Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
The energy transition has been estimated to cost more than $100 trillion by 2050. In fact, according to the calculations of the Energy Transitions Commission,…
Germany will remain committed to financing the energy transition with billions of dollars despite a raging budget crisis that has cast a shadow over the…
As traders brushed off the news of OPEC+’s deeper production cuts, crude oil prices dipped and are likely to post their sixth weekly decline in…
OPEC will send a delegation to the COP28 in Dubai and host a special pavilion there, the group said in a press release, adding that…
Occidental Petroleum is in talks for the potential acquisition of fellow oil and gas producer CrownRock, active in the Permian, the Wall Street Journal has…
Crude oil production in the United States is on course to break its previous record this year. That’s despite a federal government that is not the biggest…
Crude oil prices moved lower today, after the Energy Information Administration reported an estimated inventory increase of 1.6 million barrels for the week to November 24. This compared with…
Saudi Arabia is expected to reduce its official selling price for crude for Asian buyers, a survey among analysts conducted by Bloomberg has shown. According…
A small California town in the San Francisco Bay Area is planning to unhook a whole block from the gas network. This is the town of Albany’s…
Alberta Premier Danielle Smith has invoked a controversial piece of legislation to protect the citizens of the oil-rich province from the federal government’s Clean Electricity…
Sustainability-linked loans, or SLLs, have only been around for a few years. In that short time, they have ballooned into a market worth $1.5 trillion.…
Crude oil prices began the week with a slide ahead of the postponed OPEC+ meeting that will now be held on Thursday. The decline followed…
This week saw the release of the latest report from the International Energy Agency, which called for a fast reduction in oil and gas investments…
Crude oil prices remained depressed in morning trade today in Asia following the Wednesday slump. Yesterday's drop in prices was caused by news that OPEC+…
An oil leak from an underwater pipe in the Gulf of Mexico has prompted the shut-in of over 60,000 bpd in daily production, equal to…
Back in 2017, Tesla switched on the world’s biggest battery storage facility. Located in South Australia, the 159 MWh battery array can supply 30,000 homes with electricity…
Crude oil prices moved lower today, after the U.S. Energy Information Administration reported a sizeable inventory build of 8.7 million barrels for the week to…
The U.S. federal government has given the go-ahead to the sixth offshore wind power project in the country this week. The Empire Wind project is…
November in Europe is normally the start of heating season proper. Even with a prolonged summer and a soft start to the fall, by late…
JP Morgan has forecast an average price for Brent crude of $83 per barrel next year amid a stable market. The forecast is based on…