Charles is a writer for Oilprice.com
Wind power generation reached a record high last year in the UK, accounting for a 26.8% share of total electricity generation, the BBC reported, citing…
The Iraqi supreme court has issued an arrest warrant for former U.S. President Donald Trump for the assassination on Iraqi soil of Iran’s Quds Force…
Senior parliamentarians in the UK are sounding the alarm bells over Chinese extensive involvement in North Sea oil and gas, which they say poses a…
The West Qurna 2 oilfield in Iraq, one of the biggest oilfields in the world, could see delays in the next phase of its development,…
U.S. Natural gas prices had rebounded by nearly 4% as of midday Wednesday after five consecutive days of sell-off when it became clear that predictions…
The oil industry generates around 10% returns on capital employed through the cycle, Chevron’s chief executive Mike Wirth told Bloomberg Television, pushing back on the…
Oil prices continued to plummet on Wednesday while gold was enjoying its best time in six months with the release of U.S. manufacturing data for…
Moving in lockstep with the Biden Administration’s calls for U.S. oil and gas companies to expand production, London-based BP Plc has unveiled plans to boost…
Oil production capacity in restive African OPEC member Libya is expected to reach a maximum of 1.8 million barrels per day (bpd) by 2024 even…
A rebound in Nigerian production raised OPEC’s oil output in December by 120,000 barrels per day (bpd) compared to November, according to a monthly Reuters…
Saudi Arabia could reduce the official selling price for its flagship Arab Light crude further for Asian buyers, Reuters has reported, citing four analysts it…
Japanese Tokyo Gas is close to finalizing a deal for the acquisition of U.S. natural gas producer Rockcliff Energy, Reuters reported, citing unnamed sources close…
Russia’s crude oil exports by sea plunged in the last four weeks of 2022 to the lowest level of the year as shipments to Europe…
China has increased its fuel export quotas by as much as 46% for the first batch of 2023 allocations compared to the first batch of…
Brazil’s leftist President Luiz Inacio Lula da Silva took office on Monday and the markets responded with an instant rout, sending shares of state-run Petrobras…
Amid Russia’s war on Ukraine and a European energy crisis, German Finance Minister Christian Lindner is calling for a lifting of the ban on fracking,…
The European Union’s ban on Russian oil products set to come into force on February 5 could lead to a 1 million barrel per day…
China has broken ground on a renewable energy project worth an estimated $11 billion in the province of Inner Mongolia. According to a Bloomberg report,…
America’s largest natural gas producer, EQT Corp, has experienced a plunge in production up to 30% due to severe cold weather that led to Appalachian…
Hitting back at Brussels’ imposition of a windfall tax on oil companies, Exxon Mobil Corp is suing the European Union on the grounds that the…