Saudi Arabia’s oil giant, in…
China's steel industry faces challenges…
The UK economy is primed…
The United Arab Emirates (UAE), currently OPEC’s third-largest producer, breached its OPEC+ oil production quota by a massive 520,000 barrels per day (bpd) in August, data from the International Energy…
For a second consecutive month, the International Energy Agency (IEA) cut on Tuesday its forecast for global oil demand this year, citing an “even more fragile outlook” about the oil…
Venezuela has charged a U.S. citizen arrested recently on allegations of spying with plotting terrorist attacks on oil refineries and the country’s electricity supply to incite unrest, the Associated Press…
Colombia’s state-held oil firm Ecopetrol, which has a strategic alliance with Occidental Petroleum to develop acreage in the Permian, plans to have drilled as many as 100 wells in…
India paid much less for the crude oil imported between April and July 2020 compared to the same period last year, due to the significantly low oil prices and lower…
Saudi Arabia’s oil giant Aramco reclaimed the spot of the world’s most valuable company after a relatively steady performance in Riyadh so far this month, while shares in Apple plunged…
The world’s largest retailer, Walmart, just launched a pilot project on delivering select groceries and essential items using automated drones, and the implications are enormous, not just because Amazon won’t…
Gold prices advanced higher on Monday as a weaker US dollar and expectations that…
OPEC revised down by another 400,000 bpd its forecast for global oil demand this year, expecting consumption to shrink by 9.5 million bpd over 2019, cutting forecasts for the second…
Oil companies have started evacuating staff and shutting in oil production at about half a dozen platforms in the Gulf of Mexico ahead of tropical storm Sally, which is expected…
In a three-way phone call on Friday with Israeli Prime Minister Benjamin Netanyahu and King Hamad bin Isa Al Khalifa of Bahrain, U.S. President Trump announced that Bahrain…
Tesla is in talks with Canada's Giga Metals to potentially help it develop a nickel mine and buy the low-emissions nickel production for its batteries, Reuters reported on Friday,…
The United Arab Emirates (UAE), currently OPEC’s third-largest producer, is estimated to have exported a lot more crude oil in August as it produced more than its quota…
A fair part of the bull story for copper this year has been supply-side fears. The world’s largest mines are in South America, which has suffered…
The damage from Hurricane Laura on one of the four U.S. sites holding the Strategic Petroleum Reserve (SPR) is limited to buildings and other support infrastructure, with caverns and pipes…
Iran’s electricity grid will be connected with Russia and Azerbaijan in a few months, once grid compatibility studies are completed, Iran’s Energy Minister Reza Ardakanian said on Friday. Iran’s…
Hess may attempt to load a cargo of crude oil from Libya’s Es Sider port this week. If successful, the loading represents a glimmer of hope for oil-rich Libya who…
BP is making its first move into the offshore wind market with a strategic partnership in U.S. offshore wind assets with Equinor in a deal worth US$1.1 billion. Under the…
The historic diplomatic deal between Israel and the United Arab Emirates that was announced on August 13 added yet another layer of difficulty to the geopolitical…
The members of the Colorado Oil and Gas Conservation Commission (COGCC) supported four-to-one a proposal to extend the setback for oil wells from homes and schools to 2,000 feet—four…