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The U.S. nuclear industry, with a fleet of plants already outdated and a bit shabby, has never been able to recover from the market’s inundation with cheap fossil…
Increased electricity demand amid higher summer temperatures and lower natural gas prices sent natural gas-fired power generation in the Lower 48 states to a record 36 gigawatts (GW) on July…
There has been a slew of positive signs from the upstream industry: U.S. producers restarting shut-in wells in the shale patch, OPEC+ easing production cuts as they see…
It has been the bane of the electric vehicle revolution’s hopes—insufficient battery life. But now, Elon Musk has hinted that he might just have a solution to the thing that…
Crude oil price rallied further today after the Energy Information Administration reported a crude oil inventory draw of 4.7 million barrels for the week to August 21. At 507.8…
Tropical storm Laura has strengthened to a hurricane and is expected to grow further before striking the Gulf Coast as a Category 3 hurricane. The oil industry has evacuated…
Looking for potentially rewarding oil and gas stocks during the ongoing energy crisis can very much feel like dumpster diving. The energy sector has been deeply…
One of the main arguments against extensive solar power installations is that solar farms require a lot of land—land that the agriculture industry craves as well. But what if it…
The deeply impoverished South American country of Guyana in recent years was heralded as the hottest new oil boom in the Americas. A series of large offshore oil…
It is one of the most abundant shale plays in the world, with oil reserves of up to 16 billion barrels and gas…