Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Crude oil prices moved lower today after the Energy Information Administration reported an estimated inventory build of 5.8 million barrels for the week to April 5. The…
OPEC+ once again extended its oil production cuts this month. The decision was anything but unexpected and, unlike previous production policy announcements, it had the…
The New Zealand government has plans to ban the import of internal combustion engine vehicles by 2040 as part of its net-zero efforts. According to…
When the European Union approved its Green Deal, it was done to much fanfare and sparkles. Now, the fanfare and the sparkles are a distant…
Oil prices retreated at the start of the week on signs that there is a possibility of a ceasefire between Hamas and Israel. Benchmarks began…
Natural gas prices are falling all over the world. There is abundant supply, and demand has been lukewarm this northern hemisphere winter, which was relatively…
First it was a group of children in Montana. Then, in Portugal, a group sued their local governments for allowing climate change to happen. The…
The east coast of Australia will swing into a natural gas surplus later this year even if all LNG producers in the area export all…
The U.S. grid’s vulnerability to cyberattacks has grown, the North American Electric Reliability Corporation has warned. According to the regulator, the number of vulnerability points…
Crude oil prices were on track to book their second weekly gain in a row, driven higher by geopolitics and supply concerns. Early on Friday…
Tesla has sent scouts out across India to pick a location for a new EV factory that would cost between $2 billion and $3 billion,…
Exxon has warned that its first-quarter income figures will be affected by lower oil prices, Reuters has reported, citing a securities filing. Besides lower oil benchmarks,…
After a series of delays, cost overruns, and legal challenges, the expanded Trans Mountain oil pipeline will open for business on May 1, the same-name…
Back in 2022, two insurance majors said they would reduce the amount of business they do with Big Oil. Allianz and Swiss Re both motivated the move with their…
Crude oil prices rose today after the Energy Information Administration reported an inventory build of 3.2 million barrels for the last week of March. The authority also…
The Department of Energy has canceled its latest tender for crude oil for the replenishment of the strategic petroleum reserve after oil prices moved higher…
Brent crude ticked up closer to $90 per barrel today after yesterday the American Petroleum Institute reported a larger than expected draw in U.S. inventories…
When OPEC and its partners led by Russia first announced additional oil production cuts last year, the market brushed it off. Prices fell. Forecasts for…
Imports of liquefied natural gas into Asia last month hit the highest ever for that month, at 24 million tons, which was a 12% increase…
Climate Action 100+, a lobby group comprising many of the world’s biggest asset managers, has criticized Big Oil majors for falling short of a set…