Four projects were planned offshore…
ExxonMobil continues to expect that…
European steel mills face challenges…
Negotiations were relatively smooth, and OPEC+ did not deliver any major surprises when it agreed to ease the production cuts beginning in August. Widely expected, oil traders appeared…
Over the past half decade, the natural gas sector has earned itself the dubious distinction as the place where money goes to die. Few sectors of the U.S.…
The coronavirus pandemic may have put many investment plans on hold, but it has also highlighted the global drive to sustainable living in energy-efficient cities. COVID-19…
Europe has remained in the global forefront when it comes to willingly ceasing hydrocarbon exploration and extraction, fueled by a tangible political intent to make its energy mix greener and…
In the past, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk never hesitated to call it as it was whenever TSLA stock started overheating. But maybe he’s finally…
Iraq is cutting its oil exports as it seeks to achieve full compliance with its oil production quota under the OPEC+ agreement, Bloomberg has reported, citing unnamed sources from…
After some good news for oil exporters from China, there is now even better news about oil demand from the world’s top importer: Chinese refineries processed a record-high amount of…
OPEC may have to play its market-rebalancing act longer than initially intended as it is afraid that a second coronavirus wave would slow oil demand recovery, Reuters reported on…
Democratic presidential candidate Joe Biden proposed a $2 trillion clean energy and climate change package on Tuesday, a plan that would overhaul transportation,…
The pandemic is this year’s big unknown for the global oil markets and the global economy. The oil market is unlikely to be completely out of the woods…
Oil prices rose nearly 2% on Wednesday after a favorable U.S. inventory report from the Energy Information Administration (EIA), an OPEC agreement to taper the production cuts,…
Anxious and unsure as to when exactly will the COVID-induced recession come to an end, both current and future oil-producing nations have been having quite the hard time to define…
It was the last of the large LNG projects that put Australia in the lead for global LNG exports. It was the biggest jewel in Shell's LNG crown.…
The energy storage industry is booming. This is not new news -- the up-and-coming sector has been on a swift upward trajectory for quite a while, but now…
An oil tanker tied to a sanctioned Iranian individual and under arrest in UAE waters has recently left the UAE port in violation of a Prohibition to Sail notice and…
Crude oil prices rose higher today, after the Energy Information Administration confirmed the crude oil inventory draw reported earlier by the API. The EIA estimated U.S. crude oil inventories…
The OPEC+ group is easing the record 9.7-million-bpd production cuts as of August as demand has started to recover, Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, said at…
OPEC+ compliance rose sharply in June, helping to tighten up the market. The improved compliance also boosted confidence and cohesion in the group’s collective effort ahead of a possible loosening…
The COVID-19 pandemic has stymied oil and gas activity, a phenomena which has now affected the drilling market both in terms of wells drilled and in terms of related demand…
Researchers are in a race to find the ultimate energy storage solution, considering the rise of renewable energy generation and electric vehicle (EV) sales around the world.