Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Crude oil prices continued climbing higher in early trade today, driven by China’s relaxation of Covid-related restrictions. The shut-down of the Keystone pipeline following an…
A price cap on natural gas for the domestic Australian market could make matters worse instead of better, energy major Woodside has warned. The cap,…
Last week, the chief energy adviser to the Biden administration, Amos Hochstein, blamed institutional investors for the stalled drilling in the U.S. oil and gas…
Last week saw the start of a price cap mechanism conceived of by the U.S. and embraced by the G7 and the European Union, aimed…
Crude oil began trading this week with a gain, pushed higher by the shutdown of the Keystone pipeline and uncertainty around the consequences of the…
The energy crisis gripping Europe could get much worse over the next years as the fallout from Russia's war in Ukraine extends over time, JP…
Australia has joined the club of countries imposing price caps on energy commodities with a ceiling on gas and coal prices, announced today by Prime…
Crude oil prices are about to book a week of sizeable losses, during which market movements erased all gains Brent and West Texas Intermediate had…
Canada has officially ended its government support for international fossil fuel projects, fulfilling a commitment it made at last year’s Conference of the Parties, or…
Lithium prices have turned into one of the red flags in the energy transition as they have climbed inexorably for more than a year, with…
Australia’s revenue from exports of liquefied natural gas hit a record in October, topping $7 billion, benefiting from record prices and a weaker Australian dollar.…
Winter is settling across Europe, bringing freezing temperatures that are leading to higher energy consumption, and the EU is still wrangling about the gas price…
Crude oil prices fell slightly today after the U.S. Energy Information Administration reported an inventory decline of 5.2 million barrels for the week to December…
Tankers carrying largely Kazakh crude oil from Russian ports to international markets are stuck in Turkish waters in the Bosphorus and the Dardanelles because Turkey…
The latest OPEC+ meeting produced no surprises, with the group reiterating its decision to keep production at current levels for at least another two months.…
The new drive for energy security prompted by the fossil fuel price crisis will accelerate the development of renewable energy, the International Energy Agency has…
OPEC+ yesterday decided to leave its production quotas where they are, at 2 million bpd lower than they were in October, which is an effective…
The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming…
OPEC+ decided not to change the production quotas for its members at its latest meeting, which took place on Sunday. The group had agreed in…
Raw material costs and looming shortages: these have been the dangers on the path of the world’s energy system transition from fossil fuels to low-carbon…