The world's largest oil producer…
Crude oil prices ticked higher…
Call options are currently trading…
The global oil market descended into a new low in April after oil prices crashed into negative prices for the first time ever. On April 20,…
When the European Union tied its pandemic relief plan to renewable energy generation and emissions reduction targets, analysts sounded an alarm for LNG…
Amazon has announced 26 new utility-scale wind and solar energy projects, making it the largest-ever corporate purchaser of renewable energy. The company has now invested in…
The Chinese economic engine requires vast quantities of raw materials such as coal to power industries. While the majority of the coal is mined domestically, China is increasingly…
Oman is moving full steam ahead with its oil production, establishing a new company for upstream oil and gas. Energy Development Oman (EDO) will have a stake in…
The MINING.COM EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including hybrids) around the world fell back from the all-time high…
Work has resumed in Baltic Sea waters off the German coast on the controversial Nord Stream 2 natural-gas pipeline, project managers said in a statement on December 11.…
Oil prices fell back on Friday morning following a strong rally on the back of an OPEC+ agreement and new COVID-19 vaccine rollouts around the globe.For Global Energy…
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 12 to 338. The total number of active oil and gas rigs increased…
U.S. West Texas Intermediate crude oil futures are edging lower on Friday but remained in a position to post a sixth week of gains, as the rollout of novel coronavirus…
1. Deep capex cuts for shale- A group of 33 U.S. shale companies cut capex…
Politics, Geopolitics & Conflict Once again, it’s China stepping into the vacuum in Iraq, targeting the oil industry. This time, Iraq is set up for a multi-billion-dollar bailout from Beijing…
Last week, I talked about the illogicality of recent moves in crude, and there has been more of the same this week, if anything even more pronounced. I guess I…
Last week, we asked how quickly General Haftar might grow weary of waiting on an elusive oil revenue agreement while the country continues to pump out 1.2 million…
Global demand for road fuels hit a two-month high last week, recovering from the slowdown in October and November when many countries in Europe imposed lockdowns for a second time…
The European Union earlier today finally reached an agreement on more stringent emissions-cutting goals for the next decade. After long discussions, the block agreed to aim for a 55-percent reduction…
ExxonMobil and its partner Petronas have discovered oil and gas offshore Suriname, which adds to Exxon’s numerous discoveries offshore Guyana in the same Guyana-Suriname basin, the U.S. supermajor said…
The shale revolution may have made the United States and the world's largest natural gas producer, but it has failed to make the biggest U.S. shale gas drillers any richer.…
Just a decade ago West Texas was the very image of a thriving industry. Bobbing pumpjacks dotted the landscape as boomtowns like Midland exploded in a flurry of…
After a week of contentious OPEC+ discussions, in which the UAE played a key role, it appears that the Abu Dhabi National Oil Company (ADNOC) is now aggressively…