Article Archive

Dec 07, 2021 at 13:07

After a sharp plunge that saw oil prices collapse below $70/bbl for the first time in months, the oil bulls appear to be back in control.

Dec 07, 2021 at 13:32

The first major contracts for Saudi Arabia’s Jafurah field – supposedly, the biggest shale gas field outside the U.S. – were awarded last week, as the Kingdom aims…

Dec 07, 2021 at 12:05

A flood of bullish factors have sent oil prices higher at the start of the week, with fears about Omicron fading on the back of some promising reports.

Dec 07, 2021 at 12:50

Saudi Aramco is selling 49 percent of its gas pipeline network to a consortium led by BlackRock, for which it will receive $15.5 billion—another step of the Saudi oil giant’s…

Dec 07, 2021 at 11:51

On Tuesday, European natural gas futures jumped after U.S. and European allies weighed new sanctions against Russia if it should invade Ukraine. Cold weather is not the only driver of natgas…

Dec 07, 2021 at 11:12

Is the era of Big Oil coming to an end? Worldwide, industry and policy leaders are finally making earnest pledges to decarbonize. The United States has passed a…

Dec 07, 2021 at 09:31

Oil prices rose early on Tuesday for the second day in a row, as traders are cautiously optimistic that the new Omicron COVID variant would not lead to massive lockdowns…

Dec 07, 2021 at 08:48

A rushed transition into renewable energy would cause spiraling inflation and social unrest, the chief executive of Aramco warned at the World Petroleum Congress in Texas this week, noting that…

Dec 06, 2021 at 17:17

Helium is already 100x more expensive than natural gas—even with skyrocketing oil and gas prices. And the helium land rush is on in full force. It’s made easier by the…

Dec 06, 2021 at 12:33

Given the extreme disconnect between China’s huge economy-driven oil and gas needs and its minimal level of domestic oil and gas reserves, the country’s influence over oil prices…

Dec 06, 2021 at 09:27

In Austin, Texas, Elon Musk is building his Tesla Cybertruck plant… And at the same time, Tesla is developing a new

Dec 07, 2021 at 07:27

In Austin, Texas, Elon Musk is building his Tesla Cybertruck plant… And is developing a new technology to supply their huge lithium requirements. Even Samsung is moving production…

Dec 06, 2021 at 12:21

Early this year, the World Bank named Iraq, Libya, Venezuela, Equatorial Guinea, Nigeria, Iran, Guyana, Algeria, Azerbaijan, and Kazakhstan as the most vulnerable oil-producing nations due to their…

Dec 06, 2021 at 12:25

Back in June, France's biggest energy company, Total SE, finalized a name change to TotalEnergies SE (NYSE:TTE), signaling a…

Dec 06, 2021 at 15:31

Global natural gas prices are set for another year of volatility, following 18 months of swings from record lows to record highs. As natural gas demand started to rebound this…

Dec 06, 2021 at 13:16

California is by far the most ambitious U.S. state when it comes to things like emission standards, EV sales, and renewable energy. California is shutting down its nuclear…

Dec 06, 2021 at 12:17

Nigeria has had to face countless challenges in the past months, ranging from purely oil-related supply disruptions and oil spills to just casual violence making it really hard…

Dec 06, 2021 at 11:32

Despite the company's good year so far, Exxon's coming pay raises for employees will come in below inflation, new reports suggest.  Salaries are going to rise about 3.6% for employees…

Dec 06, 2021 at 11:03

The benchmark natural gas prices in Europe continued to fall on Monday, for a third trading day in a row, as forecasts of milder weather this week and sufficient LNG…

Dec 06, 2021 at 09:58

Amid heightened worry about the course of the pandemic after the emergence of the Omicron variant, Saudi Arabia injected a dose of confidence in markets by raising its official selling…