Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
The end of this year will see the beginning of a phase-out for the Investment Tax Credit that was introduced more than a decade ago…
Petrobras has settled a debt of US$3 billion with the China Development Bank ahead of time and will repay another debt, this one of US$5…
The authorities of Gibraltar have ruled to release Iranian-flagged tanker Grace 1 today, according to media reports, despite the US DOJ claim that it had…
Koch Industries has sold its oil sands assets to Canadian Cavalier Energy, the Financial Post reports, noting that the deal closed two months ago. Cavalier…
The issue of battery recycling only recently came to light in the media as more and more attention is being paid to electric vehicles. Their…
U.S. shale producers need to slow down with production growth and focus more on capital discipline in an oversupplied market, Continental Resources’ Harold Hamm told…
Crude oil prices fell further down today after the Energy Information Administration reported a 1.6-million-barrel build in crude oil inventories for the week to August…
Refinery throughput in China went up by 4 percent last month, to a total 52.6 million tons, or about 12.44 million bpd, Reuters reports, citing…
Two energy authorities reduced their crude oil demand outlooks in their latest reports. The U.S. Energy Information Administration cut its demand growth outlook by 70,000…
The Freeport LNG plant in Texas may soon be ready to start loading its first LNG cargo, S&P Global Platts reports, after data from its…
Unusually high temperatures caused a surge in power consumption in Texas yesterday and could continue driving record consumption today as well, as weather forecasts point…
Occidental will reduce its US$40-billion debt load it used to acquire Anadarko as soon as possible, the company’s chief financial officer said at an industry…
Silicon has been to the solar power industry—not to mention the IT industry—what oil has been for the car industry: an essential element without which…
Iran will restructure its budget in a way that should reduce the country’s dependence on oil revenues to zero, a senior government official told Mehr…
Iran will stop gas flaring in at least four fields in the South within three years, a former chief executive of the National Iranian South…
The Iraqi government is still in talks with Exxon about a megadeal worth US$53 billion over three decades, Iraqi media reported, quoting the Oil Ministry…
A couple of Lebanese companies owned by a Syrian businessman on the U.S. sanction list are helping to bring Iranian oil into the country, Albin…
Natural gas demand in the United States is growing. It’s growing thanks to the switch from coal to gas-fired power generation and thanks to the…
Venezuela plans to increase its oil production by 65,000 bpd by expanding the output of a joint venture between PDVSA and China’s CNPC, Reuters reports,…
A Tesla owner has filed a suit against the carmaker claiming the company used a software update to deliberately reduce the battery range of his…