Charles is a writer for Oilprice.com
Energy stocks have shed nearly 2% in Monday trading as crude oil prices tested the lowest levels of the year, breaking with a recent divergence…
Traders are still weighing the timing and impact of U.S. President Joe Biden’s decision on Saturday to ease oil sanctions on Venezuela and grant Chevron…
Russia’s flagship crude grade Urals currently trades at around $52 per barrel, more than $10 a barrel lower than the low end of a proposed…
Following a bilateral meeting on Thursday, the energy ministers of Saudi Arabia and Iraq reiterated their support for the oil production cut agreed upon last…
A springer spaniel named Jac is helping Scottish utility SP Energy Networks to maintain its grid by sniffing out faults on the deeply buried grid…
Hackers are utilizing a discontinued web server to launch attacks on energy grid infrastructure, Microsoft has warned, with the initial attack discovered on the Indian…
Russia’s security services claim to have foiled an attempt by Ukrainian special services to carry out a “terrorist attack” on the South Stream gas pipeline,…
A barrage of Russian missiles has forced the shut-down of six nuclear power plants at a time when the Ukrainian power infrastructure has already sustained…
Three well-placed unnamed sources have told Reuters that Washington could grant Chevron approval to significantly boost oil production in Venezuela as early as this weekend,…
Inflation-adjusted average U.S. gasoline prices ahead of Thanksgiving are up by 7.5% compared to the same time last year, in line with the overall rise…
The European Union has unveiled a long-awaited natural gas price cap plan to protect consumers from soaring energy prices in the wake of Russia’s invasion…
UK oil and gas companies are facing a bill of some $24 billion, or 20 billion pounds, for plugging unused wells, Reuters has reported, citing…
The Houthi rebels attacked this week a ship at the al-Dhabba oil terminal in Yemen in the latest attack over the past weeks. The United…
One of Australia’s largest real estate developers, Lendlease Corp., has announced plans to stop constructing gas infrastructure in new buildings from 2030 onwards as part…
Iranian missiles bombarded the Kurdistan Regional Government (KRG) capital of Erbil and the city of Sulaymaniyah on Monday in apparent retribution for the Northern Iraqi…
The UAE has reiterated that it has not been in any discussions with OPEC members to change the existing agreement, denying talks of a potential…
Reports have emerged that Saudi Arabian officials are now denying news originating from the Wall Street Journal that OPEC is considering a 500,000 barrel-per-day oil…
Short-term oil price forecasts have been persistently bullish this year, with most forecasters expecting benchmarks to top $100 sometime next year. Over the longer term,…
In less than a decade, the world will have burned through what’s left of its entire carbon budget, soaring past the critical threshold and unleashing…
The world’s largest crude oil exporter, Saudi Arabia, has started to slash its crude exports after OPEC+ is now reducing its overall target production by…