Energy

Nov 24, 2020 at 09:02 | Irina Slav

The American Petroleum Institute will use "every tool at its disposal" to fight president-elect Joe Biden if he goes ahead with plans to restrict oil and gas drilling on federal…

Nov 23, 2020 at 16:21 | Simon Watkins

The initial public offering (IPO) of Saudi Aramco that was heralded by Crown Prince Mohammed bin Salman (MbS) as being a showcase flotation for raising massive new capital…

Nov 23, 2020 at 16:18 | Cyril Widdershoven

After weeks of speculation over how the new Biden Administration will approach U.S. relations in the Arab Gulf, the first real hurdles for a new JCPOA Iran agreement…

Nov 23, 2020 at 16:12 | Alex Kimani

This year has been a true rollercoaster ride for the U.S. oil and gas market, but it is increasingly looking to end on a high note. 

Nov 23, 2020 at 14:46 | Viktor Katona

Oftentimes the most interesting and challenging moments in life come when you least need them. Nowhere is it truer than with Russia’s eternal uphill battle to tap into…

Nov 23, 2020 at 12:25 | Josh Owens

A total of 37 percent of oil and gas companies in Canada resorted to permanent layoffs due to the pandemic-driven oil price and oil demand slump, a recent…

Nov 23, 2020 at 11:55 | Irina Slav

Tanker owners had a blast in the spring: nations around the world went into lockdown, oil demand slumped, and hundreds of millions of barrels of excessive supply had…

Nov 23, 2020 at 11:53 | Viktor Katona

In late October, as the world was transfixed by the final U.S. Presidential debate, U.S. authorities removed Sudan from the list of state sponsors of terrorism. With Sudan…

Nov 23, 2020 at 09:33 | Irina Slav

Abu Dhabi has increased its total oil reserves by 2 billion barrels to 107 billion barrels thanks to new discoveries, the emirate’s Supreme Petroleum Council said on Sunday. The…

Nov 23, 2020 at 09:13 | Irina Slav

China is about to become the country that possesses the most refining capacity in the world due to closures of refineries in the current number-one refiner, the United States. “China…

Nov 20, 2020 at 17:48 | Tsvetana Paraskova

Progress in vaccine development and expectations that OPEC+ will decide in less than two weeks to roll over the current cuts for three months instead of easing them…

Nov 20, 2020 at 17:18 | Tsvetana Paraskova

Venezuela’s regime has recently arrested oil workers or retired oil workers who have dared to expose the corruption and mismanagement at its state oil firm PDVSA and its…

Nov 20, 2020 at 16:58 | Irina Slav

Carbon pricing sounds…

Nov 20, 2020 at 16:51 | Josh Owens

The International Maritime Organization (IMO) approved on Friday a ban on the use of heavy fuel oil for ships in the Arctic, but…

Nov 20, 2020 at 16:46 | Matthew Smith

The victory of Joe Biden in the U.S. presidential elections earlier this month is perceived by many analysts to be a positive development around the world. It heralds…

Nov 20, 2020 at 16:41 | Editorial Dept

Climate deniers are by no means a dying breed. In his controversial book Apocalypse Never that recently reached the top of Amazon’s bestseller…

Nov 20, 2020 at 16:36 | Matthew Smith

Little known South American country Suriname, a Dutch colony which gained independence on 15 December 1954, is becoming one of the world’s hottest offshore drilling locations. The country…

Nov 20, 2020 at 16:31 | Tsvetana Paraskova

Crude oil inventories at the Cushing storage hub in Oklahoma are approaching the high levels seen in April when limited storage capacity amid crashing demand contributed to the…

Nov 20, 2020 at 16:23 | Michael Kern

Weaker oil demand with the spike in coronavirus cases will likely prompt the OPEC+ alliance to roll over the current 7.7-million-bpd production cuts into 2021, instead of easing…

Nov 20, 2020 at 16:04 | Vanand Meliksetian

China is the world's largest consumer of coal and the largest emitter of greenhouse gasses. With that in mind, Beijing’s recent announcement that it intends to become carbon…