Nigeria is preparing for an extended period of low oil prices, Muhammadu Buhari, the president of the biggest oil producer in Africa, said…
The global COVID-19 pandemic led to an abysmal second quarter for the earnings of U.S. oil companies, but oil prices themselves staged a recovery during the quarter.
Refineries along the Gulf Coast began to restart a day after hurricane Laura made landfall in Louisiana, most of them only suffering minimal or no damage.
The rise of renewable energy sources and the decarbonization of the grid will need new energy storage installations in the coming years to provide flexible energy and capacity.…
Maritime transport is one of the largest consumers of fossil fuels and, as such, a natural target for those looking for cleaner alternatives. Making ships electric was a…
ESG (Environmental, Social, and Corporate Governance), like pretty much everything else in this increasingly partisan world, has become an extremely divisive topic in the business sector. While many…
A brand new electric car is preparing to hit the U.S. and it’s either going to take EVs by storm because it’s super cheap, or it’s going to…
Problems With Renewables The problems with renewable energy are, by now, common knowledge for most. From intermittency to storage limitations, high upfront costs and geographic restrictions, each of…
Acceptance is the first step to recovery. One of the world’s dirtiest industries seems to have taken this tenet of the 12-step program to heart. It knows it…
It would be better for Russia if oil prices were higher than $46 a barrel, Russian President Vladimir Putin said on Thursday. In an interview with Russian TV channel Rossiya,…
Indian refiners have stopped buying crude oil from Chinese sellers, according to a Reuters report that cited unnamed sources. The move, according to the report, comes as a result…
The COVID-19 pandemic has turned the entire world upside-down, but it has also highlighted some of our biggest shortcomings. From energy usage to infrastructure and public policy, there…
Norway's Equinor will not drill any more wells in the U.S. shale patch this year as it adjusts to a lower-for-longer oil price environment, a spokesperson for the company said…
Laura made landfall as a Category 4 hurricane in southwestern Louisiana near Cameron, with wind speeds reaching 150 mph and torrential rains drowning the coastal line. Ahead of Laura’s…
Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly…
One of the three key priorities for Iran – along with completing all of the phases on its supergiant South Pars natural gas field and expanding its value-added petrochemicals sector…
The U.S. work to have Iran’s influence on Iraq’s energy sector reduced made progress last week when Iraqi Prime Minister Mustafa Al-Kadhimi visited Washington for high-level meetings with…
The Covid-19 pandemic and the oil crisis have taken a heavy toll on demand for transport fuels such as gasoline and jet fuel leading to severe margin compression for refineries.…
In a world awash in LNG, any news about more production capacity sounds illogical. Nevertheless, this is what U.S. energy companies are doing: they are boosting their production and export…
The U.S. nuclear industry, with a fleet of plants already outdated and a bit shabby, has never been able to recover from the market’s inundation with cheap fossil…