The energy sector has underperformed…
The global upstream M&A market…
The UK Treasury could earn…
Venezuela, in the midst of a humanitarian crisis of epic proportions, would need $58 billion to return its oil industry to its former glory and 1998 production levels, according to…
The oil and gas pipeline that is the subject of a ransomware attack will not return to service in any meaningful way until the end of the week, the pipeline…
The winter storms in February triggered the largest monthly drop in U.S. natural gas production on record, primarily due to freeze-offs in Texas, the Energy Information Administration (EIA) said on…
The plan of South Africa’s government to lease LNG-to-power ships to solve its electricity crisis has drawn a lot of criticism because of alleged irregularities in the bidding process and…
Commodity traders have booked at least six tankers—provisionally—to start shipping gasoline from Europe to the United States in the wake of the outage of the Colonial Pipeline network, Reuters
Crude oil imports into Europe surged by close to 1 million bpd last month, Bloomberg reports, citing a sharp rise in Brent crude prices. Nigeria, the United States, and…
Fuel sales in the United Kingdom surged at the end of last week to their highest level since the first lockdown in March last year, according to government data cited…
Banks should finance low-carbon climate-resilient projects, not big fossil fuel infrastructure that is not even cost-effective anymore, UN Secretary-General António Guterres’ said during a climate meeting this week. While…
Oil and gas companies in New Mexico may be in for a rude awakening, with a new law that would disallow any oil and gas company exemptions for reducing emissions.…
The Electric Reliability Council of Texas (ERCOT) tried to prevent blackouts during the winter storm by paying large industrial users to cut power consumption, but the program to save electricity…
Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons, Natural Gas World reports, citing…
India's state-owned refiners are ordering their regular volumes of Saudi crude oil for June after the Kingdom reduced its prices for the world's third-largest importer, Reuters has reported, citing…
The Electric Reliability Council of Texas (ERCOT) expects record demand for electricity this summer, but sees a low risk of emergency conditions, the manager of the Texas power grid
Due to economic responses to the pandemic, U.S. energy production dropped by 5 percent last year, marking the steepest annual decline on record, the U.S. Energy Information Administration (EIA)
As the indirect talks between the United States and Iran are making some progress but not major breakthroughs, diplomatic shuttles of U.S. officials and senators in the Middle East in…
Norway’s oil companies and industry trade unions struck a wage deal this week, averting another strike that could have cost many millions in lost oil revenue. Reuters reported that…
Brazil’s state-run oil company has reopened the bidding of its legacy oilfield clusters, according to Reuters sources. The reopening announcement coincides with the higher price of oil, which would…
As much as 80 percent of the coal-fired power plants in the United States are already uneconomic compared to new wind and solar projects, energy and climate policy think tank…
The world’s largest oil exporter, Saudi Arabia, could see its budget deficit drop to below 5 percent of gross domestic product (GDP) this year if oil prices average $60 per…
The U.S. Administration has reportedly realized that America cannot reach its new ambitious emission-reduction goals without nuclear power generation. The White House has signaled it could create new subsidies to…