Charles is a writer for Oilprice.com
Hess Corporation’s shareholders are set to vote on Tuesday on Chevron’s proposal to buy the company in a vote that’s too close to call amid…
Aramco’s shares climbed slightly higher today after media reports that the company planned to sell more shares as soon as next month. The news about…
The new chief executive of Petrobras, Magda Chambriard, has promised investors they will see stronger returns during her tenure, seeking to alleviate worries that the…
Summer markets for refined oil products are anticipating big numbers, with the AAA teasing the potential for a 4.8% surge in Memorial Day weekend air…
The European Union approved on Monday a set of rules and regulations that will impose methane emissions limits and monitoring of the EU’s energy sector and…
Global oil demand is set to grow for at least another decade, according to Goldman Sachs analysts, who see slowing momentum of electric vehicle sales…
Iran plans to increase its crude oil output to 4 million barrels daily, the country’s Tasnim news agency reported, as cited by Reuters. No specific sources for…
The government-owned Development Bank of Southern Africa (DBSA) is in talks with South African ministries to set up an office to manage auctions of power…
Russia’s primary oil refining capacity that is idled this month is 12% of its total primary refining units, per Reuters estimates on industry sources data. Due to…
The OPEC+ alliance will hold its meeting in early June a day later than initially planned and via a video conference instead of in person,…
The China National Offshore Oil Co, or CNOOC, has signed an exploration and production deal for five oil and gas blocks in Mozambique, Reuters reported, citing…
Spanish utility giant Iberdrola is in search of a buyer of 50% of a portfolio of wind and solar projects under development in the United…
European benchmark natural gas prices rallied on Wednesday and early Thursday amid growing supply concerns and forecasts of lower wind power generation later this week.…
Two separate agencies regulating Nigeria’s oil industry have offered wildly different figures for the country’s actual oil production, with one agency recording a 17% shortfall…
The scandalized Malaysian sovereign wealth fund 1MBD has filed a lawsuit against PetroSaudi International CEO Patrick Mahoney for $1.83 billion over what it says was…
Brazil’s state oil major Petrobras has agreed with the country’s antitrust regulator to stop selling refineries in order to boost its processing capacity. Five years…
Up to 25 named storms for this year’s hurricane season could wreak more havoc on the American oil and gas industry than ever before, the…
American oilfield services provider and pipeline operator Kinder Morgan has acquired nearly 12,000 acres of Texas oil and gas producing assets in its quest to…
Shell is planning extensive work and a turnaround at the Energy and Chemicals Park Rheinland near Cologne, Germany’s biggest oil-refining complex, in the autumn of…
Europe needs to double its annual investments in grids to keep net zero in sight by enabling electrification of transport, heating, and industry, and integrating…