OILPRICE

After a year of non-existent liquefied natural gas (LNG) exports from one of the fastest-growing global suppliers, the United States, to the...

Oil may hit $50 over the next few months thanks to a moderate decline in global inventories that will accelerate by mid-2021, the chief exec...

Uber and Lyft were the first to disrupt the $8 trillion global transportation industry by making car ownership less necessary and with the r...

The net present value of Iran’s supergiant South Pars natural gas field has jumped from an estimated US$116 billion at this point last year...

$15 trillion: this is the amount of money to be invested in new power capacity globally over the next three decades. Most of this—80 percent...

Group CEO of the Abu Dhabi National Oil Company (ADNOC) on Monday forecast that oil demand will reach more than 105 million bpd within the n...

Oil prices jumped in early Monday trading on a new wave of optimism that a Covid-19 vaccine could be closer than ever to becoming a reality....

Middle Eastern oil producer Oman is looking to raise $3 billion in a debt issue next year via a new company expected to hold the country’s m...

India, the world’s third-largest oil importer, is inviting foreign energy companies to invest in its projects to expand its strategic petrol...

Nearly a decade ago South America’s emerging offshore oil boom was viewed as a fad triggered by soaring oil prices which by 2011 had recover...

BloombergNEF (BNEF) published its New Energy Outlook 2020 (NEO) last week. The NEO projects the evolution of the global energy system over t...

Citi revised down on Monday its outlook for the WTI Crude price for next year by $5 to $49 a barrel, citing the global spike in coronavirus...

The renewed lockdowns in major European economies are set to weigh on the oil demand outlook, Keisuke Sadamori, Director of the Office for E...

OPEC+ could change the terms of its oil production cut deal if the members of the pact agree to do it, Saudi Energy Minister Abdulaziz bin S...

Japan is planning to reduce its dependence on fossil fuels by replacing them with hydrogen, Bloomberg reports, citing a project by Kawasaki...

Oil prices soared by 10 percent and WTI Crude topped $40 a barrel on Monday morning, after vaccine developers announced 90-percent efficacy...

Libya’s crude oil production topped 1 million bpd, the National Oil Corporation said this weekend, although it added this level of productio...

Back in July, the European Union unveiled a hydrogen strategy that immediately captured the imagination of the renewables world and was hail...

This year has been turbulent for global energy markets. The COVID-19 pandemic and March 2020 price crash sent markets into a tailspin, which...

As Europe moves into yet another wave of Covid-19 lockdowns, there is growing concern surrounding the future of offshore workers. However, a...

The global geopolitical power map is changing. While oil has been king of the world for centuries, it’s becoming irrefutably clear that the...

The International Energy Agency recently said solar farms were among the cheapest sources of electricity. It called solar "the new king of e...

Let’s assume a likely so called political gridlock scenario in Washington DC with a Biden Presidency and Republican control of the Senate. C...

Just like the U.S. shale patch, the Canadian oil and gas sector has seen a flurry of merger and acquisition (M&A) announcements since oil pr...

Chile’s state-owned Codelco, the world’s no.1 copper producer, will go ahead with plans to explore for lithium at the Maricunga salt flat, t...