OILPRICE

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 4.174 million barrels for the week ending Nov...

Limiting global warming to 2 degrees Celsius above the temperature in pre-industrial times could mean significantly reduced investments in n...

Sharply weaker oil prices, growing threats to oil demand and the imminent arrival of peak oil demand could unleash a wave of stranded oil as...

After a series of major oil discoveries offshore Guyana, ExxonMobil and partners found that the deepest well drilled so far offshore the Lat...

Oil prices rose on Monday and remained steady on Tuesday morning as markets are cautiously looking beyond the COVID-19 pandemic Chart of the...

India’s oil and gas companies should consider selling stakes in their exploration acreage to foreign companies with the technology to tap mo...

U.S. crude oil production is set to remain close to its current levels of around 11 million barrels per day (bpd) through the end of 2021, a...

What do Siemens, General Electric and Toshiba have in common— other than the obvious: they are global manufacturers of electrical equipment?...

China’s refiners likely drew 200,000 barrels per day (bpd) out of storage in October as they processed record daily volumes of crude while o...

The Covid-19 pandemic hit Australia’s already declining oil and gas workforce hard, causing a loss of over 28,000 jobs this year, equivalent...

Slower demand growth due to the pandemic and a drop in global oil supply due to low investments could result in peak oil demand 2-3 years so...

Tesla will join the S&P 500 index in December after reporting five consecutive quarterly profits. "Tesla Inc. (NASD:TSLA) will be added to t...

The reprocessing of nuclear waste—a banned process—could solve the problem of its buildup in the United States, according to the head of the...

The extension of the OPEC+ production cut deal by three to six months will swing the oil market into a deficit next year, TASS reported, cit...

This year has been a true rollercoaster ride for the U.S. stock market, but it is increasingly looking to end on a high note.  The S&P 500 h...

Whilst new U.S. President-elect, Joe Biden, will almost certainly focus on dealing with the tail of the COVID-19 pandemic and repairing the...

OPEC+’s technical meeting finished on Monday with widespread support for a three-month extension of the current level of oil production cuts...

Over a decade of resource nationalism, an alleged corrupt billion-dollar Ecuadorean court verdict against energy super major Chevron, econom...

The government of Sudan plans to offer to investors concessions of 27 oil blocks in the country via a global bid, Acting Energy Minister Khe...

Despite delays in drilling campaigns and reduced exploration budgets due to COVID-19, the volume of oil and gas discoveries globally is set...

The great outdoors and the super tax-friendly policies in Wyoming are attracting a growing number of the ultra-wealthy to the Cowboy State i...

Saudi Arabia’s oil giant Aramco plans to issue U.S.-denominated bonds, with the exact amount subject to market conditions, the world’s large...

Here's an idea: what would happen if the world's most popular fertilizer can double as energy storage? Maybe storage will inch that much clo...

Oil markets feared that a Biden victory will lead to a price crash given his clean energy agenda, yet, prices have only been affected by U.S...

Natural gas inventories in the United States ended the injection season between April and October 2020 close to the all-time high from 2016,...