Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Last week, Saudi Arabia’s energy behemoth Aramco announced a secondary offering of shares that was estimated to bring in up to $13 billion. The offering…
Crude oil prices moved lower today, after the U.S. Energy Information Administration reported an estimated inventory build of 1.2 million barrels for the week to May 31.…
A group of House Democrats have called on the Department of Justice to launch a probe into the oil industry, accusing the two largest U.S.…
European natural gas prices eased after soaring earlier in the week on the news of a production outage in Norway after reports emerged that the…
On Sunday, the Organisation of Petroleum Exporting Countries and their partners in OPEC+ agreed to extend a set of production cuts first announced last year.…
Sales of China-made electric cars in Europe went up by 23% over the first four months of the year despite efforts by EU authorities to…
Republicans in Michigan’s Congress have pushed back against Attorney General Dana Nessel’s plan to go after oil and gas companies for alleged climate damages. The plan involves…
Artificial intelligence is the talk of the town. Fans are promoting it as a way to achieve a swifter energy. Skeptics are pointing out its…
The sale of 1.5 billion shares in Saudi Aramco, which launched on Sunday, has drawn demand that exceeded the supply of stock, Reuters has reported, noting…
OPEC and its partners in OPEC+ this weekend decided to extend their production cuts, including both voluntary and group-wide cuts, until 2025. Energy Intelligence’s Amena…
This week saw BHP’s last attempt to acquire fellow miner Anglo American fail. The negotiations had lasted six weeks, the offer prices were hiked twice,…
A group of 22 Democratic Senators led by Majority Leader Chuck Schumer have issued a call on the Department of Justice to investigate a claim…
Russia’s Rosneft, the largest crude oil producer in the country, reported a 92.8% quarterly increase in its net profit for the first quarter of the year. Rosneft…
Crude oil prices extended a two-day decline into the last trading day of the week pressured by Fed comments on rate cuts and the futures…
The shipping industry is one of the biggest targets for decarbonization planners. As such, it has also been the target for pointed efforts to reduce…
Crude oil prices sunk following the Energy Information Administration’s report of an estimated inventory decline of 4.2 million barrels for the week to May 24,…
California could avoid rolling blackouts this summer thanks to a fast buildout in battery storage capacity, the state’s Energy Commission said this week. Since 2020,…
China this week released policy updates for the energy sector that would allow wind and solar generators in “resource-rich areas” to curtail twice what they…
The former chief executive of Pioneer Natural Resources has hit back at the Federal Trade Commission for “scapegoating” him with allegations of OPEC collusion. The…
Crude oil prices moved higher earlier today ahead of the OPEC+ meeting on Sunday, with most analysts expecting the group to keep production cuts of…