Trump's two primary campaign promises,…
Governments must prioritize energy efficiency…
The total number of active…
Exxon Mobil and Chevron released fourth quarter earnings this morning, and the market cheered. After a period of misses, this morning’s release was the second consecutive beat of…
Police and private security contractors have been quietly preparing to head off protests of a key oil pipeline in the U.S. Midwest in an effort to avoid another Standing Rock.…
U.S. West Texas Intermediate crude oil futures are trading higher on Friday with the market hovering slightly below highs not seen since November 21. The market is being boosted by…
Baker Hughes, a GE company sees a bright year ahead for its businesses, underpinned by solid growth in key oil and gas regions like the Middle East and the North…
The world’s main liquefied natural gas (LNG) demand growth market, China, will continue to be the single largest source of LNG demand globally in 2019. However, the breakneck demand surge…
The two-year contract between the government of Georgia and the Russian energy giant Gazprom on natural gas transit from Russia to Armenia expired on December 31, 2018 (Georgia Today,…
In the aftermath of the Fukushima nuclear disaster in 2011 that forced the subsequent shutdown of Japan’s 50 plus nuclear reactors, the country’s reliance on then-overpriced LNG spiked. For years…
Global deepwater liquid production is set to jump by 700,000 bpd from 2018 to reach a record-high of 10.3 million bpd in 2019, thanks to new fields coming on stream…
Oil prices rose almost 2 percent on Friday morning, closing higher for the week, with traders turning turned bullish once again as a result of lower OPEC+ supply and global…
Baker Hughes reported a sharp drop in the number of active oil and gas rigs in the United States this week. The total number of active oil and gas drilling…
Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad Energy’s annual exploration review. “ExxonMobil…
China’s independent refiners—typically known as ‘teapots’—imported a combined 2.72 million bpd of crude oil in January, down by 8.7 percent from December, a monthly S&P Global Platts survey of…
Oil prices are on track for strong gains this week, and the price increases are not only the result of the crisis in Venezuela. The oil market received a boost…
There is a widespread concern in the world regarding China’s decelerating economic growth. The slowdown, if it continues, threatens economic activity almost everywhere. Growth in Germany, for example, has already…
The United Arab Emirates have a reputation for innovative investments, so it was only a matter of time—and after a recovery in oil prices—before the Gulf state started making headlines…
European countries continue to find ways to circumvent U.S. sanctions on Iran, presenting a new payment channel in recent days. The new channel, called INSTEX, short for “Instrument…
Gazprom is, without doubt, the most important and influential company in Russia. The energy giant controls one of the world's largest and most impressive hydrocarbon reserves including an elaborate transportation…
OPEC’s crude oil production in January dropped by a massive 890,000 bpd compared to December—the largest monthly decline in the cartel’s production since January 2017 when the initial production cut…
Brent crude and West Texas Intermediate started the day today with gains, albeit modest, following yesterday’s Weekly Petroleum Inventory Report by the Energy Information Administration that said Saudi oil exports…
The U.S. campaign for regime change in Venezuela could drive up oil prices. The oil markets barely budged last week when the Trump administration first recognized Juan Gauidó as…