Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
U.S. shale oil producers have suffered billions in losses from hedging their output at lower than current prices, the Financial Times reported today, citing data…
China’s crude oil imports last month rose by 8.81 percent month-on-month in June to average 10.54 million bpd, energy analytics provider OilX said in its…
The Mexican government launched a quest against foreign oil companies operating in the country pretty much from day one in office. First, it suspended new…
Iran has begun the production of enriched uranium metal, the International Atomic Energy Agency (IAEA) has said in a statement, prompting the three Western negotiators…
Israel will postpone the establishment of a sovereign wealth fund meant to be filled with tax revenues from natural gas production until next year as…
The number of warnings for new commodity shortages amid the energy transitions has just grown by two: Macquarie Bank and Credit Suisse recently warned investment…
Saudi Aramco has raised the August official selling prices of crude to Asia, as the oil market tightens, sparking fears of another oil price war…
This year will likely go down in history as the year when hydrogen won over the media. While it will still be a while before…
TC Energy, the Canadian pipeline operator that was building the Keystone XL project, has filed a notice of intent to initiate a claim against the…
OPEC+ is set to resume talks today following a day of digging in by the UAE, which opposes as “unfair” the latest production control proposal…
The oil world is waiting with bated breath to learn what, exactly, OPEC and its partners in production curbs will decide at their meeting in…
Crude oil exports from Venezuela inched up last month as traders rushed to sell Venezuelan crude to Chinese buyers ahead of the entry into effect…
Crude oil prices slid lower today after OPEC+ said it would postpone a decision on the return of more barrels to the market for later…
With the rush of newly minted investors into the EV space, news about electric vehicle technology now rivals that of climate change. Most of the…
Angola owes foreign oil field operators some $1 billion, Reuters has reported, citing unnamed sources, adding this level of debt had forced the country to…
Chevron is reportedly planning to sell oil assets in the Permian that could fetch up to $1 billion, according to unnamed sources cited by Reuters.…
The Texas Freeze was one of those unprecedented events that have the potential to upend the way things are done, in this case, in power…
The oil market will end 2021 in a deficit of 5 million bpd as demand grows by another 2.2 million bpd in the second half…
Crude oil prices jumped higher today after the Energy Information Administration reported an inventory decline of 6.7 million barrels for the week to June 25.…
OPEC+ has delayed a meeting of oil ministers scheduled for today to give member states more times to come to an agreement about how they…