Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Crude oil prices, which had been rallying on the news that Saudi Arabia will extend its production cuts, began trade on Wednesday with a slight…
Something odd is happening in the oil market. Despite news that Saudi Arabia would extend its voluntary production cuts for another month and possibly beyond,…
China has been building a lot of wind and solar generation capacity but at the same time it has been expanding its coal power plant…
Crude oil prices moved modestly higher in Asia pre-noon trade today following the news that Saudi Arabia would extend its voluntary oil production cuts through…
Crude oil prices were little changed at the start of the week—and the second half of the year—as traders brace up for tighter supply. Saudi…
Energy prices could spike again this winter, the head of the International Energy Agency has warned. Speaking to the BBC, Fatih Birol said that if…
Oil and gas industry leaders are confident in the long-term resilience of oil demand despite challenges from the energy transition. This is the message coming…
Brent crude prices are set for their first monthly improvement this year, but on a quarterly basis, the international benchmark will record yet another decline.…
This time last year, natural gas prices in Europe were shooting for the sky, and gas prices in the U.S. were beginning the climb that…
The European Union is on track to fill up its natural gas storage facilities ahead of schedule, Rystad Energy has forecast. “Considering historical demand, and…
Exxon has inked a deal with a chemicals producer for the development of lithium resources in Arkansas as it ventures further into the battery metal,…
Last year, U.S. unconventional oil production contributed 7.8 million barrels daily to global supply. This unconventional production—shale oil—had already turned the United States into a…
Crude oil prices moved higher today after the Energy Information Administration reported an inventory draw of 9.6 million barrels for the week to June 23.…
Earlier this month, natural gas prices in Europe rose twofold in the space of 10 days, with a single trading day seeing a jump of…
Crude oil prices began trade with a gain today as supply worries returned to the table amid the rebellion news from Russia and expectations of…
In March 2021, Schlumberger announced a pilot project led by its subsidiary Schlumberger New Energy. The project was supposed to test a new method of extracting lithium…
Amin Nasser, the chief executive of Saudi Aramco, sees oil market fundamentals as stable and likely to remain so for the rest of the year.…
Crude oil demand is set to rise to 110 million barrels daily by 2045, which would be a 23% increase from current levels. This is…
Oil and gas drilling in the U.S. shale patch is slowing down. Rig counts have been falling for weeks, and the latest Dallas Fed Energy…
Multnomah County in Oregon has filed a lawsuit against Exxon, Chevron, the American Petroleum Institute, and other organizations for what it claims is the harm…