Citigroup Says 42% of Clients Have No Energy Transition Plan
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
“Unacceptable and unjustified” are the words Iraqi Oil Minister Thamer Ghadhban used to describe ExxonMobil’s hasty exit from the troubled country, according to Reuters, but…
Bank of America Merrill Lynch (BofAML) warns that Brent crude oil could reach $90 per barrel stemming the new IMO rules regarding shipping fuels and…
The the number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of…
Canada’s Senate Standing Committee on Transportation has voted to defeat the controversial Oil Tanker Moratorium Act that opponents of the bill view as damaging to…
Democratic Presidential hopeful and Washington Governor Jay Inslee unveiled a plan today for combating climate change through an oft-before cited transition away from fossil fuels…
Venezuela has stopped upgrading crude oil as PDVSA finds itself without buyers in the wake of US sanctions, according to sources who spoke to Reuters.…
ExxonMobil is starting to evacuate its engineers working on Iraq’s West Qurna 1 field due to security concerns, according to Al Arabiya. Earlier in the…
The American Petroleum Institute (API) reported a large surprise build in crude oil inventory of 8.6 million barrels for the week ending May 10, coming…
“The planet’s on fire,” were some of the milder words that Bill Nye The Science Guy used in HBO’s “Last Week Tonight With John Oliver”,…
A group of US senators on both sides of the aisle is set to introduce a bill that will seek to sanction the Nord Stream…
OPEC’s spare capacity may be put to the test as oil prices jumped on Tuesday after tensions in the Middle East rose on multiple reports…
A fourth tanker was a target of the sabotage that embroiled two Saudi and one Norwegian oil tankers, Reuters reported late on Monday, this time…
Mexico’s newest oil refinery project is set to exceed the planned budget—and in a big way—according to Moody’s cited by Reuters. The massive undertaking—by Mexico…
US oil production from the top seven major shale plays is set to reach new record heights in June, according to the US Energy Information…
The number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses…
Oil prices picked up later in afternoon trading on Thursday after US President Donald Trump suggested that the United States may not raise tariffs on…
The United States and Iran continued to trade barbs on Wednesday over the Iranian nuclear deal and Iranian oil exports as the United States stands…
On a day where the United States has already went a few rounds with Iran over oil exports and sanctions, Florida Senator Rick Scott is…
The American Petroleum Institute (API) reported a build in crude oil inventory of 2.81 million barrels for the week ending May 3, coming in over…
US refineries have upped their imports of Iraqi, Nigerian, Brazilian, and Angolan crude oil, with May volumes double that of April levels, data from Refinitiv…