Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
The German economy minister has called on people to save energy in order to put pressure on Russia by reducing the country's consumption of gas…
The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine, the…
Meet Europe, the newest and unlikeliest star on the LNG stage. Europe recently had to reconsider its emissions-cutting ambitions in light of the danger of…
After skyrocketing by almost 500 percent over the past 12 months, lithium prices are beginning to slow their climb as current price levels begin to…
The Libyan government wants to boost the country's oil production to 1.4 million barrels daily, the Cabinet said on Facebook, as cited by Reuters today.…
Russia is ready to sell crude oil at pretty much any price, but only to friendly countries, Energy Minister Nikolay Shulginov told Russian news agency…
Crude oil prices moved lower today after the U.S. Energy Information Administration reported that crude oil inventories had added 9.4 million barrels in the week…
Commodity major Vitol plans to wind down its activities involving Russian crude oil by the end of the year, Bloomberg has reported, citing a spokesman…
One popular saying in the oil industry says that the only cure for high oil prices is high oil prices. With a war in Europe,…
A "real embargo" on Russian oil could end the war in Ukraine in a matter of months, the BBC has reported, citing a former chief…
Banks have been actively seeking ways to distance themselves from the oil and gas industry in recent years under growing pressure from pro-energy transition activists.…
The European Union may make its renewable energy capacity buildup targets even more ambitious than they already are in light of its search for alternatives…
Energy independent Ineos, one of the largest oil and gas operators in the North Sea, has asked the UK government for a license to develop…
There has been an unspoken assumption that the West knows what it’s doing because it has been doing it longer than the East. Almost all…
The outlook for crude oil demand in the world’s second-largest consumer is dimmed amid the continued increase in Covid-19 cases and the extended lockdown in…
In 1973, after the Yom Kippur war between Israel and a coalition of Arab countries, Middle Eastern oil producers declared an embargo on oil exports…
Executives from several U.S. LNG producing companies met with European energy officials to discuss purchases of liquefied natural gas. The meetings, held in the United…
The federal government of Canada has granted its approval for a $12-billion oil project offshore Newfoundland and Labrador, to be led by Norwegian state major…
The European Union seems to be warming to the idea of direct sanctions on Russia’s energy industry, slapping a ban on imports of coal for…
The European Union will have to impose sanctions on Russian oil and gas “at some point”, Reuters has reported, citing the head of the European…