Per the latest weekly data…
Despite multi-year low natural gas…
Advanced economies are heavily reliant…
Investments in new oil production have been stalling since about 2014. This has led many to suggest that higher prices for longer are on the cards, supported by anti-oil industry…
Saudi Arabia is receiving record income from its cash cow, the state oil giant Aramco, which raised its total 2023 dividend payment by 30% to nearly $98 billion. Saudi…
Kazakhstan increased oil exports by volume last year, but flagging prices meant this translated into diminished earnings. The plan for 2024 is to keep expanding sales abroad, although…
Just when you thought the EV market couldn't get more saturated or competitive in China, sales have once again slowed and the country's market leader, BYD, is once…
For many years, electric vehicle critics have been pessimistic that EVs will ever go mainstream because they, have argued, will always be more expensive than fossil fuel-powered vehicles. Market…
U.S. oil and gas companies spent a combined $250 billion in mergers and acquisitions last year. More than half of that came from just two megadeals: Exxon's acquisition of…
The oil industry has found its newest exploration hotspot offshore Namibia. The high success rate of drilling and appraisal activity offshore Africa's southwestern coast is spurring Big Oil to boost…
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total…
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), the state oil giants of two of OPEC’s top producers, are in very early stages of working to extract lithium from…
Biofuels are expected to play a major role in the global green transition, helping to power and decarbonise planes, ships and industry. These low-carbon fuels can be used to fill…
University of Liverpool researchers have discovered a solid electrolyte material that rapidly conducts lithium ions. The discovery of new Li ion conductor unlocks a new…
Despite an increase in China’s crude oil imports in the first two months of 2024, it’s too early to say how the purchases of the world’s top crude importer will…
Oil prices have remained largely rangebound over the last month as bullish and bearish factors continue to counterbalance each other.
When Iran seized a Marshall Islands-flagged oil tanker last year, Tehran said the transporter had collided with and damaged an Iranian vessel in the Gulf of Oman.
The head of UK supermajor BP paid chief executive Murray Auchincloss £8m for 2023 on the back of a better-than-expected year. Figures published by the oil…
1. Guyana Takes Over European Oil Markets - Guyanese crude exports to Europe hit an all-time high in…
Venezuela has announced an election date - July 28 - and Maduro is the only candidate, with a return of U.S. sanctions at stake. Maduro banned the only…
Politics, Geopolitics & Conflict Lithuanian intelligence summarized by the Institute for the Study of War assessed that Russia is capable of maintaining its current momentum in the near term and…
April West Texas Intermediate (WTI) crude oil futures have seen varied movements in the past week, influenced by a range of global factors. The interplay of U.S. crude inventories, OPEC+…
Natural gas is now back in fashion in a very big way and the new mantra is that domestic sources in combination with renewable energy are the only true answer…