Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Rising levels of oil in floating storage, price cuts for Saudi crude, and a slowdown in Chinese imports: these were some of the factors that…
BP and Shell have urged Texas energy regulators to put a stop to routine gas flaring across the state’s oil fields, Bloomberg reported, citing a…
Iraq is debating whether to ask to be exempted from the oil production cuts OPEC+ agreed on this April. Initially set at 9.7 million bpd,…
Huge floating oil storage builds earlier this year became a major cause for oil price falls as the pandemic wiped out demand. Then, as OPEC+…
Enbridge will restart the Line 5 pipeline after it won the approval of the Pipeline and Hazardous Materials Safety Administration. It also won a case…
The slide in crude oil prices accelerated after the Energy Information Administration reported a crude oil inventory build of 2 million barrels for the week…
Russia’s central bank has warned that crude oil prices could slump to $25 in its risk scenario for monetary policy over the next three years,…
Ultrafast charging, the Holy Grail of batteries, has been elusive for years. It is one big reason—perhaps the biggest—why electric cars have not taken off…
Mexico has revised down energy giant Pemex’s oil production target for next year by more than 8 percent in what was a no-surprise move to…
An expanded Dakota Access pipeline could go into operation by the third quarter of next year, Energy Transfer said in an investor presentation. The embattled…
This year’s driving season was a disappointment for those who hoped and expected it to pull oil prices higher, helped by the pandemic that, those…
Saudi Arabia has scored the support of the International Atomic Energy Agency in its effort to adopt nuclear energy, Reuters reports, quoting a Saudi TV…
Less than a month after California utilities barely prevented planned outages amid a heatwave that led to a boom in power consumption, the threat is…
From a rarely mentioned, modest member of the renewable energy family to a headline-hogging clickbait, hydrogen has quickly turned from a prop to a star.…
China is going a step further in its generous support for hydrogen cars in the form of a package of policies aimed at improving the…
Saudi Arabia has cut its official selling prices for crude oil in the latest sign that demand recovery is stumbling, Bloomberg reports, adding that this…
A $500-billion smart city. A $200-billion solar farm. Billions of dollars in investments in gas and petrochemicals. These were all facets of Saudi Arabia’s Vision…
The vision of a household with a solar rooftop, a battery pack, and an EV in the garage is not just Elon Musk’s vision of…
There will be no new exploration and production contracts on the table for private or foreign companies in Mexico under a government plan set to…
Oil companies are risking some $400 billion in stranded assets with their focus on petrochemicals production growth that relies on strong growth in demand for…