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Breaking News:

Freeport LNG Gets Regulatory Approval

China's Covid Crisis Will Ensure Oil Price Volatility

China's Covid Crisis Will Ensure Oil Price Volatility

China is currently suffering through…

Oil Gains Momentum As Chinese Demand Climbs

Oil Gains Momentum As Chinese Demand Climbs

Oil continues to gain momentum…

Energy / Energy-General

Oilfield Firms See Highest Profit In Nearly A Decade

Jan 26, 2023 at 13:46 | Tsvetana Paraskova

The world’s largest oilfield services providers saw last year their highest combined net profits since the shale boom of 2014, driven by a rebound in drilling activity amid soaring oil…

Citi: European Oil Majors Could Become Acquisition Targets

Jan 26, 2023 at 13:35 | Irina Slav

Merger and acquisition activity in the United States oil and gas industry last year slumped to the lowest in 17 years as buyers…

Scientists Invent Hydrogen Producing Solar Cell

Jan 26, 2023 at 09:35 | Brian Westenhaus

  Ecole Polytechnique Fédérale de Lausanne chemical engineers have invented a solar-powered artificial leaf, built on a novel electrode which is transparent and porous. The

Iraqi Supreme Court Ruling May Reignite Kurdish Oil Dispute

Jan 26, 2023 at 09:24 | Charles Kennedy

After promising indications that the Iraqi federal government would ease up on its legislative war with the Kurdistan Regional Government (KRG) over the latter’s unilateral oil contracts and…

Why The UAE Wants To Invite Oil And Gas Companies To The COP28 Climate Summit

Jan 26, 2023 at 09:18 | Felicity Bradstock

The United Arab Emirates (UAE) has been repeatedly criticised since winning its bid to hold the COP28 climate summit later this year, particularly for its ongoing dependence on…

Big Banks See Opportunity In Unlisted Emerging Market ESG Companies

Jan 26, 2023 at 08:43 | Oxford Business Group

As financial markets experience significant headwinds in 2022, environmental, social and governance (ESG) funds saw their first net outflow since 2011. However, the energy transition, climate-related threats to…

M&A In U.S. Oil And Gas: Dealmaking Slides As Buyers Get Picky

Jan 25, 2023 at 13:45 | Tsvetana Paraskova

  The number of mergers and acquisitions (M&A) in the U.S. upstream segment fell last year to the lowest level since 2005, with buyers increasingly picky and targeting…

Could Canada Pass Something Similar To The Inflation Reduction Act?

Jan 25, 2023 at 10:06 | Haley Zaremba

Canada’s oil industry is one of the dirtiest in the world. The oil sands in the northern nation’s Alberta province represent the fourth largest proven oil reserve in…

Europe’s Energy Crisis Leaves Almost All Of Pakistan Without Power

Jan 25, 2023 at 10:06 | Haley Zaremba

The long-awaited winter energy crisis has finally hit…but it wasn’t in Europe after all. On Monday, almost the entirety of Pakistan was left without power

Oil Unmoved After EIA Reports Small Crude Build

Jan 25, 2023 at 09:40 | Irina Slav

Crude oil prices saw a minor increase today when the U.S. Energy Information Administration reported an oil inventory build of 500,000 barrels for the week to January 20. The…

The ExxonMobil Papers

Jan 25, 2023 at 08:59 | Leonard Hyman & William Tilles

Nestled between a large and colorful picture of starchy endosperm and an article about signaling between parasite and host integrates, in the 13 January 2023 issue of

Banks Haven’t Lost Their Appetite For Fossil Fuels Just Yet

Jan 24, 2023 at 09:53 | Felicity Bradstock

Following the signing of the Paris Agreement by 193 states and the EU and after the COP27 climate summit in 2021, several major financial institutions came under fire…

Putin’s Energy Weapon Is Losing Its Power

Jan 24, 2023 at 08:38 | Haley Zaremba

Vladimir Putin’s plans are falling to pieces. Slowly but surely, Russia is losing its war against Ukraine. At the same time, it is losing nearly all of its…

Oilfield Services Shine As Energy Earnings Lift Off

Jan 23, 2023 at 11:53 | Alex Kimani

We are in the early innings of the earnings season with just 11% of S&P 500 companies having reported Q4 2022…

EU Gas Price Cap Could Trigger Significant Changes In Markets

Jan 23, 2023 at 09:12 | Tsvetana Paraskova

The upcoming price cap on the benchmark European gas contract could abruptly change the gas market and impact the functioning of other markets as well as financial stability,…

Offshore Oil And Gas Is Back, Baby

Jan 23, 2023 at 09:08 | Irina Slav

At last week’s World Economic Forum gathering in Davos, several speakers had harsh words for the oil and gas industry, including UN head Antonio Guterres and the IEA’s…

U.S. Oil Rig Count Sees Largest Single Week Drop In 16 Months

Jan 20, 2023 at 12:13 | Julianne Geiger

The total number of total active drilling rigs in the United States fell by 4 this week, according to new data from Baker Hughes published on Friday. The total rig…

Diesel Markets Brace For A Chaotic February

Jan 20, 2023 at 11:51 | Irina Slav

Yesterday, strikes began at three refineries in France operated by TotalEnergies. The three facilities suspended gasoline and diesel deliveries for the wholesale market,…

Oil Companies Stand Up To Los Angeles City Council Drilling Ban

Jan 20, 2023 at 10:02 | Felicity Bradstock

After decades of transitioning towards renewable energy, with several new developments across the state, LA has finally taken significant steps to move away from oil and gas. California…

Americans Are Struggling To Pay Car Loans

Jan 20, 2023 at 09:32 | ZeroHedge

    An alarming number of Americans with auto loans are struggling to make monthly payments. Auto loan performance saw further deterioration in December, and loan delinquencies jumped.…

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