Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
OPEC is producing less oil thanks to the Saudi voluntary cuts and a suspension of crude oil loadings at Nigeria’s Forcados terminal due to a…
Pakistan has dropped plans to procure LNG cargos for next year after its tender only attracted two offers that featured a 30% premium to market…
Last year, Big Oil made record profits that got stuck in the throats of governments, activist organizations, and international bodies such as the UN and…
Low-carbon energy investment firm Capital Energy has put up some 4.3 GW worth of assets under construction for sale, Reuters has reported, citing sale-related documents.…
Saudi Arabia is making a foray into copper and nickel mining with the acquisition of a stake in Vale’s base metal business. In a $3.4-billion…
Crude oil prices were set for another weekly rise earlier today despite a slight dip from Thursday’s close. Brent crude, which topped $84 per barrel…
For years, OPEC has warned that not enough is being invested in future oil and gas production on a global scale. For years activists have…
The future supply of several metals and minerals that are critical for the success of the energy transition is uncertain, threatening that success, GlobalData has…
Half a dozen major carmakers are joining forces in a $1-billion push to develop a fast-charging network in the United States. The push, according to…
Crude oil prices fell slightly after the Energy Information Administration reported an estimated draw of 600,000 barrels in U.S. oil inventories for the week to July…
France’s TotalEnergies has started drilling its first well in the Tilenga field, near Lake Albert, in Uganda. Production is set to start in 2025, the…
Chevron is considering the construction of a floating LNG terminal in the Eastern Mediterranean to use as an export hub for Asia and Europe. That’s…
The idea that the energy transition to an energy system dominated by wind and solar power appears to be at odds with the idea of…
The European Union has no plans to revise the $60 price cap imposed on Russian oil exports even though Russian crude is selling above the…
The first signs of a slowdown in activity in the U.S. shale patch emerged earlier this year as declining oil prices prompted drillers to reduce…
After adding 1.5% last week, Brent crude started this week with a dip and so did WTI, which last week gained 2%. The dip comes…
Iran state revenues from the sale of crude oil last year reached $42.6 billion, which was higher than what Iran made from oil sales in…
Journalists are calling it a subsidy war. Those involved in it are keen to preserve an image of cooperation and agreement. Whatever you call it,…
Alberta, Canada’s energy powerhouse, and neighbor British Columbia are in talks about expanding the reach of locally produced natural gas to Europe and Asia. Alberta’s…
Indian refiners buying Russian crude are preparing for problems with their bankers as the flagship Russian oil grade topped the G7-imposed price caps. In a…