OILPRICE

Oil prices dropped early on Monday as a stronger U.S. dollar and many countries still battling rising daily COVID-19 cases weighed on market...

Adnoc, the Abu Dhabi state oil company, Adu Dhabi Investment Holding, and Mubadala Investment Co., two state investment funds, have teamed u...

The developer of the controversial Keystone XL oil pipeline project, TC Energy Corp., is preparing to pledge a number of changes as it seeks...

A material discovered less than two decades ago could become the key to safer, faster-charging and lighter batteries that power electronic d...

OPEC was formed in 1960 by founding members Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. For a brief period, the petroleum cartel became...

Transition will be the word of the year in energy, no doubt. But this transition involves a host of technologies that many believe will help...

The use of streaming video has grown exponentially around the world, with pandemic-driven shelter-in-place mandates helping to supersize the...

Ghana has been one of the bright stars of the oil and gas market in the 2010s, ramping up its crude production from virtually zero to some 2...

"You can have your own theories but you can't have your own facts." - Carl Sagan Bullish tech markets are rarely without curious dislocation...

Hydrogen is turning into the next media star after solar and wind. In its latest claim to fame, two spinoffs of German tech conglomerate Sie...

“Is Exploring For Oil Still Profitable?” Oilprice asked back in August. As the novel coronavirus has swept the world, stalling whole industr...

Two countries linked by an energy source, China and Myanmar have become closer partners over the last few years due to their connection via...

Many nations that intend to become self-sufficient with regard to their hydrocarbon needs oftentimes lowball the terms and conditions they o...

Russia’s top oil producer, state-controlled oil firm Rosneft, is in talks with some of the world’s largest oil trading houses, offering them...

Total will not renew its membership in the American Petroleum Institute (API) for 2021 due to divergences with the main U.S. oil lobby over...

Tesla is clearing all inventory of Model S and Model X across stores and showrooms, multiple reports say, suggesting that the electric vehic...

Oil prices fell back on Friday morning as demand fears grow, but OPEC has predicted an increase in U.S. shale production at current price le...

OPEC’s crude oil export revenues for 2020 could decline to $323 billion, the U.S. Energy Information Administration said in a new report, no...

The U.S. oil rig count increased for the eigth consecutive week as drillers capitalize on higher oil prices  Baker Hughes reported on Friday...

Oil prices dropped early on Friday, as expanding lockdowns in China weighed on market sentiment about immediate global oil demand, while a s...

Brent Crude prices are set to hit $60 a barrel in the second half of this year and then stabilize at those levels, thanks to inventory drawd...

U.S. shale oil companies are hedging against future price drops as West Texas Intermediate enjoys a rebound above $50 a barrel, Reuters has...

Venezuela is opening up to foreign investment in its oil industry, President Nicolas Maduro said this week, in a bid to reverse a catastroph...

We have seen strong moves higher in the key crude oil benchmarks-WTI, and Brent, in the last several months. This was initiated by the adven...

OPEC, and especially OPEC+, has always seemed to be at odds with the U.S. shale industry. From the drastic oil embargos of the ‘70s to the a...