While U.S. and European automakers…
China, facing US threats of…
The U.S. government has multiple…
S&P Global Ratings warned this week it could very soon downgrade the ratings on some of the world’s biggest oil firms, citing increased…
When I made my 2020 predictions a year ago, the world was on the cusp of a pandemic that would upend the oil…
The global automotive industry took a significant hit last year on the back of a Covid-19-related slump in activity. However, a more positive global outlook is set to…
After years of turbulence, Libya’s oil industry is finally starting to bounce back, with the production increase that started in December showing no signs of stopping.
For roughly two decades since Hugo Chavez won the Venezuelan presidency and commenced his socialist Bolivarian revolution, the country, which was once Latin America’s largest oil exporter, is…
As far back as the early 1980s, Brazil’s national oil company Petrobras as well as the government were aware of the vast untapped oil wealth trapped under the…
Crude oil prices jumped higher today after the Energy Information Administration reported a crude oil inventory draw of 9.9 million barrels for the week to January 22. Fuel inventories…
The idea that crude oil could ever again hit three-digit price levels may sound ridiculous at a time when slack demand amid a pandemic has oil stuck in…
Following an unpredictable and shocking 2020, stability and sustainability are set to be the two major themes in the oil and gas industry this year. Companies in the…
After a bright start earlier in the month, the oil price rally appears to have once again run out of steam thanks to an old nemesis threatening to overrun China…
The Eastern Mediterranean in a decade went from an 'empty sea' towards one of the most promising new frontiers of the global oil and gas industry. The Levant basin contains…
Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019, the International…
The combined debt of North American E&P and oilfield service companies that filed for Chapter 11 bankruptcy protection last year jumped to $102 billion, surpassing the $100 billion mark for…
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…
The geopolitically game-changing Goreh-Jask pipeline project saw a major advance last week with the commencement last week of offshore pipe-laying operations. The implementation of this operation markets the first stage…
Oil prices rose early on Tuesday amid signs that the physical supply of crude will tighten over the first quarter and counter concerns about slow vaccine rollouts and Chinese lockdowns.…
Despite outside assistance from Russia, China and Iran, the embattled socialist regime of President Maduro has proven incapable of rebuilding Venezuela’s once-mighty petroleum industry. According to the latest…
When earlier this month Saudi Arabia served “a wonderful surprise” to oil markets in the words of its energy minister, oil prices jumped up. After all, the Kingdom said it…
Shell is buying ubitricity, the European provider of on-street charging for electric vehicles (EVs) that has the largest public EV charging network in the UK, the supermajor said on…
The average U.S. investor has been giving the energy sector a wide berth over the past half a decade due to perennial underperformance. Indeed, the energy sector has been a…