Charles is a writer for Oilprice.com
French Renault and Chinese Geely are putting the finishing touches on a deal that will add Aramco to their partnership for the development and marketing…
The OPEC narrative for 2022 was largely about the realities of supply and demand against the backdrop of a post-pandemic war that sparked sanctions and…
China produced a record amount of coal last year although output ended the year with a decline amid the latest surge in covid infections. Total…
India’s imports of Russian crude oil hit a record high of 1.2 million barrels per day (bpd) in December, as deep discounts on Russian crude…
Italian oil and gas major Eni has announced a new gas discovery offshore Egypt, at the nargis-1 exploration well. The well was drilled in a…
Nigeria LNG, the company exporting liquefied natural gas from the African country, has canceled several shipments due to vandalism on gas pipelines that disrupted operations,…
China imported 10.17 million barrels of crude oil daily last year, down by almost a percentage point from 2021. This was the second annual decline…
Oil prices are trading up Thursday following the release of U.S. inflation data for December, showing a continued slowdown in the Consumer Price Index (CPI)…
Last week, Indonesia's government approved an offshore gas project with a price tag of over $3 billion. On the surface, that's just business as usual.…
Russia’s Defense Minister Sergey Shoigu has replaced the commander in charge of Moscow's war in Ukraine, appointing the current Chief of the General Staff, Valery…
Egypt exported some 8 million tons of liquefied natural gas last year, worth $8 to $8.5 billion, the country’s mineral resources ministry said this week,…
Once new European Union restrictions on Russian oil products come into force on February 5, Russia could face losses of around $300 million per day,…
Freeport LNG has denied a Reuters report citing unnamed sources as saying that the restart of its Texas facility will be pushed back to February…
Demand for liquified natural gas (LNG) vessels has declined due to Europe’s war winter, but natural weather conditions could ground vessels completely, meteorologists warn in…
No one has seen yet cases of a price cap on Russian crude oil, and Russia hasn’t yet seen the impact of the price cap…
Sweden’s government is proposing changes in the current legislation to allow the construction and operation of more nuclear reactors as it looks to strengthen its…
A Libyan court has suspended a deal for offshore oil and gas exploration that Libya and Turkey inked last year, a deal that sparked outrage…
A planned merger by two of the largest tanker operators in the world—Euronav and Frontline—has fallen through and the two companies will not make another…
The new Karbala refinery south of Baghdad is expected to reach full 140,000 barrels per day (bpd) capacity by July this year, a source at…
A federal judge has dismissed a lawsuit brought to a California court last year by a group of individuals claiming the Trump administration and U.S.…