Europe is so awash with natural gas amid weak demand and limited storage capacity that gas suppliers may have to cut flows to prevent natural gas prices from plunging further.…
The decades-old debate over nuclear fusion vs. fission is on the edge of a breakthrough as startup Commonwealth Fusion Systems wins over Bill Gates and…
Oil prices rose early on Tuesday as market participants hope that the OPEC+ group may decide in the coming days to roll over for a month or two the current…
Brazil’s Petrobras is one of very few oil companies with no oil storage problem, according to its chief executive. Roberto Castello Blanco said at an event yesterday that Petrobras’s oil…
OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome. Originally scheduled…
Project cancellations, spending cuts, well shut-ins: the problems and dilemmas plaguing onshore oil producers have also spread to offshore. And while the effects of the Covid-19 pandemic on…
An MIT spin-out company is planning to cross the commercial nuclear fusion finish line before anyone else, and big money is backing this game-changing tech that will dictate…
Proponents of renewable energy have faced criticism for years that while wind and solar power generate clean energy, the supply chain behind the technologies used in wind tower…
As uncertainty continues to wreak havoc on the global crude market, a surprising partnership between Amazon and one of Canada’s most controversial oil companies may be forming.
Moscow’s oil pricing dispute with the Government of Saudi Arabia, a domestic U.S. oil boom, and a fall in global oil demand since the COVID19 outbreak…
The oil industry only has two choices as it reshapes itself after the oil price crash — either become broader energy firms or pursue a narrower specialization in oil and…
Oil prices have come a long way since the deep dive into negative territory a month ago. One could argue that the price of West Texas Intermediate (WTI)…
Low-carbon technologies could disrupt global oil demand in the not-too-distant future the way COVID-19 crushed demand during the lockdowns worldwide, Mark Little, chief executive of one of Canada’s largest oil…
Saudi Arabia is likely to increase the price for its oil bound for Asia in July, a Reuters survey of five refinery sources showed on Monday. This is the second consecutive…
The next OPEC+ meeting, initially scheduled for June 9-10, could take place earlier than expected according to a Reuters report that cites a letter from the OPEC president of…
At the start of the global pandemic in March, refineries around the world had to cut back on processing amid collapsing demand. However, there is a structural problem…
The battle lines are already drawn in a high-stakes political contest that will ostensibly determine the fate of the American shale industry. On the blue corner is former…
The COVID-19 pandemic has hit every part of the energy industry, but investments in renewables are set to drop the least, while renewable energy stocks have outperformed the…
It’s off to the races for the world’s largest asset manager, BlackRock Inc. (NYSE:BLK). At a time when the majority of Wall Street’s mega banks are just starting…
The U.S. Presidential election coming up in November may well decide the fate of the infamous Keystone XL oil pipeline, with the conservative right and the liberal left…