Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
A Chinese company has bought a cargo of Canadian crude, to be shipped via the expanded Trans Mountain pipeline in May-June, Bloomberg has reported, citing…
Natural gas prices in the United States plunged 62% last year compared to a year earlier. Prices were driven lower by booming production, where growth substantially outpaced…
Many tech analysts have accused the oil industry of being too slow to adopt new technology. Yet the industry is itself the source of much…
Crude oil prices held on to their gains from last week, moving higher still in mid-morning trade in Asia today amid continued concern about supply.…
Iran has signed new contracts for the development of oil fields worth $13 billion, planning to add 350,000 bpd to daily production. The deals are…
During the latest financial reporting season, the car manufacturing industry did not have a lot of good news to report to their shareholders regarding their…
BP and Venezuela are jointly discussing the development of a gas field in Trinidad and Tobago, which the island nation shares with Venezuela. "BP can…
Crude oil prices were set for a weekly gain of about 4% after the International Energy Agency became the latest forecaster to suggest oil demand…
Oil prices have been strengthening over the past few weeks. The trend is not of particularly noticeable proportions, with Brent still stuck in the low…
Carmakers preparing new EV models in a bid to take over the European market are worried grid and charging network constraints could challenge sales. According…
A decline in construction activity in China has pressured independent refiners to start curbing diesel production. Diesel is the primary output of the so-called teapots…
The Energy Information Administration reported an estimated inventory draw of 1.5 million barrels for the week to March 8. Gasoline stocks also declined while middle distillates…
Crude oil prices today started trade with a gain after the American Petroleum Institute reported a draw in inventories and OPEC reiterated its demand growth…
Ever since the International Energy Agency switched from a pure-play information provider to an advocate of the energy transition, its forecasts about oil demand have…
Nigeria is facing mounting opposition from neighbors and other countries to its bid for the headquarters of the Africa Energy Bank, a proposed initiative to…
The UK will need more gas-fired power plants in the future to avoid blackouts, Energy Security Secretary Claire Coutinho warned today, as older facilities get retired. The…
Investments in new oil production have been stalling since about 2014. This has led many to suggest that higher prices for longer are on the…
Europeans are not fond of the idea that their gasoline and diesel-powered cars could soon be banned, a new survey has found. Conducted among 15,000…
Chinese oil demand is back in the spotlight, exerting pressure on oil prices to start the new trading week with a loss, extending losses booked…
U.S. oil and gas companies spent a combined $250 billion in mergers and acquisitions last year. More than half of that came from just two megadeals: Exxon's…