Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
China may have saddled itself with as much as $42 billion in unpaid renewable energy subsidies, but it pales in comparison to the enormous amount…
Rosneft has discovered oil in a new field in Western Siberia, with reserves estimated at 20 million tons of crude oil (146.6 million barrels) and…
It’s abundant, and it’s emissions-free: the heat from the earth’s mantle that reaches well into the crust and gives deep drillers a headache occasionally is…
Solar panel installations hit a total 629 GW last year--an increase of 12 percent from 2018. It was also a lot—really a lot—of panels. And in a…
Some 2,800 new wells will be drilled in Canada this year, according to the Petroleum Services Association of the country. This is the third downward…
French Total and Apache Corp have made a new, major oil discovery in the offshore Block 58 in Suriname, the two companies said. “We are…
Seven percent - that's the portion of electric vehicles and plug-in hybrids as a percentage of total sales as of the first quarter of this…
Saudi Arabia booked a deficit of $29 billion for the second quarter of the year because of the continued slump in oil prices and oil…
U.S. crude oil inventories shed an impressive 10.6 million barrels in the week to July 24, the Energy Information Administration reported today. This compares with…
The downstream industry has been affected particularly severely by the unique combination of events that unfolded this year. On the one hand, the coronavirus pandemic…
Texas, Midland-based driller Endeavor Energy Resources has applied for permits for 11 new wells, the Houston Chronicle’s Sergio Chapa reports, adding that the permit applications…
South Korea's Hyundai will build two production lines for electric vehicles in 2021 and 2024 to boost its presence in the plug-in EV market, Reuters…
Russia exported more LNG to China in June than the United States did, at 396,000 tons versus 340,000 tons, Russia’s Sputnik reports, citing data first quoted…
President Donald Trump is visiting Texas this week, to raise money for the Republican Party and discuss the country’s energy-dominance agenda with the local oil industry. Trump’s…
When JP Morgan's EMEA head of oil and gas research said last month that this crisis was fundamentally no different from previous crises, he was…
When a company called Nikola debuted on the stock market last month, its stock soared more than 100 percent in just the first few days of trading.…
Russia’s gas giant Gazprom will start producing “clean”, that is, zero-emission, hydrogen beginning in 2024 under a new government plan to develop a hydrogen economy.…
Chinese state-owned oil and gas majors have sold pipeline networks worth a total $56 billion as part of a government plan to restructure the nation's…
Oil producers such as Iraq, Russia, and the UAE are lowering their crude oil prices to make it salable as demand from Asian buyers remains…
Spending on oil and gas, and coal is still higher among members of G20 than spending on renewable energy, a data update from the Energy…