Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Crude oil and refined petroleum product exports from the United States hit a record high last year, turning the country into a net exporter. This…
Saudi energy giant Aramco reported a 30-percent increase in net income for the first quarter of the year to $21.7 billion, boasting free cash flow…
Only a minority of institutional investors in oil and gas seem to believe that Big Oil will be able to pull off a green transition,…
Investment in new oil and gas projects last year sank to the lowest in 15 years at $350 billion. As the world continues its battle…
Close to a fifth of all EV drivers in California have switched back to gasoline cars because charging their electric cars was a hassle, according…
Russia produced 10.46 million bpd last month, up by 1.9 percent on March as OPEC+ relaxed its production cuts, Bloomberg reports, citing data from Russia's…
Mergers and acquisitions in U.S. oil and gas fell by 1.49 percent below the 12-month average last month, according to GlobalData. The biggest deal by…
Commodity trading major Vitol is reportedly negotiating a deal to acquire the oil wells of Hunt Oil Co. in the Permian Basin. According to Bloomberg,…
Crude oil prices got a major boost this week thanks to optimistic expectations about demand from OPEC+ and rebalancing fuel inventories in the United States.…
Despite high vaccination rates in many parts of the world, people appear to be still wary of public transit, opting for personal vehicles, which is…
Crude oil projects involving private companies in Mexico could bring an additional 704,000 bpd to total national oil production by 2030, BNAmericas has reported, citing…
Big Oil is reporting strong first-quarter results thanks to higher prices, maybe making some shareholders think twice about the whole energy transition thing. But not…
Crude oil moved higher today after the Energy Information Administration reported a small inventory build of 100,000 barrels for the week to April 23. At…
The government of Saudi Arabia is negotiating the sale of a 1-percent stake in Aramco to a "leading global energy company", according to Crown Prince…
A month ago, ConocoPhillips warned it would book a $600-million impairment to its first-quarter profits from its acquisition of Concho Resources and, as Reuters reported…
Some Indian refiners are being forced to delay maintenance at their facilities because of the surge in Covid-19 cases in the country, which has had…
Crude oil production in Brazil averaged 2.8 million barrels daily in the first quarter of 2021, the country’s National Petroleum Agency reported, as quoted by…
Last week saw some much-needed good news for natural gas. The European Union signaled that it would include natural gas in its energy plans for…
Saudi Arabia could save some $200 billion over the next ten years by switching from crude oil to natural gas and renewables for electricity production,…
When Texas literally froze this February, some blamed the blackouts that left millions of Texans in the dark on the wind turbines. Others blamed them…