Producers and midstream companies are…
Governments must prioritize energy efficiency…
It is fair to say…
Venezuela’s crude oil exports last month fell further, to a low of 359,000 bpd, Reuters reported, citing official data. The decline was the result of the expiry of a…
Oil prices jumped early on Tuesday, with Brent back above the $40 a barrel mark, supported by a rally in financial markets and a weaker U.S. dollar on Election Day.…
Oil prices fell sharply last week, but the U.S. stock market managed to snap a four-day losing streak after President Trump promised that Congress would deliver "...the best…
Things are not looking good for coal. The notoriously dirty fossil fuel was once the powerhouse of the world, but it’s fallen out of favor thanks to a…
The administration of Argentina’s President Alberto Fernández is growing increasingly desperate to restart the burgeoning oil boom which was underway before the COVID-19 pandemic hit. Argentina has been…
The prospect of a 2nd coronavirus wave and consequent demand slump is putting substantial downward pressure on crudes in Europe. Differentials are weakening as most refineries run their distillation units…
Global oil demand will peak at 102 million barrels per day (bpd) in 2028, Rystad Energy said on Monday, noting that the push to low-carbon energy and the coronavirus…
Crude oil last week dived below $40 as the resurgence of Covid-19 cases in Europe prompted new national lockdowns in France and Germany—so far. Yet fears have deepened that…
Within less than 12 months Bolivia has managed to come full circle. First Evo Morales resigned as President of Bolivia in November 2019 amidst widespread protests calling into question the…
Ahead of what could be an industry-changing presidential election in the US, a Rystad Energy analysis reveals that drilling and fracking activity has accelerated. North American fracking likely peaked in…
Libya’s crude oil production has reached 800,000 bpd, Reuters has reported, citing sources in the know. This is a 100,000-bpd increase in just a few days, the report added.…
President Donald Trump has signed an order aimed at protecting the shale oil and gas industry, he said in a tweet. “Just signed an order to protect fracking and the…
After ending the worst month since March, oil prices extended losses early on the first trading day in November on Monday, as more European countries announced lockdowns and as traders…
As if the oil market needed another uncertainty in the year of the pandemic, a Joe Biden win at next week's U.S. presidential election could have a significant…
The coronavirus crisis and the crash in oil prices has unleashed a new wave of mergers and acquisitions (M&A) in the industry, most…
As you read this article on your computer or your smartphone, it’s easy to forget that almost a billion people around the world don’t have access to electricity.…
The tiny impoverished Latin American country of Ecuador continues to struggle with its legacy of resource nationalism. Even a push by the current administration of President Lenin Moreno…
The termination last week of the development contract of Iraq’s Mansuriya gas field for the consortium led by Turkey’s state-owned Türkiye Petrolleri Anonim Ortakl??? (TPAO) re-opens the way…
Times of recession usually bring up overused terms like belt-tightening or company restructuring though distressed periods are just as useful for settling old scores and shaping up new…
With the 2020 presidential election looming — and with many claims and counterclaims about a president’s impact on the oil industry — I thought it might be of…