Charles is a writer for Oilprice.com
Chevron is repairing a mechanical fault in a turbine at one of the three LNG production trains at its Gorgon LNG facility in Australia, with…
TC Energy Corporation reported on Friday an increase in comparable earnings for the first quarter of 2024 versus the same period last year, beating analyst estimates, as…
Officials from the G7 group of the world’s most industrialized nations are privately admitting that an all-out seizure of frozen Russian assets is no longer…
Asian crude oil imports fell in April from March, according to estimates by LSEG Oil Research, suggesting sluggish growth in Asia’s crude purchases so far…
The Taliban, who govern Afghanistan, are working with Kazakhstan and Turkmenistan to create a regional energy trade hub that would facilitate oil sales from Russia…
Canadian Natural Resources (NYSE: CNQ), the top oil and gas producer in Canada, reported lower-than-expected earnings for the first quarter, dragged down by weaker prices…
Beleaguered Texas-based Freeport LNG saw a second tanker leave for export on Wednesday, less than a week after the first, as the liquified natural gas…
Exports from the expansion of Canada’s TransMountain pipeline expansion project that launched on Wednesday may come in at only half of what the federal government…
Shell exited the Chinese power generation and trading markets effective end-2023, as it scales back its power business globally to focus on more profitable operations,…
U.S. crude oil prices continued to plummet on Wednesday, falling over 3% and Brent crude right behind it, shedding over 2.8% on a surprise U.S. inventory build…
One of Canada’s biggest oil and gas companies, Cenovus Energy (NYSE: CVE), booked higher-than-expected earnings for the first quarter of 2024 amid strong oil and…
Exports of liquefied natural gas (LNG) from the United States fell in April for a fourth month in a row, as the Freeport export facility…
Just as Russia had started to bring back some refinery capacity damaged by Ukrainian drone attacks earlier this year, a new wave of drone attacks…
The U.S. Senate unanimously voted in favor of a bill that would ban the imports of Russian uranium as the latest attempt to squeeze Russia’s…
Production at the Khor Mor field in Kurdistan is set to resume less than a week after a drone attack suspended operations at the site,…
Tepid demand for diesel and other distillate products such as heating oil has had traders competing for storage tanks on the U.S. East Coast to…
The G7 group of the world’s most industrialized nations is set to announce later on Tuesday a pledge to phase out coal-fired power generation by…
Brazil’s Petrobras recorded a 4.4% increase in its crude oil production over the first quarter of the year, with the average daily rate at 2.24…
So far this year, the global upstream oil and gas market has seen more than $64 billion in mergers and acquisitions, and the year could…
UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less viable to police the…