OILPRICE

The world’s biggest oil and gas firms are embracing AI and related technology to maximize savings, optimize operations, and boost earnings....

The race has been on between the world’s leading powers to secure as much of the globe’s current and future liquefied natural gas (LNG) supp...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.287 million barrels in the week e...

On the heels of my recent article outlining how California’s unique fuel regulations — not corporate price gouging — are driving up gasoline...

The Permian Basin has been the star of the U.S. shale oil and gas industry for years. But this star is, at least for the time being, dimming...

Via Metal Miner   There’s no doubt that China is desperately seeking new markets to hawk its goods and commodities after the U.S. trade tari...

Oil prices jumped 3% on Tuesday after the U.S. and China agreed to a 90-day pause on new tariffs, easing fears of another front in the globa...

India and Pakistan agreed to a ceasefire on Saturday, preventing escalating tensions from developing into a full-scale conflict–for now. The...

The U.S. State Department rolled out another round of sanctions Tuesday targeting an Iranian oil smuggling network allegedly responsible for...

What was marketed as a fragile return to order in Libya has, once again, been exposed as a mirage. On May 12, Tripoli plunged into chaos fol...

The United States and Saudi Arabia signed an economic partnership agreement and a number of energy deals between Saudi oil giant Aramco and...

A surprise offer by US President Donald Trump on May 12 to join Ukraine-Russia talks later this week in Istanbul prompted a call between US...

Saudi Arabia’s crude oil flows to China are expected to stay at a one-year high of about 48 million barrels in June—roughly the same volume...

Oil prices rallied aggressively on the news of a U.S.-China trade deal, with fears of a total economic collapse fading. Despite that develop...

Namibia expects France’s TotalEnergies and Norway’s BW Energy to take final investment decisions on oil projects offshore the African countr...

U.S. LNG exporter Venture Global more than doubled its first-quarter revenue from a year earlier as its Plaquemines and Calcasieu Pass plant...

Supply chain constraints and higher cost have forced energy companies to withdraw eight projects to build gas-fired power plants in Texas un...

Brazil’s state oil firm Petrobras will pay $2.1 billion in dividends for the first quarter after posting a jump in net income due to one-off...

Spain’s authorities are asking small solar and wind power plants to provide information about their cyber defenses and recent security updat...

Two labor unions and the Norwegian oil industry sealed a new wage deal that would ensure no strikes take place, affecting oil and gas output...

The Department of Energy has proposed to eliminate or shrink regulations that it says would result in savings worth $11 billion and stimulat...

The House Committee on Energy and Commerce has proposed phasing out tax credits linked to climate policies stipulated in Biden’s Inflation R...

Asia’s economies are more vulnerable to external trade shocks than other regions, but they would find low oil prices a boon to their governm...

U.S. oilfield service majors had a good run after the pandemic lockdowns ended. Demand for oil rebounded strongly, drillers drilled more, an...

As geopolitical instability, sanctions, and supply chain shocks become commonplace, physical commodity traders have emerged as indispensable...