Citigroup Says 42% of Clients Have No Energy Transition Plan
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
A subsidiary of Occidental and Canadian clean energy company Carbon Engineering are teaming up to build the world’s biggest Direct Air Capture (DAC) and sequestration…
Rising U.S. production weighed on oil prices in the first quarter compared to the same period last year, and those lower prices, combined with weak…
Natural gas prices at the Waha hub in West Texas are negative again this week, for the first time since plunging to an all-time low…
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More than 99 percent of BP’s shareholders voted in favor of a climate change shareholder resolution on Tuesday, pushing the UK oil and gas supermajor…
Malaysian state-controlled oil and gas company Petronas said on Tuesday that it had achieved first liquefied natural gas (LNG) production from its floating LNG facility…
Despite criticizing the U.S. decision not to extend any sanction waivers for Iranian oil customers, Turkey appears to be fully complying with the U.S. sanctions…
After Tesla’s stock slumped to its lowest level since December 2016 on the back of bearish analyst coverage on Monday, Morgan Stanley chimed in on…
Oil prices seesawed early on Tuesday, supported by indications that OPEC may opt for prolonging the production cut deal beyond June, while tensions between the…
Lone Star Ports LLC, backed by Carlyle Group, will be seeking a faster-track approval from the U.S. Administration for its project to build the first…
Energy and utilities continue to be the top performing sector in the S&P 500 in terms of revenue per employee and the only sector with…
Not everyone in the shale patch is profiting from the higher oil prices this year, the continuously rising oil production in the Permian, and the…
Crude and lease condensate production in the North Sea is set for lower levels in the summer months, further tightening the global oil market which…
Western oil majors Total and Eni have suspended payments to the Russian companies that sold them contaminated crude via the Druzhba pipeline, in a new…
The Houthi rebels in Yemen said over the weekend that last week’s attack on an Aramco oil pipeline in Saudi Arabia was the start of…
The enormous debt of Mexico’s state oil firm Pemex has not increased since the new administration took office in December 2018, and will not increase…
Saudi Arabia may soak up some of Iran’s previous market share on the Indian market as Saudi Aramco is set to ship additional 2 million…
A month before OPEC and allies are set to discuss the future of their production cut deal, the leader of the non-OPEC group, Russia, appears…
France’s Total has halted some of the units at its 230,000-bpd Leuna refinery in Germany to conduct technical checks after contaminated Russian crude oil was…
Venezuela’s crisis and plunging oil production impact countries in the Caribbean as well, as most people in the poorest nation in the Western hemisphere, Haiti,…