Charles is a writer for Oilprice.com
Bloomberg News reported on March 26 that the possibility of the U.S. releasing emergency stockpiles of oil in order to punish Russia is gaining a…
In the fourth quarter of 2013, the United States produced 7.84 million barrels of oil per day, according to new data from the Energy Information…
Japan slashed the rate that solar power earns on the grid by 11%, down to 32 Yen (31 cents) per kilowatt-hour. Beginning in the new…
Chevron Corp is seeking $32.3 million in legal fee reimbursements after a US federal judge ruled in its favor earlier this month in a record…
New data from the U.S. Energy Information Administration shows that in September 2013 China surpassed the U.S. to become the world’s largest importer of oil…
The landmark energy reform passed last year as part of Mexican President Enrique Pena Nieto’s agenda opened up Mexico’s oil sector for the first time…
President Obama recently told a group of governors in a closed-door meeting that he would make a decision on the infamous Keystone XL pipeline within…
Just two weeks after the US government lifted a 16-month ban on new federal contracts for BP Plc, the company placed the winning bid on…
Chesapeake Energy Corp., the second-largest US natural gas producer, has announced plans for a possible spinoff of its oilfield services unit to unload some $1…
Rising demand around the world for solar energy is lifting the industry into profitability after years of oversupply. For years, solar manufacturers, spurred on by…
The Kurdish economy is facing some of its worst problems in years as Baghdad has halted funding to the regional government due to the ongoing…
A team of U.S. Navy Seals boarded an oil tanker near Cyprus late Sunday night, gaining control of the ship that had been seized by…
A series of earthquakes hit eastern Ohio on March 10 prompting officials to halt hydraulic fracturing operations as they investigated the cause. The earthquake occurred…
Authorities in Albany County, New York have issued a moratorium on Bakken crude oil processing at the Port of Albany pending a public health investigation.…
The President of Mexico’s National Hydrocarbons Commission stated on March 12 that Mexico will release years of seismic data that will help the country attract…
Over a month after Nigerian President Goodluck Jonathan suspended the country’s Central Bank governor after he blew the whistle on $20 billion in oil money…
Oil and gas operators are continuing to improve their drilling techniques, leading to increases in total output on a per-rig basis. New data from the…
Republican Senator John Barrasso (WY) plans on attaching his bill that authorizes more LNG exports to an aid package for Ukraine. Sen. Barraso originally introduced…
The Libyan government ordered its armed forces to fire upon an oil tanker that was docking at a port in rebel controlled territory. The North…
Enbridge got the go-ahead to reverse the flow of a pipeline that stretches across Canada. The National Energy Board of Canada approved the company’s plan…