Andy Tully is a veteran news reporter who is now the news editor for Oilprice.com
Schlumberger Ltd., the world’s largest oilfield-services company, is revising its outlook for a recovery in energy prices, and says it plans to reduce spending, through…
Ten of the world’s largest oil and gas companies, who make up a group called the Oil and Gas Climate Initiative (OGCI), say they support…
A recent earthquake in north-central Oklahoma is raising concerns that seismic instability in the region could threaten a large nearby oil-storage complex.The quake occurred on…
The recall orders have finally begun. The government of Germany, one of Volkswagen’s most crucial markets, has directed the company to recall 2.4 million of…
Iran is ready to begin curtailing its nuclear program now that the country’s Guardian Council has given final approval for the nuclear agreement Tehran worked…
It didn’t take Russian billionaire Mikhail Fridman long to restore his presence in the North Sea oil industry. At the start of this week his…
After years of drilling, the North Sea is beginning to run low on its gas and oil reserves, but Norway’s Statoil has begun using “subsea…
Solar photovoltaics can generate clean electricity, but until recently one major barrier to greater adoption is the fact that solar panels have been prohibitively expensive.…
OPEC’s outlook for the coming year is optimistic, with the cartel claiming the global demand for the oil produced by its 12 members will be…
California, a leader in the United States in adopting electric cars, is experiencing the growing pains that accompany any paradigm shift: Its roads are being…
LetterOne, the investment fund owned by Russian billionaire Mikhail Fridman, has sold its gas fields in the British North Sea to the giant Swiss petrochemical…
The decision by Britain’s Conservative government to cut subsidies supporting renewable energy has thrown at least one British company into bankruptcy, forcing it to lay…
Saudi Arabia has reportedly resorted to spending cuts to cope with a budget deficit caused by the steep decline of oil prices over the past…
Iran says it is ready to offer more than 50 projects for energy exploration and production to investors so that it can return quickly to…
Energy geologists estimate that billions of barrels of crude oil are available in shale in the occupied Golan Heights, but will Israel be able to…
Senate Republicans, eager to pass legislation that would lift the 40-year-old ban on virtually all exports of U.S. crude oil, repeatedly tried to persuade Energy…
Oil industry leaders say they see the price of crude on the verge of recovery, though it’s not clear how quickly it will rise. The…
UK Energy Secretary Amber Rudd says Britain’s Conservative government is determined to cut subsidies to companies developing clean energy alternatives to oil and gas, and…
In announcing the settlement reached by BP with the U.S. Justice Department and five states, Attorney General Loretta Lynch said the British energy giant got…
Congress is getting closer to voting on ending the 40-year-old ban on exporting U.S. crude oil, but even if the measure passes, it’s not clear…