Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Several of the world’s largest oil-producing nations have recently made public plans to boost their production capacity. The reason: peak oil demand is looming and…
Rosneft reported a net profit of $2 billion (149 billion rubles) for the first quarter of the year, up from a loss of $2.11 billion…
The federal government has granted Valero Energy a waiver from the Jones Act—legislation restricting the number of vessels that can carry oil and fuels along…
Despite their lofty green energy goals, Big Oil majors are unlikely to become Big Renewable Energy, at least according to an International Energy Agency official…
The majority of BP shareholders voted against a resolution filed by Dutch activist investor group Follow This that demanded the supermajor increase its emissions-cutting commitments.…
Less than two months after Tesla’s Elon Musk said the company will be accepting bitcoin as payment for EVs, the company’s CEO did a U-turn,…
Last Friday, a cyberattack prompted the shutdown of the biggest piece of energy infrastructure in the United States, the Colonial Pipeline system that supplies almost…
The rally in oil prices took a breather today after the Energy Information Administration reported a crude oil inventory draw of 400,000 barrels for the…
The federal Canadian government has warned Washington of Michigan's plan to shut down a pipeline transporting Canadian crude to U.S. refineries risks worsening bilateral relations.…
Chinese oil imports are among the closest watched indicators for global oil demand trends in the world. That’s despite the fact there are things like…
Within the last month, Saudi Arabia’s state oil giant Aramco has announced the sale of a minority—but large—stake in its pipeline business, the possibility to…
Solar and wind power generation capacity additions last year jumped by as much as 45 percent from 2019 to close to 280 GW, the International…
A Mexican court has issued an injunction against new legislation that sought to change the rules of competition on the country's fuel market, The Associated…
Liquefied natural gas was a big thing a couple of years ago in the United States. With so much cheap gas coming out of the…
Crude oil imports into Europe surged by close to 1 million bpd last month, Bloomberg reports, citing a sharp rise in Brent crude prices. Nigeria,…
A cyberattack during the weekend caused the shutdown of the Colonial pipeline, which carries some 45 percent of the gasoline and diesel fuel the East…
Natural gas imports into China rose 22.4 percent on the year in the first four months of this year to 39.45 million metric tons, Natural…
India's state-owned refiners are ordering their regular volumes of Saudi crude oil for June after the Kingdom reduced its prices for the world's third-largest importer,…
A shortage of tanker truck drivers in the United States made headlines recently, sparking fears that Americans may face higher prices at the pump this…
China’s crude oil imports in April fell by 11 percent, according to energy analytics firm OilX, to 10.41 million bpd. While lower than March volumes,…