Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
An explosion rocked a Singapore-flagged oil tanker at the Saudi Red Sea port of Jeddah, according to multiple media reports. The United Kingdom Maritime Trade…
When the European Union tied its pandemic relief plan to renewable energy generation and emissions reduction targets, analysts sounded an alarm for LNG as the…
The European Union earlier today finally reached an agreement on more stringent emissions-cutting goals for the next decade. After long discussions, the block agreed to…
The Texas Railroad Commission has been banned from enforcing a string of environmental rule waivers after a judge ruled the agency had failed to provide…
The energy industry has been plagued by the sharp and deep drop in oil demand for months, and the outlook does not look too good…
Energy efficiency has become the next victim of the coronavirus pandemic, with lockdowns and a recession limiting efficiency gains now and into the future as…
The Mexican government is mulling over additional tax relief measures for state energy giant Pemex to help it reduce the biggest debt load in the…
The Energy Information Administration reported today a massive crude oil inventory build of 15.189 million barrels for the week to December 4, after a modest…
Alberta, Canada’s oil heartland, will go on lockdown for at least four weeks beginning this Sunday after a surge in Covid-19 infections that made the…
Russia has signaled it may be starting to prepare for a permanent decline in crude oil demand over the long term, even after the devastating…
Earlier this month, car giant Porsche announced that it was investing $24 million in the development of e-fuels to use in its sports cars. The…
The Regional Comprehensive Economic Partnership that 15 Asian nations signed last month will place South Korea and Japan in a more favorable position as oil…
China’s record-high imports from earlier this year continued to slow down last month along with other commodity imports, as demand growth slackens. The average amount…
Iraq will draft its budget based on an average oil price of $42 per barrel for next year, oil minister Ihsan Abdul Jabbar Ismail said…
Iran is preparing to start expanding its crude oil exports ahead of Joe Biden's inauguration in January in a clear sign it expects better bilateral…
Crude oil production in the United States has been on the rise, topping 10.86 million bpd in September—the highest since May. Still, it’s a lot…
Energy was one of the hardest-hit industries by the coronavirus pandemic. It was, without exaggeration, pummeled into the ground, with demand destruction causing dozens of…
Denmark will stop extracting oil from the North Sea in 2050, the Danish government has said, adding it would cancel its eighth licensing round, announced…
A day after OPEC reached a difficult agreement to boost oil production by half a million barrels daily from January, Russian Deputy Prime Minister Alexander…
Saudi Arabia’s crude oil exports to the United States fell to the lowest in 35 years in October, averaging less than 100,000 bpd, Bloomberg reported,…