Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
A week after Tesla announced it had won a tender for the installation of the world’s biggest battery storage system in Australia, Siemens and AES…
The United States and Mexico will expand their energy ties, the two countries’ energy ministers said after a meeting in Mexico. The Associated Press quoted…
A jump in immediate demand for oil products in Southeast Asia is affecting oil storage capacity and services providers, according to local traders who spoke…
The U.S. government will offer 75.9 million acres to oil and gas exploration companies in the upcoming lease sale auction, to take place on August…
The American Petroleum Institute reported a 62-percent annual increase in oil and gas drilling in the second quarter of 2017 in the United States. For…
The UK Financial Conduct Authority, the country’s financial markets regulator, has proposed a change in rules for the listing of new companies in a bid…
Chinese customs data has revealed that the world’s second-largest consumer of crude oil imported 8.55 million barrels of oil daily during the first half of…
Energy companies that took part in two onshore oil and gas exploration tenders in Mexico yesterday have pledged total investments of US$2 billion for the…
The world is heading towards an oil deficit, if we are to believe recent headlines quoting the chief executive of Saudi Aramco, Amin Nasser. There…
Oil futures trading in China is set to finally start later this year after several delays, providing one of the world’s top consumers with a…
A day after the American Petroleum Institute lifted spirits with an estimated crude oil inventory draw of 8.133 million barrels, the Energy Information Administration added…
Saudi Arabia plans to cut its August crude oil exports by 600,000 bpd, according to an industry source from the Kingdom who spoke to Reuters.…
U.S. shale oil is in the spotlight once again, this time not as a deterrent to a price improvement, but as the future of the…
PIRA Energy has predicted that U.S. crude oil exports will top 2 million barrels by 2020, reaching 2.25 million bpd. That’s more than what most…
The balance of powers in the world of oil has shifted away from OPEC and towards the Americas, particularly the United States. This is what…
Optimism about crude oil demand in the coming weeks has helped prices to recover somewhat, but the sustainability of the improvement is highly uncertain. Bank…
Crude oil prices could jump to US$60 a barrel by this year’s end thanks to growing demand and lower OPEC supply, according to Citigroup’s senior…
Indian Oil Corp. will take delivery of more than a million barrels of U.S. heavy crude in October—the first U.S. crude oil purchase by an…
No further oil output cuts are on the agenda for the July meeting of the ministerial committee set up to monitor compliance with the OPEC-non-OPEC…
Arctic drilling may become unprofitable for Norway if oil prices continue to fall, says a new report looking into the best and worst scenarios for…