The UK and UAE are…
Billionaires' ventures into space travel…
The Financial Times, citing unnamed…
As the United States leans into sanctions against Venezuelan oil and the administration of contested president Nicolas Maduro, longtime PDVSA buyers have had to look to other Latin American countries…
Crude oil inventories in Canada’s oil province Alberta rose in February despite a government-imposed production cut aimed at propping up the price of Canadian crude and reducing excess supply in…
The world’s publicly listed oil and gas companies are bringing in cash at the best rate ever witnessed even though oil prices have only partially recovered from the huge drop…
The collapse of oil prices late last year, along with pressure from shareholders, has led to a slowdown in the U.S. shale industry. The EIA released new monthly data…
Saudi Aramco, the world’s largest oil company, has for the first time ever issued a bond prospectus to financial markets, shedding some light on its financial structure and management. By…
Billionaires are spending more on renewable energy, storage, and battery technology. A group of them even set up a US$1-billion fund, Breakthrough Energy Ventures, to encourage research in these…
President Trump issued an executive order on Friday to push the Keystone XL pipeline forward, hoping to short-circuit litigation on the project and get it off the ground. The
With thin profit margins growing even thinner in the crude oil sector, commodity trading houses have been looking for the next big movement in the energy industry to sink their…
OPEC’s oil production in March 2019 fell to its lowest level since February 2015, as Saudi Arabia cut more than it had pledged under the output cut deal and Venezuela…
Saudi Aramco received on Monday high first-time credit ratings from Fitch Ratings and Moody’s as Saudi Arabia’s oil giant is getting ready to launch its first bond in U.S. dollars.…
United States District Court for the District of Alaska judge Sharon L. Gleason decided late on Friday to reinstate the drilling ban on millions of acres in the Arctic that…
The ongoing turf war between U.S. president Donald Trump and OPEC+ where the oil market needs to be heading is again heating up. With a barrage of accusations, Trump has…
Oil companies will this year increase their investments in offshore drilling for the first time after five years of spending cuts as optimism for this segment of the industry returns…
I suppose to most people, the definition of the “perfect trade” is one that makes you a ton of money, but without the benefit of a crystal ball that can…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures surged to a new high for the year this week. The markets are being underpinned by the OPEC-led production cuts…
Average daily crude oil production slipped during the month of January for the first time in nearly six months, according to the Energy Information Administration’s latest report published on…
Oil prices took a bit of a hit this week, but the overriding sentiment is that we’ve got at least two more quarters of strong prices, though it may hit…
Oil prices closed the week on a positive note, as professional buyers are more convinced that oil is trending higher in the short term.
The the number of active oil and gas rigs fell for the second week in…
The U.S. administration is trying to pressure foreign commodity traders and refiners to suspend their trades with Venezuelan oil in the latest push against the Maduro government. The information comes…