OILPRICE

There is a long history of drilling for hydrocarbons in the Black Sea. After all, oil-rich Azerbaijan, and the Caspian region in general, wa...

With the elections done and dusted and Joe Biden firmly on the road to ascending to the Oval Office, the renewable energy sector is licking...

A Rystad Energy analysis of Europe’s real time traffic data has revealed that the road fuel demand destruction during the prevailing second...

Four years after then-presidential candidate Donald Trump promised to bring jobs back to coal country, the coal sector is worse-off than eve...

France's leading efforts to push for European sanctions on fellow NATO member Turkey has picked up steam, with Paris expected to propose the...

Volkswagen will look to reduce its portfolio of internal combustion engine vehicles, while speeding up the development of a compact electric...

Gold plunged below $1,800. What does this imply for the gold market? This week hasn’t been great for gold. The price of the yellow metal plu...

OPEC+’s meeting that was put on the books at the last minute for Saturday is now being delayed to Sunday, according to anonymous Reuters sou...

Each and every market recession seems to resurrect intense speculation that such and such underperforming refinery would need to be closed d...

DNV GL, a Norwegian risk management and quality assurance firm, told Reuters on Thursday it had suspended work on the gas pipeline Nord Stre...

Oil prices are set for a fourth consecutive weekly gain as positive vaccine news and hopes of an OPEC+ production cut extension boosts bulli...

Brazil’s state energy giant Petrobras has cut its five-year investment plan by 27 percent to $55 billion, driven by the effects of the coron...

The UAE’s largest oil company, ADNOC, this week approved its oil investments for the next five years, to US$122 billion. As ADNOC’s five-yea...

The relationship between Baghdad and Erbil has been strained ever since Iraq managed to eliminate the threat of the Islamic State. Both side...

This year has been proving to be a gold speculator and investor’s dream after the yellow metal rallied hard to hit historical highs thanks t...

Japan, South Korea and a fleet of international shipping groups have warned the European Union against its plan to add greenhouse gas emissi...

In what appears to be a continuing spillover from Tesla's recent contested recall of its Model S and Model X vehicles in China due to suspen...

The United Kingdom has had troops deployed in Saudi Arabia to protect its oilfields from attacks since February this year, The News reported...

Mexico’s state oil company Pemex is preparing to launch its 2021 oil hedge that will protect its revenues, Reuters reports, citing an unname...

The leaders of the OPEC+ pact, Saudi Arabia and Russia, have requested an informal meeting of the Joint Ministerial Monitoring Committee (JM...

Venezuela has restarted direct shipments of crude oil to China despite U.S. sanctions, Reuters has reported, citing shipping data and docume...

In late April this year, Wet Texas Intermediate nosedived below zero, sending the market into a frenzy. The frenzy ended a day later when WT...

The novel coronavirus has fundamentally changed the way that we consume energy and fuel around the world. The extreme and unanticipated slow...

Leading energy companies have urged the UK to embrace carbon trading after the Brexit transition period concludes and not adopt a carbon tax...

A combination of sharply weaker oil prices, inconsistent regulation, the COVID-19 pandemic, and constant conflict in the Amazon where most o...