Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
China’s giant refiner Sinopec Corp. has said it will not acquire Shell Plc’s (NYSE:SHEL) refinery or petrochemical plant in Singapore but will instead invest in Saudi Aramco’s Jafurah…
A fresh study on Appalachian has revealed that the shale gas boom in those regions not only failed to replace losses from the steel industry…
Back in March 2022, shortly after Russia’s invasion of Ukraine, President Biden signed an executive order that banned the import of Russian oil, liquefied natural gas, and…
Prospects of reviving the Iran nuclear deal have swung dramatically, from near certain in March 2022 to almost nil by the end of the year…
Swiss trader Gunvor has seen profits fall in the first half of this year, and has more than doubled its provision for an expected fine…
India’s slowing oil demand growth will act as a drag on oil prices despite consumption recently hitting record highs, Reuters market analyst John Kemp has…
OPEC heavy-hitters Saudi Arabia, UAE and Iran as well as Argentina, Egypt and Ethiopia have received an invitation by the 5-nation BRICS organization to join…
The seven-week old oil price rally triggered by tightening oil markets has suddenly hit the skids after weak economic data coming from China weighed on…
The volume of natural gas flowing to LNG giant Cheniere Energy's (NYSE:LNG) Corpus Christi export plant in Texas was on track to decline nearly 30%…
Record amounts of money are still flowing into fossil fuel subsidies two years after the world’s top economies pledged to cut them. In 2021, the…
A dry bulk ship chartered by agricultural and bioindustrial specialist Cargill Plc has set out on its first voyage after being fitted with special sails…
Saudi Arabia is likely to extend its voluntary 1 million-barrel oil supply cut for the third consecutive month into October amid uncertainty about supply, five…
The United States’ largest producer of liquefied natural gas (LNG), Cheniere Energy (NYSE:LNG), has struck a deal with Germany’s BASF SE (OTCQX:BASFY) to supply the…
Dallas-based private equity firm Merit Energy Co has set aside $1 billion, including $485 million in a just-closed fund, in dry powder through a strategy…
Nigeria's former oil minister and OPEC president Diezani Alison-Madueke has been charged with bribery offenses she committed during her time as Nigeria's oil minister, the…
Big oil and gas companies like Exxon Mobil Corp. (NYSE:XOM) and Shell Plc (NYSE:SHEL) have been working with social media influencers and PR firms that help them…
For the first time ever, Indian Oil Corp. has purchased oil from the Abu Dhabi National Oil Company and settled using Indian rupees. The company…
Ecuadorians have voted against drilling for oil in a protected area of the Amazon that’s home to two uncontacted tribes and is a hotspot of…
More than 50 companies from around the world are jostling to negotiate lithium deals under Chile’s new public-private model. Until now, U.S.-based Albemarle (NYSE:ALB) and Chile-based Sociedad Quimica…
The United Commerce Department will finalize a decision on Friday to impose import duties on solar panel manufacturers who made their products in Southeast Asian nations in…