finishing off a slew of DUC wells, according to the EIA’s latest Monthly Drilling Report. As oil and gas companies…
OPEC’s leader Saudi Arabia is feeling the heat of its own success at present. By again stabilizing the markets, global oil prices have increased substantially but the pressure…
Abu Dhabi National Oil Company (ADNOC) is talking to banks about the potential listing of its oil drilling unit on the local stock exchange, Reuters reported on Thursday, quoting…
Malaysia and Brunei have signed an agreement to develop two offshore oil fields on the maritime boundary, with greater exploration of recent ultra-deepwater discoveries. The governments…
A massive fire erupted on Wednesday evening at an oil refinery operated by Petroleos Mexicanos (Pemex) in the city of Minatitlan in the eastern Mexican state of Veracruz, reported Reuters. …
Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a turbulent 2020. The three companies are profiting from increased oil demand and a…
Oil and gas companies have been in the crosshairs of public outrage for years now and the pressure has only been growing, with a new emerging breed of investors pressuring…
Over the last decade it has been a wild ride for Ecuador’s trouble-plagued but economically crucial oil industry. Former president Rafael Correa’s heavy-handed policies, centered around oil nationalism…
Oil prices dropped early on Thursday, following a record number of new daily COVID cases in major oil consumer India and a jump in U.S. gasoline stocks estimated by the…
GM shed some light on its EV tech research to produce much cheaper EV batteries, which will be key for its EV transformation. The automaker is experimenting with different types…
India is at the ready to purchase more Iranian oil immediately if U.S. sanctions on Iran are lifted, a government official has threatened in the latest escalation of the India-Saudi…
When former U.S. President Donald Trump ascended into the Oval Office in January 2017, he kicked off his presidency by investigating unfair trade practices in China as part…
A match has been going on in global oil, which has stayed largely out of the spotlight as the world focuses on the pandemic and its effect on…
A stronger global economy this year is set to accelerate oil demand growth to 5.5 million barrels per day (bpd), the U.S. Energy Information Administration (EIA)
After the novel coronavirus tore through communities worldwide and left a path of economic and public health devastation in its wake, many sectors are still struggling to recover.…
OPEC and partners are betting on a significant boost in oil demand over the coming months as member states get ready to ramp up oil production.
The election of President Joe Biden has been the cause of much hand-wringing in the United States oil and gas sector. The current…