Crude oil prices ticked higher…
University of Michigan engineers have…
The U.S. has been laser-focused…
Canada’s largest oil companies continue to post quarterly losses this year as low crude oil prices and low refining margins hit earnings. On Wednesday Suncor Energy reported its…
While the oil market speculates on whether or not OPEC+ will ease its production cuts in January amid sluggish demand, rumors emerged on Thursday that the three biggest OPEC producers…
As much as 66.6 percent of crude oil production in the Gulf of Mexico remained shut in on Wednesday ahead of Hurricane Zeta, with 228 platforms evacuated according to the…
Oil prices extended their 5-percent slump from Wednesday into Thursday morning, plunging by another 5 percent, with WTI Crude sliding to $35 a barrel, as major economies in Europe renewed…
An ongoing global supply glut and the COVID-19 pandemic have had a profound impact on the price of crude oil. Despite recovering after the March 2020 oil price…
Gigawatt upon gigawatt of green hydrogen capacity is being planned across Europe, Asia, and Australia. According to proponents of the technology, green hydrogen - the kind produced through…
The U.S. Army is expanding research efforts to solve the current challenges to battery technologies and drive advancements in battery science and energy storage that will become increasingly…
If you’re in the camp that is wishfully thinking U.S. oil production will rebound anytime soon north of 13 million barrels per day, U.S. Energy Secretary Dan Brouillette is ready…
At a time when the second wave of coronavirus is decimating the world economy, when the Caucasus is smouldering from the consequences of the Karabakh issue and all…
General Motors and Ford have known about the effect burning fossil fuels has on climate for 50 years, a report from E&E News has revealed. And not just…
Global demand currently is not supportive for OPEC+ easing the oil production cuts on January 2021, Ibrahim Al-Buainain, president and chief executive of Aramco Trading, told Gulf Intelligence on…
President Donald Trump is reportedly preparing to sign an executive order that would mandate the analysis of fracking and its effects on the economy in one final campaign push to…
Crude oil price fell further after the Energy Information Administration reported an inventory increase of 4.3 million barrels for the week to October 23. This compares with a
The Libyan ceasefire agreement, which is being painted as a permanent one, could soon face increased opposition if third party interference is not dealt with. The UN-brokered (UNSMIL)…
Chevron’s acquisition of Noble Energy launched an ongoing M&A frenzy in the U.S. shale patch as companies look to consolidate to cut costs while adding immediately cash-flow-positive resources…
There are considerable concerns that the vast oil reserves of Venezuela, totaling a billion barrels, could become a stranded asset. It was Venezuela’s burgeoning post-World War One oil…
Oman is looking at ‘all financing options’ following the lacklustre sale last week of a total US$2 billion bond offering, according to legal sources working with the Sultanate…
The prolonged Nord Stream-2 saga has managed the unmanageable – industry watchers are becoming numb to the ever-changing prospects of the project and are becoming less and less…
The price of WTI is once again below $40 as new COVID cases drive demand lower and Libya threatens to bring a new wave of supply online.
After a positive start to 2020 there is little evidence of a sustained recovery for the Andean country’s economically crucial oil industry. Significantly weaker oil prices, the COVID-19…