Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Glencore may acquire Shell’s oil operations in Singapore after several previous candidates for the assets changed their minds about competing for them. This is according…
Russia will suspend gasoline exports for six months beginning in March to ensure supply for the domestic market in peak demand season. The information comes…
Exxon and Chevron are discussing a potential acquisition by Exxon of Hess Corp’s stake in the Exxon-led oil operations off the coast of Guyana. Exxon…
Woodside Energy expects demand for liquefied natural gas to increase by 50% over the next ten years driven by Asia, Bloomberg has reported, citing chief executive…
Big Oil and its allegedly exclusive role in bringing about apocalyptic climate change has been the ultimate villain in the eyes of climate activists. Calls…
For years, Canadian oil producers have been struggling with insufficient pipeline capacity to take their products to buyers. Anti-pipeline policies have been a big reason…
Crude oil prices look set to end the week with a modest loss after two Federal Reserve governors on Thursday said there will be no…
Crude oil prices moved slightly higher today, after the Energy Information Administration reported an inventory increase of 3.5 million barrels for the week to February 16.…
The three supermajors that are suing Venture Global for breach of LNG delivery contracts have attacked again, asking U.S. regulators to be allowed to voice…
Last year, Saudi Arabia’s sovereign wealth fund became the world’s top spender, accounting for a quarter of the $124 billion that sovereign wealth funds invested in…
Australia’s energy major Santos reported net earnings of $1.42 billion for 2024, a drop of 42% on 2022, which was a deeper one than analysts polled by Reuters had…
Back in 2022, the oil industry became the target of multiple attacks from high-ranking politicians because of the record profits Big Oil reported for that…
Exxon has warned the European Union that it will leave and take billions of dollars in climate investment with it unless Brussels makes it easier…
A 3.8-million-ton liquefaction train at BP’s Tangguh LNG plant in Indonesia has been shut down for a week now due to technical problems. This is…
Earlier this month, French researchers reported the largest flow of natural hydrogen in a mine in Albania. One of them referred to it as “a…
Carmakers in the United States have been eager to help advance the EV agenda in the past half a decade or so. Ford, GM, and…
In 2023, China’s economy expanded by 5.3%. This would have been an impressive number worth celebrating for any other country. For China, however, the number…
U.S. natural gas producers are beginning to reduce drilling and investment as low prices weigh on their returns. Reuters reports that natural gas prices in…
This week, Crude oil prices got stuck between a pessimistic demand outlook from the International Energy Agency and signs that OPEC+ is working hard to…
Chinese electric vehicle major BYD is considering opening a factory in Mexico, the Wall Street Journal has reported. Citing unnamed sources, the publication said that…