Charles is a writer for Oilprice.com
New Mexico’s high dependence on oil and gas leases, taxes, and royalty payments are threatening the fiscal stability of the state as the oil price…
The United States and Poland closed a nuclear power deal potentially worth $18 billion as the Central European country seeks to reduce its reliance on…
Renewable energy consumption in the United States continued to rise for the fourth year in a row in 2019, with wind energy and wood and…
U.S. oil and gas producer ConocoPhillips unveiled on Monday a target to reduce emissions from its operations to net zero by 2045-2055 in a first…
Japan will release a million tons of water used in the Fukushima nuclear power plant into the sea, the BBC has reported, citing Japanese media.…
Illinois approved this week the plan for the Dakota Access Pipeline to double its capacity from 570,000 bpd to 1.1 million bpd, thus becoming the…
Argentina unveiled this week a new plan for natural gas development, looking to attract US$5 billion in company investments to revitalize gas production in the…
Crude oil production in South Sudan has declined to 165,000 bpd from 185,000 bpd due to the pandemic, floods in some parts of the country,…
Alberta’s government plans to resume oil and gas lease sales by the end of the year to encourage companies to invest in the province, Alberta’s…
The Nigerian National Petroleum Corporation (NNPC) said in a very rare financials release on Thursday—the second in over four decades—that its losses shrank by 99.7…
Democrat members of the House Natural Resources Committee are pushing for a permanent ban on all offshore oil and gas leasing in Atlantic and Pacific…
Company responses to the coronavirus pandemic may have contributed to deteriorating safety at Norway’s oil and gas infrastructure, which has seen 50 serious incidents so…
Oil product demand in India is picking up, and refiners are increasing refinery runs ahead of two of the country’s biggest festivals, Navratri and Diwali.…
The OPEC+ group plans to taper the ongoing oil production cuts as of January 2021, as initially agreed, the energy minister of OPEC’s third-largest producer,…
China imported 416 million tons of crude oil during the first nine months of the year, up 12.7 percent on the year, in the latest…
U.S. electric vehicle maker Tesla will be releasing its Full Self-Driving (FSD) beta version to a limited number of customers next week, as promised, Elon…
Diesel demand in India, which has been the key driver of the country’s economic growth in recent years, is struggling to catch up with gasoline…
Oil and gas companies operating in the Gulf of Mexico are beginning to return evacuated staff to offshore platforms after Hurricane Delta, Reuters reported, citing…
The pandemic and the resulting plunge in air travel have caused airlines to largely abandon oil hedges against higher oil prices, thus making it more…
Saudi Arabia is mulling over canceling a planned relaxation of OPEC oil production cuts due to enter into effect next January, the Wall Street Journal…