OILPRICE

Supermajors ExxonMobil and Total are renegotiating a natural gas resource sharing deal for their respective liquefied natural gas (LNG) proj...

Oil prices dipped on Thanksgiving Thursday, slipping from seven-month highs as Baker Hughes reported another increase in the number of avail...

Spain’s oil major Repsol plans to reduce its oil business operations and increase five times its renewable energy portfolio by 2030 as part...

Piracy is an age-old problem in the energy industry, often seen in West Africa and other regions of the world. However, following the rise o...

Residents in a natural gas-producing northeastern Chinese province have made a video of tap water being set on fire with a lighter—a video t...

The U.S. oil industry is trying to recover from the worst demand shock in the history of oil markets. Some companies launched the long-await...

Hydrogen has been touted for decades as the future of mobility. In fact, there was a time when hydrogen was presumed to be “the fuel of the...

Enbridge filed on Tuesday a federal complaint at a U.S. district court seeking an injunction to stop Michigan’s order for closure of the Lin...

Offshore wind is booming, and as turbine and project sizes grow, demand for specialized installation vessels will soar. The market for vesse...

Support from coal miners helped Donald Trump win the US presidency four years ago. Now, the leader of the nation’s top mining union is calli...

Given the option, most Americans would not only prefer to choose their own utility companies but also have more of the energy that powers th...

On November 9 US pharmaceutical giant Pfizer and German biotechnology company BioNTech announced that a jointly developed vaccine candidate...

JP Morgan. Citi. Morgan Stanley. Goldman Sachs. All of these banks have announced they will no longer finance oil and gas drilling projects...

SUKHUMI -- In the side streets and narrow alleys of Abkhazia’s main city, a low growl and an oily stench are commonplace. Thrumming diesel g...

Colombia’s economically crucial oil industry keeps showing signs of life as the oil rally extends into late-November 2020. The international...

With just weeks to go until President-Elect Joe Biden is inaugurated on January 20, Axios reports that Israel is preparing for the possibili...

As Prime Minister Trudeau reveals his ‘net-zero’ plan for 2050, it is clear that Canada is still very much reliant on its oil industry.  The...

Baker Hughes reported on Wednesday that the number of oil rigs in the United States rose by 10 to 241, resuming its climb after a one-week d...

In the wake of the pandemic, ExxonMobil has significantly lowered its expectations about oil prices for the next seven years, expecting Bren...

An oil tanker was damaged in the Red Sea near Saudi Arabia after a mine exploded on Wednesday, the Associated Press reported, citing the tan...

The ongoing energy transition combined with the effects of Covid-19 will drive future oil demand to lower levels than what was expected just...

OPEC producer Angola plans to raise much-needed cash via selling a stake in its state oil firm Sonangol by early 2022 as the crash in oil pr...

The United Nations Security Council should “stop the threat” of more Houthi attacks on Saudi energy infrastructure, the Saudi ambassador to...

Brent crude could hit $60 a barrel by next summer as travel restrictions get eased, Bank of America said, citing growing optimism around Cov...

Russia was ahead of Saudi Arabia in the race to be China’s top crude oil supplier in October, according to official Chinese data repor...