When the illusion of unending…
As we kick off Q1…
TotalEnergies CEO Pouyanne has predicted…
The Libyan National Army (LNA) has launched a campaign to take over Tripoli and oust the internationally-recognized government, the latest phase in a long-running civil war that has simmered since…
Recent hiccups for Brazilian oil supply call into question the growth projections for the country, with implications for the global oil market. Brazil’s oil production slipped by 65,000 bpd in…
Technology has made a lot of things once only seen in sci-fi works of fiction a reality, and now floating cities may join the list. Earlier this month, UN-Habitat, the…
Saudi Arabia could begin natural gas exports in five-six years as it has already begun talks with neighboring Gulf Arab states to build natural gas pipelines, S&P Global Platts…
Just a day after the Saudis allegedly threatened the hegemony of the almighty petrodollar, Saudi Aramco began the sale of its first-ever dollar bonds with an order-book of around $40 billion. Ahead…
Oil and gas exploration is off to a flying start in 2019, with majors taking a bigger bite of the conventional resources discovered in the first quarter, according to Rystad…
The average production cost for a barrel of oil in Nigeria has declined to just US$23 a barrel, Petroleum Minister Emmanuel Ibe Kachikwu told local media, adding that oil…
Saudi Arabia threatened to use the “nuclear option” of undermining the petro-dollar if the U.S. moves forward with the NOPEC bill. The U.S. Congress has been mulling legislation, known…
Libya is heading for a military showdown as East Libyan strongman General Haftar has initiated a full confrontation with the UN-backed West-Libyan GNA Al Serraj government, based in Tripoli. After…
The renewable energy revolution that many have been seen as a threat for the oil and gas industry will actually benefit one significant segment of it: Big Oil. That’s what…
Oil prices gained around 30 percent in the first quarter this year, with both WTI and Brent posting their best quarterly performance in a decade—since the second quarter of…
Saudi Aramco, the national oil company of Saudi Arabia, is by far the largest oil company in the world. The company produces around 13 percent of the world’s oil, but…
The first quarter of the year is in the books. Following a steep sell-off in December, the S&P 500 returned 13.1 percent for the quarter, its best quarterly performance in…
Over-delivering Saudi Arabia and blackouts in Venezuela helped push OPEC’s crude oil production down by 570,000 bpd from February to 30.23 million bpd in March—the lowest production from the cartel…
Crude rallied on Friday morning, ending the week on a bullish note as traders are increasingly concerned about global supply outages.
The the number of active oil and gas rigs rose by 19 after two weeks of big losses in the United States this week according to Baker Hughes, in a…
Saudi Arabia has threatened the United States to stop using dollars for its oil trades in an attempt to discourage legislators from passing a bill dubbed NOPEC aimed at holding…
Natural gas prices fell into record negative territory in the Permian basin, dragged down by booming oil production and a limited ability to move gas out of the region. Unlike…
Rosneft, Russia’s state-controlled oil company and the largest oil producer in the country, plans to develop an Arctic cluster of oil fields over the next five years. These plans by…
Colorado has hosted a surge in oil and gas production in the last few years, but the industry faces new challenges as the state overhauls its regulatory regime. Much of…