Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Canada’s drilling rig count fell by 61 rigs in the last week of December from a week earlier, with the annual decline at 66 rigs,…
Despite a slight recovery in oil prices on the last day of 2018, benchmarks are set for their first overall annual decline since 2015, Reuters…
ConocoPhillips is the best-performing energy stock on the S&P 500 Energy Index this year. The news is all the more impressive because it is the…
A day after the American Petroleum Institute pressured already stressed oil prices further with an unexpected inventory build, the Energy Information Administration reported instead that…
Western Canada is producing 365,000 bpd more crude oil that current pipeline capacity can handle, a new report from the National Energy Board has revealed.…
Exxon is still drilling offshore Guyana despite a run-in with the Venezuelan navy last weekend, the company said, as quoted by Reuters. Initial reports from…
Cold weather and China’s consistent gasification efforts pushed liquefied natural gas imports into Northeastern Asia to a record-high, Reuters reports, citing data from its Refinitiv…
Shell plans to increase the annual amount of money it invests in renewable energy to US$4 billion, the supermajor’s head of gas and new energy,…
Crude oil prices rose on Boxing Day after an extensive decline that saw West Texas Intermediate creep close to US$40 and Brent briefly fall below…
Just a couple of weeks after OPEC and its partners agreed to implement another round of production cuts, the cartel is ready to extend these…
Exxon has suspended exploration activities in the western part of the Stabroek block offshore Guyana after the Venezuelan Navy intercepted this weekend two exploratory vessels…
After a slow start, the oil and gas industry seems to be eager to adopt all sorts of digital technology as they help companies keep…
Unlike some investment banks that were quick to revise down their forecast for crude oil benchmarks next year, Swiss UBS is rather bullish: its head…
Australia will likely export more liquefied natural gas in the next financial year—to end-June 2019—after the start of production of three more large-scale facilities offshore…
Chinese refiners are not buying more U.S. oil despite the three-month truce agreed by Presidents Trump and Xi last month, Reuters reports, citing cargo loading…
India’s crude oil imports last month totaled 4.2 million tons daily, or 17 million tons for the whole period, which was 11.4 percent lower than…
U.S. pipeline infrastructure is more vulnerable to cyberattacks than desirable because of insufficient oversight in the cybersecurity department, a report commissioned by two members of…
Saudi Arabia’s King Salman has announced that the Kingdom will spend 7 percent more next year, at around US$295 billion (1.1 trillion riyals). This breaks…
A panel set up to evaluate the environmental risks of replacing a section of Enbridge’s Line 5 oil pipeline in Michigan has given the project…
The Department of Energy has removed a requirement that says U.S. LNG exporters need to report what the final destination of the cargo is in…