Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
Iranian crude exports exceeded 1.5 mb/d in May, the highest level since 2018 despite the country still being under U.S. sanctions. Last month Tehran said it…
China has delivered its first smart floating production storage and offloading (FPSO) with land-sea integrated operation system, marking a breakthrough in the country's application of the digital…
A maintenance outage at Norway's Nyhamna gas processing plant will take at least a month longer than anticipated due to problems with the plant's cooling system, plant…
The China National Petroleum Corporation (CNPC), the government-owned parent company of PetroChina, and Cnooc (OTCPK: CEOHF) has kicked off ultra-deepwater exploratory drilling for oil and gas as the country looks…
Over the past decade, green and socially-responsible investments, aka ESG (Environmental, Social, and Governance) investing, have emerged as one of the biggest investment megatrends in…
The European Central Bank (ECB) has hiked interest rates by 25 basis points to 3.5%, the highest level in 22 years on Thursday. ECB did…
Heavy trading in Dubai oil has lifted its premium to WTI crude to its highest since late March, a development that could make U.S. crude…
Russia has reportedly paid dividends from the Sakhalin 1 and 2 oil projects in Chinese yuan, a shift from its usual practice of paying in dollars,…
The Paris-based International Energy Agency (IEA) has predicted that global oil demand will peak before the end of the current decade as the transition to…
Ten months after its shutdown, Freeport LNG trains are back online for its Quintana Island, Texas, facility, enabling the restoration of deliveries to major companies…
U.S. consumer prices climbed a paltry 0.1% in the month of May, smaller than the 0.4% increase the previous month as falling fuel and electricity…
The last two energy crises that threatened hundreds of energy companies with bankruptcy have rewritten the O&G playbook. At the height of the shale boom, …
Two oil tankers have collided in the Irkutsk region in Russia's thanks to a captain operating under the influence of alcohol, causing oil spillage into…
The oil markets continue to be volatile and unpredictable, with WTI and Brent crude making significant gains on Tuesday’s morning session just a day after…
After a relentless month’s-long climb, U.S. national average gas prices have stabilized, with the current price of $3.594 for a gallon of regular unleaded gasoline…
Pakistan’s petroleum minister Musadik Malik has revealed that his country paid for its first imports of discounted Russian crude in Chinese currency. According to Malik,…
Oil markets have kicked off the new week on a sour note with both Brent and WTI crude sliding over $3 per barrel after Goldman…
Over the past two years, solar manufacturers have been hampered by supply chain disruptions including increasing material costs for polysilicon. Indeed, last year, Rystad Energy…
Oil markets have become highly volatile in the current week as traders try to make sense of a mix of both bullish and bearish drivers.…
The World Bank has reported that Russia’s economy will contract a mere 0.2% in the current year, way less than last year’s 2.1% dip thanks…