New research from Goehring and…
Oil markets were looking forward…
Morgan Stanley remains pessimistic about…
The oil market balance as OPEC and allies set in their production cut deal—bringing inventories down to their five-year average—could be reached in two or three months or so, Neil…
The Abu Dhabi National Oil Company (ADNOC) is offering six oil and gas blocks for bidding in a first-ever competitive exploration and production bid round as part of its…
Venezuela’s National Constituent Assembly has finally given the go-ahead to the country’s oil-backed cryptocurrency, El Petro, after the parliament declared it unconstitutional. According to a statement by Vice President…
France’s oil major Total and Saudi Aramco signed on Tuesday a memorandum of understanding to build a giant petrochemical complex in Jubail, Saudi Arabia, which will see total investments…
Energy relations between the United States and China will deepen in the future, the chairman of state energy giant CNPC, Wang Yilin said in an interview with Bloomberg this week…
Canada’s federal cabinet is to hold an emergency meeting today after yesterday Kinder Morgan’s Chairman Steven Kean warned that the company will suspend work on the Trans Mountain…
Australia is expecting an increase in the value of LNG exports from $23 billion to $39 billion, Australia’s Department of Industry, Innovation and Science said on Monday in its publication,…
Tesla’s stock fell on Monday after a new recall by China’s quality watchdog was issued on Monday for Tesla vehicles in China. Today’s recall announcement is in addition to…
Normalizing relations between the Iraqi central government and Iraqi Kurdistan will take a new twist beginning in May when Iraq’s top court starts hearings on the issue with officials…
The UK government could be on its way on agreeing a massive support package—dubbed a sector deal—with the North Sea oil and gas industry, the Scottish Secretary of State David…
Saudi Arabia’s stock exchange Tadawul is experiencing an influx of foreign funds and expects even more in the future, confident that this will enable the bourse to accommodate the listing…
Saudi companies are prepared to invest billions in petrochemicals production in Texas, taking advantage of the abundance of cheap natural gas in the Permian and elsewhere in the shale…
Managers from Norwegian oil services company Aker Solutions are travelling to the Mariner platform in the North Sea where workers launched an unofficial strike over the weekend demanding better…
Kinder Morgan will suspend its Trans Mountain pipeline expansion project entirely if the legal issues surrounding it cannot be resolved by May 31, Chairman Steve Kean said, adding the…
Russian companies are expected to invest US$22.5 billion (1.3 trillion rubles) in oil production this year, with crude output and exports forecast at the same levels as in 2017, Russia’s…
China invested a total of US$126.6 billion in renewable energy in 2017, the highest figure ever and accounting for 45 percent of global green energy investment, the ‘Global Trends in…
The shale boom in the Permian where companies are intensively drilling while keeping costs low has led to an unprecedented electricity demand in West Texas, straining the grid as local…
BP downplayed the risks of an oil spill in the Great Australian Bight, and even suggested that cleanup efforts—in case of such a spill—would be a “welcome boost” to the…
Lego’s owners are planning to spend more on renewables, after determining that what used to be an merely an ideal-driven investment strategy now makes financial sense too, Bloomberg reports,…
Just days after Elon Musk’s not-so-well-received April Fool’s tweet that spoke of Tesla’s imminent bankruptcy in jest, one analyst is predicting that that doesn’t seem so foolish after all. The…