Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
African and Latin American countries have accumulated at least $152 billion in debt to Chinese banks, backed by oil and other mineral resources, a study…
Oil product demand in Asia will grow by about 380,000 bpd this year, S&P Global Platts Analytics said this week. This is the lowest demand…
Aramco has reportedly started the preparation process for the international leg of its listing, which most expected to be years away. According to unnamed sources…
Khalid al-Falih, Saudi Arabia’s former Energy Minister has been appointed Investment Minister and will be tasked with securing funds for the Vision 2030 economic program…
Crude oil prices inched higher on Wednesday morning after the Energy Information Administration reported an inventory build of 500,000 barrels for the week to February…
Six armed men who boarded an oil tanker off the Venezuelan coast killed the captain and injured a sergeant from the coast guard that was…
International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries because of the coronavirus epidemic,…
Norway’s Equinor has shelved an oil exploration project in the Great Australian Bight, becoming the third supermajor to give up on the Bight amid a…
Tesla could start shipping off Model Y cars to its customers as soon as next month, Electrek reports, noting Tesla has started sending customers emails…
Hydropower is the largest single source of renewable electricity in the world, dwarfing solar and wind. As such, it has established a positive reputation in…
Aramco plans to invest $110 billion in the development of the Jafurah gas field that is estimated to hold some 200 trillion cu ft of…
Teck Resources has withdrawn its application for a regulatory review of the Frontier oil sands project, the company said in a news release. “Investors and…
The United States should step in and help lift the blockade of Libyan oil ports that has decimated the country’s oil production, the chairman of…
Carbon capture technology has been garnering more and more attention as one way to solve the world’s human-made emissions problem, but costs remain an obstacle.…
New Yorkers may have to pay more for electricity from renewable sources after the Federal Energy Regulatory Commissions issued a series of four orders that…
Commodity trading major Vitol said it expected oil prices to recover later this year once the effect of the coronavirus epidemic wanes, Bloomberg reported, citing…
The Houthi rebels in Yemen launched a missile attack on Saudi Arabia early this morning but the missiles were intercepted by the Saudi defense system,…
The ranks of batteries aiming to challenge the dominant lithium ion technology have been swelling rapidly in the past few years are researchers and businesses…
Venezuela’s President Nicolas Maduro has declared emergency for the country’s oil industry, calling for measures to ensure Venezuela’s energy security, Sputnik reports, quoting a tweet…
As the effect of the coronavirus epidemic begins to recede and oil prices start to recover, the Energy Information Administration reported a crude oil inventory…