Despite Congress passing new sanctions…
The recent ban on Russian…
Energy experts and environmentalists express…
OPEC expects oil demand to rise by 5.8 million barrels per day (bpd) this year, down by around 100,000 bpd from last month’s projection due to lockdowns in major developed…
While the oil market rebalancing looks fragile in the first quarter of 2021, global oil stocks are expected to rapidly draw down in the second half of this year as…
Anglo-Dutch supermajor Shell has reaffirmed its commitment to becoming a net-zero company by 2050, saying that its oil production peaked in 2019 and is set for a…
Oil prices have rallied back to the point they are almost ready to match pre-Covid levels. There are two key drivers for this miracle, which no one predicted early on…
Brent crude could hit $70 or even $80 a barrel by the end of this year, one hedge fund manager says. It could top $100 next year, an energy analyst…
It was no coincidence that just over a month after staunch U.S. ally-Israel and the United Arab Emirates declared that they would normalise relations and Israel and Bahrain did…
At a time when the Covid-19 pandemic continues to decimate the global transport sector, the EV trajectory has remained incredibly bullish. S&P Global has reported that global EV sales
France's supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued…
While BP was unveiling its strategy to reinvent itself from an international oil company to an integrated energy company in London last year, thousands of miles away Russian giant Rosneft—in…
Colombia is not a country usually associated with crude oil. Low proven petroleum reserves and falling production see Colombia rank well behind many of the global oil heavyweights,…
In the latest sign yet that the global vaccination effort was falling way short of expectations, institutional traders are shunning gasoline futures in favor of other contracts. Forecasts that gasoline…
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory draw of 6.6 million barrels for the week to February 5. Gasoline and middle…
After falling in early Asia trade, oil prices firmed up on Wednesday morning ET and extended their rally for nine straight days—the longest streak of consecutive daily gains in two…
The average energy investor is by now well aware of the sector's monumental shift from fossil fuels to renewable energy. Coal-powered power plants have been shuttering at an alarming clip…
Globally integrated energy supermajor ExxonMobil was severely mauled during 2020. The company reported a massive 2020 full-year loss of $22 billion, its worst…
The world is moving steadily away from coal. The emissions-heavy fossil fuel is public enemy number one in many, if not most, clean energy and climate smart initiatives…
Qatar Petroleum took this week the final investment decision to build what it says would be the world’s largest liquefied natural gas (LNG) project in terms of capacity, as…
The installed renewable capacity of the United Arab Emirates, which until recently was nearly non-existent, concluded 2020 at 2.3 gigawatts (GW), around 91% of which comprises of solar PV projects,…
Investor Alert! Oilfield service giants are looking like an increasingly good investment as oil prices rebound. Read our latest Global Energy Alert investment column to get the…
The world oil markets are facing a perfect storm which eventually could lead to structural economic and geopolitical changes. While Covid-19 has decimated markets and slashed profits, climate awareness and…