The refinery project in Sri…
Oil prices are set to…
Tesla's Full Self-Driving system has…
Remember August 1st? That’s when Trump announced new tariffs on China and oil took its biggest plunge in four years… and now the final week in August is gearing up…
A U.S. sanction waiver expiry later this year could see the number of drilling rigs in Venezuela’s Orinoco Belt slashed by half, putting additional pressure on Caracas by further reducing…
While the oil market was jittery awaiting a Fed hint at interest rate policy, China retaliated in the trade war with the U.S., announcing plans to slap tariffs on…
The oil market is facing a near-term supply deficit, despite the growing cracks in the global economy and stagnant oil demand. At the same time, the market is poised for…
Alberta decided to extend its mandatory production cuts through the end of 2020 because of a lack of pipeline capacity. The former New Democratic Premier Rachel Notley imposed the…
Low liquefied natural gas (LNG) spot prices amid abundant supply and weaker Asian spot demand this year have helped Europe to fill its storage tanks to more than average levels…
Solar power has emerged as the dominant renewable source of energy in many places with a lot of sunny days during any given year. One would think solar would flourish…
The proverb goes that when China coughs, the world catches the flu. The unprecedented economic development of the world's most populous country has led to a steep increase in national…
The subsea market in 2019 will experience year-on-year growth for the first time since 2014, but the positive outlook is vulnerable to any significant decline in oil prices over the…
Brazil’s government wants to privatize Petrobras by the end of its term, in 2022, Reuters reports, citing information from unnamed sources carried by Brazilian media. That’s despite President Bolsonaro’s initial…
Amid internal and external economic uncertainties, Russia keeps a conservative budgeting policy and has its 2019 budget break even at an Urals price of $49.20 a barrel, the lowest…
The U.S. could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change.…
While Aramco is signaling that the preparation for its long-awaited IPO is still underway, another big oil company may soon go private. Canada’s Husky Energy has suffered…
Investors in high-yield riskier bonds of U.S. shale firms have caught up with equity investors in showing impatience over the mounting debt that the shale patch has piled up to…
Inverting yield curves, a shrinking German economy, Brexit, two trade wars, tariffs and slowing industrial activity in China are all pointing to the possibility of a recession. Even…
Markets convulsed at the end of last week after a weak GDP print in Germany and slowing industrial production data from China caused a flight to safety and an inversion…
Against the background of the United States softening its rhetoric vis-à-vis Huawei and Saudi Arabia taking matters into its own hands in cutting export rates significantly below the 7mbpd export…
As any attentive reader of our Oil & Gas Insider feature would attest, the oil market is in constant flux and one nation’s fate might drastically swing from that of…
The news on vehicle sales is indicative of the growing economic headwinds. Data published by the China Association of Automotive Manufacturers showed auto production down 12.4% in the first half…
Rosneft’s Sanctions Hedge Play One of the key underpinnings of US global economic power is the use of the US dollar for global trade transactions, but sanctions make that a…