OILPRICE

The U.S. crude oil benchmark WTI will average $56 per barrel across the first quarter of this year, the Energy Information Administration ha...

U.S. shale changed global oil markets. It shook the foundations of OPEC as the one single swing producer group. And last year, it crumbled u...

The world’s first trillionaire will be a green-tech entrepreneur. New York Times veteran tech journalist Kara Swisher boldly declared this a...

U.S. President Joe Biden is rescinding the Presidential permit for the Keystone XL oil pipeline project on his first day in office, raising...

After a difficult year in the oil world, Total is planning to invest in heavily India’s solar sector going into the next decade.  The French...

Until very recently, nearly any news out of the Canadian oil sands was certain to be a tale of woe. While Alberta’s oil and gas industry did...

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 2.562 million barrels for the week ending Jan...

Saudi Arabia narrowly beat Russia to hold onto the title of the single largest oil supplier to the world’s biggest oil importer, China, in 2...

After a devastating 2020, Rystad Energy projected demand for oil products in the US to grow by 1.08 million bpd in 2021 to 19.1 million bpd....

The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline N...

Reduced availability of seaborne crude oil shipments from the world’s top oil exporter, Saudi Arabia, and a rising number of oil tankers ava...

An Israeli firm has announced the first superfast EV battery that can charge in just five minutes. The technology could spark a true EV revo...

Last week’s record-high spot prices of liquefied natural gas (LNG) in Asia may not hold for long, but the surge could be a sign of what the...

SpaceX plans to use two deepwater oil rigs as offshore floating spaceports that the company will likely use for the Starship rockets it is d...

Oil prices rose for a second consecutive day on Wednesday, as the market expects the incoming U.S. Administration to “act big” in the next C...

India, one of the world’s top oil consumers, has slammed OPEC for creating confusion with its latest decisions regarding oil supply, w...

On his first day in office on Wednesday, incoming U.S. President Joe Biden will sign executive orders to reverse decisions of the previous a...

Shell turned the lights back on at its Prelude offshore LNG facility just as Asia was being frozen by a cold spell that sent prices for liqu...

The shift from high-carbon fuels to clean energy is in full swing, and solar stocks have been enjoying their moment in the sun. The market’s...

As soon as Goldman Sachs gets bullish on natural gas, new weather models are forecasting warmer weather trends for the next two weeks. As a...

2021 could be the year your life changes--for the better. And the industries that are behind it offer up some of the most rewarding potentia...

The U.S. Treasury Department has added names to their blacklist for trading in illegal Venezuelan oil, according to a Tuesday press release....

While many sectors of the economy continue to flounder and unemployment rates remain tragically high, the stock market is thriving and certa...

The sub-Saharan country of Angola is not one which readily springs to mind when thinking about oil producing nations. The deeply impoverishe...

Norway has awarded 61 offshore exploration licenses to 30 companies in the latest annual licensing round for oil and gas exploration in matu...