Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Anglo-Dutch supermajor Shell has reaffirmed its commitment to becoming a net-zero company by 2050, saying that its oil production peaked in 2019 and is set…
Brent crude could hit $70 or even $80 a barrel by the end of this year, one hedge fund manager says. It could top $100…
A small crude oil company based in Texas is seeing a surge in out-of-the-money call options in what could be a sign of another burst…
In the latest sign yet that the global vaccination effort was falling way short of expectations, institutional traders are shunning gasoline futures in favor of…
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory draw of 6.6 million barrels for the week to February…
India will be the biggest driver of global energy demand over the next 20 years as its population continues to increase fast and affluence spreads,…
State-owned oil companies are on course to invest $400 billion in oil and gas projects that could only break even if the world exceeds the…
When a company called Jonah Energy last year reported that it had become the first to be awarded a low-methane standard by the IES, it…
Iraq needs crude oil to trade at $80 a barrel to be able to plug its budget holes, according to oil minister Ihsan Abdul Jabbar…
Iran has denied any knowledge of an oil tanker that the United States has targeted for seizure because it was used to export crude from…
The net-zero emissions goal of many governments has more or less become part of everyday life. We’ve all heard about these plans, and we may…
“There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said during his keynote speech at this year’s annual meeting…
South Korea will invest some $43 billion in constructing what is to be the world’s largest offshore wind farm, Reuters reports, adding that the project…
Chinese state oil and gas company CNOOC will boost its capital spending this year to the highest in seven years, thanks to a 5-percent increase…
The weather doesn’t always follow traders’ hopes and expectations. However, it sometimes exceeds them. December and January saw a surge in natural gas prices in…
India’s Petroleum Minister Dharmendra Pradhan has warned that higher oil prices could interfere with global economic recovery in the latest signal from New Delhi—one of…
Anglo-Dutch supermajor Shell reported a profit of 4.85 billion for 2020, down 87 percent on the year, from $16.46 billion booked for 2019. While the…
Petrobras exported a record amount of crude oil in January this year, Argus reports, at 19.3 million bpd through the Angra dos Reis terminal. The…
Crude oil prices fell slightly today after the Energy Information Administration reported a crude oil inventory draw of 1 million barrels for the last week…
One thousand and two hundred dollars: this is how much investment firm Piper Sandler expects the stock of Tesla (NASDAQ:TSLA) to be worth in a…