Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
Climate activists have scored yet another victory against Big Oil after Norway’s giant sovereign wealth fund announced it will support proposals by ExxonMobil Corp. (NYSE:XOM)…
Energy markets have been lackluster in the current year, and it appears the malaise and bearishness have spread into the M&A sector. Oil and gas…
The U.S. Bureau of Ocean Energy Management (BOEM) has given the Gulf of Mexico the environmental green light for offshore wind energy development on the…
U.S. financial markets breathed a collective sigh of relief on Monday after negotiators from Democratic and Republican parties reached an agreement to raise the debt limit on…
Oil markets have kicked off the new week on a slightly sour note with leading benchmarks recording minor gains. WTI crude was up 0.37% to…
Brazilian national oil company Petroleo Brasileiro SA (NYSE:PBR) has launched a new commercial portfolio for natural gas in a move that will see the company…
The amount of capital investment flowing into the solar sector is poised to overtake the amount of investment going into oil production for the first…
Oil prices recorded big declines on Thursday, with WTI and Brent crude down 3% on the intraday session as debt ceiling jitters overcame optimism about…
Norway's Aker BP (NYSE:BP) (OTCQX:AKRBF) has made a much bigger-than-expected oil discovery in the Yggdrasil area of the North Sea, the energy company reported on…
While Russian oil giant Rosneft and LNG giant Novatek are holding down the fort for shareholders, Gazprom is feeling the bite of Western sanctions, based…
Nowadays, the oil bulls just can’t catch a proper break. After a heavy selloff following the collapse of Silicon Valley Bank routed the markets, the markets returned…
The clean energy sector has lately been struggling, with higher interest rates and a weakening economic outlook outweighing considerable backing by the Biden administration. The iShares…
Oil prices were marginally higher on Monday’s trading session on rising belief that the U.S. will avoid a default. Front-month Nymex crude oil (CL1:COM) for…
Oil production in Iraq’s semi-autonomous Kurdistan Regional Government (KRG)-ruled region has continued to drop, extending a stoppage that has lasted nearly two months. Export flows…
Artificial Intelligence (AI) has emerged as some of the biggest secular megatrends of our time. AI is powering the fourth industrial revolution and is increasingly…
Over the past few years, Permian shale giant Occidental Corp.(NYSE:OXY) has become a darling of billionaire investors. Back in 2019, famous activist investor Carl Icahn bought…
Last month, we reported that energy experts have been growing increasingly bearish on the oil price outlook compared to previous sentiment. Four energy agencies including the IEA…
The oil markets remain highly volatile, but continue to have little forward momentum, with WTI prices resuming their negative trading to move away from the…
Norwegian energy consultancy Rystad Energy has warned that nearly 2.7 million barrels per day of Alberta oil sands production is in"very high" or "extreme" wildfire danger rating…
The much-touted second shale boom has lately been getting a reality check as equipment demand declines sharply, a worrying sign that drilling in U.S. shale…