Citigroup Says 42% of Clients Have No Energy Transition Plan
Charles is a writer for Oilprice.com
Airlines are locking in cheap oil for the next few years, taking advantage of what could end up being a temporary period of low prices.…
The U.S. Justice Department is seeking to block the merger of Baker Hughes and Halliburton, preventing the tie-up of the second and third largest oilfield…
A new round of United Nations sanctions on North Korea has a lot of loopholes, and China is only enforcing those that hit at Pyongyang’s…
Singapore, once a preferred hub for oil and gas exploration companies, is losing its world class status as four of the world’s top multinational subsea…
Saudi Arabia has reportedly banned Iranian oil tankers from entering its waters in an effort to slow Iran’s oil exports. The FT reports that Iranian…
Iraq may be the fastest-growing oil producer as of 2015, but it’s about to fall apart at the seams, with the war against the Islamic…
U.S. motorists are taking advantage of cheap gasoline, fueling up and hitting the roads. According to the EIA, gasoline demand is at a record high…
After staging a 50 percent rally between February and March, oil prices have bounced around, moving up or down on a given day depending on…
The U.S. Securities and Exchange Commission is looking into SunEdison to see whether or not the company exaggerated its cash on hand in disclosures last…
The massive Leviathan gas field was discovered in Israel’s offshore Levant Basin over six years ago, and while it theoretically puts Israel on the global…
The oil majors failed to replace all of the oil and gas reserves that they burned through in 2015, a worrying sign for the industry’s…
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it…
Environmental groups and local activists barged into an auction being held in New Orleans on March 23, disrupting a lease sale for oil and gas…
The crash in LNG prices has claimed a major victim. Woodside Petroleum and its partners, which include Royal Dutch Shell, BP, and PetroChina have decided…
As the Belgian capital, Brussels, deals with the immediate aftermath of coordinated terrorist attacks on the international airport and subway system that killed as many…
Four people have been killed in a suicide bombing in Turkey’s largest city, Istanbul, as the Islamic State makes its presence felt more tangibly in…
BP and Statoil have announced that they will temporarily withdraw some of their staff from two natural gas treatment plants in Algeria after the facilities…
The way things are shaping up on the oil price panic barometer, 17 April is now a D-Day of sorts for the industry. It’s the…
After five decades of oil and gas exploration stagnation and mismanagement of natural resources under military rule, Myanmar (formerly Burma) in March elected its first…
Royal Dutch Shell and Saudi Aramco appear to be getting a divorce, breaking up their joint venture in U.S.-based refining assets. The two companies joined…