OILPRICE

Exports of liquefied natural gas (LNG) out of the United States hit an all-time high in November due to recovering global gas demand and pri...

Egypt and Iraq have signed an oil-for-reconstruction plan this December, expected to come into effect once constitutional procedures have be...

New Mexico’s State Land Office is putting an end to the commercial sale of fresh water for oil and gas developments to protect the state’s s...

For nearly 80 years, Mexico kept its borders closed to foreign oil interests, with the state-owned and -run Petroleos Mexicanos (Pemex) bein...

BP has bought a majority stake in the largest U.S. forest carbon offset developer, Finite Carbon, boosting the interest it acquired in the c...

Fortunes aren’t only minted through secure investments over the long term. They’re also minted by riskier opportunities that carry huge rewa...

Saudi Arabia reduced its budget plan for 2021 by 7 percent from this year’s in response to the economic fallout of the pandemic, which pushe...

President-elect Joe Biden is expected to nominate the environmental advocate and former governor of Michigan Jennifer Granholm for Secretary...

The controversial Russia-led gas pipeline Nord Stream 2 is likely to start delivering first gas to Germany by the end of 2021, Russian energ...

Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 3.1 million barrels for th...

Oil prices, defined as an average of Brent, West Texas Intermediate, and Dubai prices, are expected to rise to an average of $44 per barrel...

Crude oil prices rose to the highest since early spring after the FDA yesterday gave the green light to the Pfizer-BioNTech Covid-19 vaccine...

Nearly 400 years ago, Parliament passed an obscure law in London, which triggered the start of an estimated $5.7 trillion industry, the esti...

About a year ago, the world's largest asset manager BlackRock Inc. (NYSE:BLK) declared its intention to increase its ESG (Environmental, Soc...

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 1.973 million barrels for the week ending Dec...

The Abu Dhabi National Oil Co (ADNOC) - the key corporate proxy at the centre of the U.S.’s Middle East pushback against increasing Chinese...

India’s Prime Minister Narendra Modi officially launched on Tuesday the construction of a megapark that will produce 30 gigawatts (GW) of re...

The trials and tribulations for Ecuador’s deeply embattled petroleum industry continue. If crumbling infrastructure, refinery outages and pi...

There is a $205-billion opportunity in renewable energy for Southeast Asia from which China, Japan, and South Korea could benefit as the big...

Oil prices have finally hit $50 last week, a projection that we made back in June this year. Bullish sentiment prevailed in the oil markets...

Just like the rest of the oil and gas sector, the U.S. midstream oil and gas segment has been hugely disrupted by the plunge in global energ...

Oil prices continue to rise as the distribution of vaccines boosts optimism, with oil bulls appearing to ignore new lockdowns across EuropeC...

Crude oil production in North Dakota, home to the Bakken shale, is not expected to recover to pre-pandemic levels until late into 2022 due t...

A subsidiary of PetroChina has boasted natural gas production of 30 billion cubic meters so far this year, expecting it to hit 31.6 billion...

The OPEC+ group of producers must continue to calibrate the easing of its collective oil production cuts to the still fragile global oil dem...