Charles is a writer for Oilprice.com
QatarEnergy and India are expected to sign soon a new long-term LNG supply deal under which Qatar is set to offer cheaper and more flexible…
The cold spell that began earlier this month has prompted the shut-in of 15% of refining capacity along the Gulf Coast. The data comes from…
As much as 80% of the crude oil produced in the UK section of the North Sea is getting exported, The Guardian has reported, citing…
Shell has begun hundreds of layoffs, sources with knowledge of the matter told Bloomberg on Thursday, as the supermajor looks to create more value through simplification and…
Global coal-fired power generation reached a record-high level in 2023, per data from environmental think tank Ember reported by Reuters columnist Gavin Maguire. As countries,…
Weakening oil demand growth and higher-than-expected U.S. oil production may force OPEC and the OPEC+ group to make deeper cuts to production levels if they…
Saudi Aramco is more than doubling funding to its venture capital arm by injecting an additional $4 billion funding, the Saudi state oil giant said on Wednesday.…
Refineries in China processed record volumes of crude oil last year, with the average at 14.7 million barrels per day, which was a 9.3% increase…
A lawsuit in a U.S. court is accusing American oil and gas producers, including Hess, Pioneer Natural Resources and Occidental Petroleum, of price-fixing by conspiring…
The U.S. military has seized a vessel transporting Iranian missile parts to Yemen’s Houthi rebels, military officials said on Tuesday. The raid was conducted last…
Shell will exit Nigeria’s onshore oil and gas after agreeing to sell its onshore assets in the largest African OPEC producer, the UK-based supermajor said on Tuesday,…
The world would find itself short of oil from 2025 onwards as exploration for longer-producing crude reserves is set to lag demand growth, Vicki Hollub,…
Shell has suspended indefinitely all its shipments via the Red Sea/Suez Canal route amid rising tensions in the region and fears of escalating Houthi attacks…
The Yemeni Houthis have said all U.S. ships passing through the Red Sea will be targeted from now on following last week’s missile strikes by…
A missile attack carried out by Iran’s Islamic Revolutionary Guard Corps killed a prominent Kurdish energy businessman at his home in Erbil. Some outlets note…
The discount at which Canadian crude trades to U.S. WTI narrowed this week after the country’s energy regulator approved a change in the construction plans…
Prices at U.S. gas stations have ticked upwards after two weeks of declines, with the escalating situation in the Red Sea creating significant volatility, according…
Following an emergency stoppage at Russia’s Lukoil refinery in Nizhny Novgorod on Friday, Reuters reports via Interfax that Moscow is contemplating a ban on gasoline…
Iran’s consumption of low-quality residual heavy fuel oil has jumped at cement factories in recent months amid natural gas shortages in the winter, a cement industry…
Hours after targeting a U.S. warship with a cruise missile in the Red Sea, Yemen’s Iran-backed Houthis fired a missile and struck a U.S.-owned merchant…