OILPRICE

ExxonMobil will sell most of its non-operated assets in the UK’s central and northern North Sea to private equity fund HitecVision for more...

Anyone would be forgiven for being shocked when they see the words ‘carbon’ and ‘opportunity’ in one sentence. Carbon, after all, or rather...

Venezuela and Iran, both sanctioned by the United States, have found a way to help each other as shipping companies stay away from dealings...

Oil prices have staged an extraordinary rally in the last three months, rising by 50%. Biden’s presidency, the vaccine rollout, a weak dolla...

Amid all the issues ignited in the Texas turmoil, and as oil prices roar to post-COVID highs, analysts across the energy space appear to be...

Oil prices have rallied since the start of this year, pushed up by the OPEC+ cuts tightening the market and the vaccine rollouts. Analysts a...

Saudi Arabia’s surprise January 2021 one million barrel per day production cut has sparked a sense of bullishness over the outlook for crude...

After slipping late on Tuesday after a surprise U.S. inventory build reported by the API, oil prices rose on Wednesday morning, supported by...

Electric-car maker Fisker entered into a memorandum of understanding with Foxconn Technology Group, the world's biggest electronics manufact...

SpaceX will transform disused oil rigs into floating launch sites for its Starship craft expected to transport crew and cargo on missions to...

The restart of Shell’s Deer Park refinery in Texas could take until April, Reuters has reported, citing unnamed sources familiar with the is...

Crude oil exports from Canada to the United States are increasingly being shipped by rail due to the now chronic shortage of pipeline capaci...

Oil prices rose on Wednesday morning, despite a somewhat surprising EIA inventory report, which reflected a build in crude stocks and virtua...

Iran said on Tuesday that South Korea had started to release the first US$1 billion of the US$7 billion Iranian oil funds blocked in Korean...

“[With] the Balkan Stream project, Bulgaria will become a regional strategic gas distribution centre and will guarantee the diversification...

The UN nuclear watchdog said on February 23 that it is "deeply concerned" that Iran secretly kept "undeclared nuclear material" at an "undec...

The first few months of Biden’s administration have made one thing clear, the EV boom is just getting started. And it may be those who are a...

China is caught up in a very delicate balance. Beijing is being forced to walk a very fine line to keep up with growing energy demand while...

The entire world is about to run on batteries, which makes the next new battery innovation and the materials that go into it the best way to...

Two years ago, a team of Finnish scientists estimated that the world needs to get 69 percent of its primary energy from solar farms in order...

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 1.026 million barrels for the week ending Feb...

“Come and invest into India’s energy sector”. Indian Prime Minister Narendra Modi’s words, pronounced at the inauguration of a new gas pipel...

As the world transitions away from fossil fuels and weens itself off emissions-heavy energy sources, one country is running against the curr...

Bankers at Goldman Sachs were the first off the line, declaring that the Covid-19 had created the right structural conditions for the same k...

Investor Alert! Oilfield service giants are looking like an increasingly good investment as oil prices rebound. Read our latest Global Energ...