Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
China will cut the total size of its renewable power subsidies to $806.5 million (5.67 billion yuan) next year, from $1.15 billion (8.1 billion yuan)…
Crude oil prices rose slightly after the Energy Information Administration reported a crude oil inventory build of 1.4 million barrels for the week to November…
China’s Sinopec, the country’s largest refiner, is building a 200,000-bpd refinery in southern China, which will use Kuwaiti crude as feedstock, unnamed sources told Reuters.…
How deep into the ground do we have to go to tap the resources we need to keep the lights on? How deep into the…
Norway’s oil industry will have to deal with lower profit margins resulting from higher production costs per barrel of crude, Statistics Norway said in a…
Crude oil production in the U.S. shale patch is seen rising by 49,000 bpd next month to a record-high daily average of 9.133 million barrels.…
India increased its intake of U.S. crude oil last month while reducing imports of Saudi crude after the Kingdom increased the official selling price for…
California state agencies will stop buying gas-powered vehicles from a number of carmakers after the latter joined the White House in their opposition to the…
A Friday announcement by the government in Tehran that fuel prices will be hiked by as much as 50 percent and the commodity will be…
Aramco will sell the first tranche of shares in its long-awaited initial public offering at a price of 30-32 riyals, ($8-8.52), which would give the…
Half of India’s power generation capacity using coal and nuclear power is being shut down because of lackluster demand, the Indian Express reports, adding that…
U.S. sanctions on Venezuela have been squeezing the life out of its economy in an attempt to remove the government of Nicolas Maduro from power,…
New refining capacity coming online in China has lifted the prices of Middle Eastern crude oil grades to multi-year premiums that are pressuring refiners’ margins.…
The Veneto regional council that decides policies for Venice was struck by a flood just minutes after the majority of the council members rejected a…
Russia is in favor of a continued partnership with OPEC that does not need to be limited to oil production control, Russia’s President Vladimir Putin…
Dark matter is probably the biggest existential question of our time. And as scientists stare glossy-eyed into the dark matter abyss and ponder its nature,…
Crude oil price dipped today after the Energy Information Administration reported a crude oil inventory increase for the week to November 8. At 2.2 million…
New York Governor Andrew Cuomo has threatened National Grid to revoke its license in two weeks if the company fails to convince the state authorities…
Activist investor Carl Icahn has called on Occidental Petroleum’s management to sell assets in order to hit its divestment target following the $38-billion purchase of…
U.S. oil producers are preparing for an abrupt change in federal government policies in case a Democrat wins the 2020 vote, with almost 3 million…