OILPRICE

Anglo-Dutch supermajor Shell has reaffirmed its commitment to becoming a net-zero company by 2050, saying that its oil production peaked in...

Oil prices have rallied back to the point they are almost ready to match pre-Covid levels. There are two key drivers for this miracle, which...

As the world increases its Net Zero and decarbonization efforts, many Energy Transition technologies are being introduced to meet the Paris...

Brent crude could hit $70 or even $80 a barrel by the end of this year, one hedge fund manager says. It could top $100 next year, an energy...

WTI Crude spot prices are expected to average $50.21 per barrel this year and $51.56 next year, the Energy Information Administration (EIA)...

It was no coincidence that just over a month after staunch U.S. ally-Israel and the United Arab Emirates declared that they would normalise...

OPEC+ will meet again on March 4, but the group will likely agree to keep the same level of oil production through April 2021, Iraqi Oil Min...

At a time when the Covid-19 pandemic continues to decimate the global transport sector, the EV trajectory has remained incredibly bullish. S...

Global sales of battery electric vehicles, fuel-cell vehicles, and plug-in hybrids are set to exceed the sales of light-duty vehicles with i...

France's supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between...

Exploration and development company Bacanora Lithium (LON:BCN) said on Wednesday it had begun initial site activities at its flagship Sonora...

While BP was unveiling its strategy to reinvent itself from an international oil company to an integrated energy company in London last year...

The U.K.’s hilly landscape could provide the perfect storage solution for hydropower generated underground. Instead of using mountains and d...

Colombia is not a country usually associated with crude oil. Low proven petroleum reserves and falling production see Colombia rank well beh...

A small crude oil company based in Texas is seeing a surge in out-of-the-money call options in what could be a sign of another burst of reta...

In the latest sign yet that the global vaccination effort was falling way short of expectations, institutional traders are shunning gasoline...

The new Chair of the Senate Energy Committee, Sen. Joe Manchin, has asked President Biden to reconsider revoking the license for the Keyston...

After falling in early Asia trade, oil prices firmed up on Wednesday morning ET and extended their rally for nine straight days—the longest...

Equinor is selling all its assets in the Bakken shale play as part of a strategy to boost the profitability of its international upstream bu...

Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory draw of 6.6 million barrels for the w...

The average energy investor is by now well aware of the sector's monumental shift from fossil fuels to renewable energy. Coal-powered power...

The green energy boom took the mainstage in 2020, and now many are predicting it could reach new heights in 2021. Some of the biggest gains...

Globally integrated energy supermajor ExxonMobil was severely mauled during 2020. The company reported a massive 2020 full-year loss of $22...

The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 3.500 million barrels for the week ending Febr...

The world is moving steadily away from coal. The emissions-heavy fossil fuel is public enemy number one in many, if not most, clean energy a...