The Trump administration announced a major policy change in an effort to win back farm country, allowing the year-round sale of a higher concentration of ethanol. Coinciding with a campaign…
The two new forces in the global liquefied natural gas (LNG) market—the United States as a supplier and China as a buyer—are locked in an escalating trade war, which saw…
Climate scientists are not known for giving good news, and the UN’s Intergovernmental Panel on Climate Change that convened in South Korea was no exception: the scientists that compiled
Amid the ongoing trade war between the U.S. and China, it seems that Beijing may be getting the short end of the stick already. On Sunday, the People’s Bank of…
Oil prices recovered on Tuesday morning, with WTI breaking the $75 mark and Brent climbing above $85 per barrel. (Click to enlarge)
Two of the leading offshore drilling contractors have agreed to merge creating an industry-leading drilling contractor capable of working across all water depths with a truly global footprint.
U.S. crude oil exports could increase to 3.9 million bpd by 2020, mostly driven by rising production in the Permian, the Houston Chronicle reported on Tuesday, citing a new…
Oil and gas field operators in the Gulf of Mexico began to evacuate platform staff and shut in production ahead of Hurricane Michael, which is expected to make landfall in…
Production and operating costs of oil and gas field operators in the UK North Sea section went up by about 2 percent last year, the Oil and Gas Authority—the national…
Oil prices rallied last week to their highest level since November 2014, with Brent Crude hitting $86 and WTI Crude rising above $75 a barrel at one point…
Oil prices cooled off in recent days as fears of an acute shortage of supply stemming from sanctions on Iran started to subside. At least two companies in India have…
Amid never ending talk and speculation over how many more barrels of Iranian oil will be removed from global markets once sanctions slated to hit Iran’s oil production on November…
Renewable energy is growing at a blistering rate, but clean energy is also nowhere near what is needed to avoid some of the worst effects of climate change, according to…
Last year, when Oilprice wrote about a rush of investments into North Sea oil and gas, it looked like that part of the oil world was undergoing a seismic…
The market will never buy Saudi Arabia’s claim that it has been compensating for the loss of Iran’s oil exports, Iranian Oil Minister Bijan Zanganeh said on Monday, adding…
Iran’s crude oil exports plunged to 1.1 million bpd in the first seven days of October, sliding further down from 1.6 million bpd in September as we are just four…
Renewable power generation will come to account for a third of the total by 2023, the International Energy Agency said in its latest report on the industry, Renewables 2018.…
The Yemeni Houthi rebels have detained 10 vessels, including fuel tankers, at the port of Hodeidah, and are preventing them from offloading their cargo, The National reports, citing Yemen’s…
The debate about peak oil demand always tends to focus on how quickly electric vehicles will replace the internal-combustion engine, especially as EV sales are accelerating. However, the petrochemical sector…
Tesla’s competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids. All…