Charles is a writer for Oilprice.com
An Israeli firm has announced the first superfast EV battery that can charge in just five minutes. The technology could spark a true EV revolution…
Norway has awarded 61 offshore exploration licenses to 30 companies in the latest annual licensing round for oil and gas exploration in mature areas on…
The Abu Dhabi National Oil Company (ADNOC) is looking to form partnerships with companies from the United States to develop unconventional oil resources in the…
The French central bank will reduce its exposure to the oil and gas industry over the next four years as part of efforts to redirect…
Tankers carrying oil from Iran to Syria have been intercepted in the Red Sea and delayed shipments of oil to Syria, the Prime Minister of…
Russia’s flagship crude grade, Urals, has seen higher demand from European refiners, with prices rising accordingly, since Saudi Arabia announced a surprise additional production cut…
A leak that forced the shutdown of an oil pipeline in Libya has reduced its recovering oil production by as much as 200,000 bpd, Bloomberg…
Tesla is clearing all inventory of Model S and Model X across stores and showrooms, multiple reports say, suggesting that the electric vehicle maker is…
Venezuela is opening up to foreign investment in its oil industry, President Nicolas Maduro said this week, in a bid to reverse a catastrophic drop…
Days before the end of the current Administration, a U.S. banking industry regulator finalized a rule under which large American banks cannot deny lending money…
The Trump Administration is banning as of November 2021 the holding of shares in any Chinese company defined by the U.S. as having links to…
Texas and Oklahoma in the United States are more attractive for oil investors than Alberta, the Fraser Institute, a Canadian think-tank, has reported based on…
U.S. oil producers should tread carefully this year and avoid boosting production, which could lead to another price slump, the energy minister of the United…
Enbridge rejected on Tuesday the notice of Michigan Governor Gretchen Whitmer to close its Line 5 pipeline, saying that it has no intention of shutting…
Shell will be cutting 330 jobs from its North Sea operations, mostly office jobs based in Aberdeen, the supermajor said on Tuesday, as carried by…
Natural gas reserves in the United States fell by 2 percent in 2019 due to low prices, the Energy Information Administration said in an update…
Tesla may be closer to producing the US$25,000 electric vehicle sooner than the market thought, according to media reports. At Tesla's Battery Day in September…
The United States is designating the Iran-aligned Houthi rebels in Yemen as a foreign terrorist organization, U.S. Secretary of State Mike Pompeo said on Sunday,…
India's crude oil demand last year fell for the first time in more than 20 years because of the Covid-19 pandemic, Bloomberg has reported, noting…
The Republican legislators in North Dakota proposed a new $1.1 billion bonding package for infrastructure projects, planning to use proceeds from oil and gas to…