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.
Following Kurdistan’s referendum on independence that the central Iraqi government is vehemently opposing, Iraq’s Parliament has given “mandate” to Prime Minister Haider al-Abadi to send…
Oil prices were basically flat early on Wednesday, but $80 oil could be just around the corner, according to analyst Jodie Gunzberg, head of commodity…
Robust oil demand growth and reduced global stockpiles have instilled confidence in the oil market lately. Signs that the OPEC cuts have finally started to…
The Minnesota Public Utilities Commission is starting to hold on Tuesday public hearings on the certificate of need and route permit applications for Enbridge’s Line…
China is dusting off a plan to create a natural gas pipeline company and is working with state oil giants on the project, Reuters reported…
Healthy demand growth for fuel not only in emerging economies led by China and India, but also in Europe, is helping global inventories to draw…
While OPEC and Russia are leading the production cut deal, Russia’s estimates for $40 oil doesn’t bode well for the future of the output pact…
Since it agreed to production cuts, OPEC stated that its mission is to see the oil futures curve flip from contango to backwardation as part…
Russia’s Gazprom ranked no.1 in the 2017 S&P Global Platts Top 250 Global Energy Company Rankings, toppling ExxonMobil and ending its 12-year reign at the…
Chevron will invest some US$4 billion in 2018 to increase its crude oil output in the Permian, a senior Chevron manager said at a conference…
U.S.-backed Syrian forces have seized a Conoco gas plant from Islamic State in the oil-rich Deir Ezzor area, depriving the militants from an important revenue…
Turkey could cut off the crude oil flow from the northern Iraqi region of Kurdistan, Turkish President Recep Tayyip Erdogan said on Monday, putting further…
The world’s top shale play, the Permian, has shown remarkable resilience amid the lower-for-longer oil prices. Permian production has grown and should continue its rise…
Phillips 66 Partners (NYSE:PSXP), the master limited partnership of Phillips 66, said on Friday that it would buy assets from Phillips 66 (NYSE:PSX) in a…
Energy has been the worst-performing S&P 500 sector so far this year, losing 10.8 percent year-to-date. The top 15 U.S. oil companies by market capitalization…
Oil spilled from a pipeline at the al-Teym oil field in the oil-rich desert south of Deir al-Zor in Syria after the Syrian Arab Army…
Goldman Sachs has raised its earnings per share (EPS) estimates for the European oil majors’ third-quarter results, and believes that the stocks will start reversing…
The OPEC/non-OPEC joint panel on monitoring the cuts, which met in Vienna today, has concluded talks without any recommendation for the broader group on whether it…
At least 450 conventional vertical wells in Oklahoma’s Kingfisher County have been damaged by horizontal fracturing, the Oklahoma Energy Producers Alliance (OEPA) said in a…
The latest chapter of the “what will OPEC do next” saga unfolded on Thursday as reports emerged that the cartel and the non-OPEC producers led…