Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
China has been buying a lot of U.S. crude oil lately, perhaps in a belated attempt to fulfill some of the energy import quotas agreed…
Sinopec and a private equity-backed company are among some half a dozen candidates to acquire Exxon’s North Sea assets that the supermajor put up for…
China is ready to do more to tackle climate change, the country’s chief climate advisor said, as quoted by Reuters, and plans to deliver this…
Dubai. Abu Dhabi. Bahrain. And, of course, Saudi Arabia. The two emirates this year issued debt for the first time in years. So did Bahrain.…
Crystallex, the Canadian mining company that years ago won a $1.4-billion arbitration against Venezuela’s PDVSA has urged a district judge to set a date for…
Libya’s National Oil Corporation will restart production from certain fields and some exports of crude oil, the company said, as quoted by local media, adding…
The world’s first Very Large Containership fueled by LNG left the shipyard of Hyundai Samho Heavy Industries earlier this month to be delivered to Singapore’s…
Global inventories of crude oil declined by 45 million barrels in August after a 34-million-barrel reduction in July, Russia’s Energy Minister Alexander Novak said in…
OPEC and the International Energy Agency delivered bad news for the oil market this week. Both authorities revised their oil demand forecasts for this year,…
The Dakota Access oil pipeline will continue operating at least until the end of the year when a federal court will be ready to rule…
A resurgence in Covid-19 cases in some countries could further dampen oil demand and interfere with a decline in oil inventories, Reuters has reported, citing…
There has been more than enough written about the woes of various segments of the oil industry and related industries so far this year. But…
Crude oil prices inched up further today after the Energy Information Administration reported a crude oil inventory draw of 4.4 million barrels for the week…
Venezuela is preparing to ramp up its crude oil production using diluents imported from Iran, Reuters reports, citing unnamed sources and company documents. State-owned oil…
Batteries are a hot area of research, and it has only been getting hotter as the EV space begins to fill up with companies eager…
A drive to cut electricity prices for end-users has prompted Beijing to reduce gas-fired power plant tariffs, which has threatened the survival of many of…
Crude oil production in the U.S. shale patch is set to decline by 68,000 bpd next month, with every play registering declines in output except…
When Google earlier this year announced that it would stop making AI products for the oil and gas industry, prompted by a revelatory report by…
The world is past the era of growing crude oil demand, BP said in its annual energy outlook report, which was released today. The message…
Libyan strongman General Khalifa Haftar has pledged to reopen the country’s oil ports this weekend, the U.S. embassy in the North African country said in…