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UK Oil & Gas: Too Legit to Quit, Even for Labour

UK Oil & Gas: Too Legit to Quit, Even for Labour

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American Oil Is Underhedged and Heavily Exposed

Mar 19, 2025 at 18:04 | Alex Kimani

Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers of energy commodities to protect themselves against…

Big Oil Shrugs at $50 Crude

Mar 19, 2025 at 13:12 | Irina Slav

Exxon is planning to boost its oil production regardless of where international oil prices are heading. This comes from a senior company executive who spoke to Semafor this week.…

Chevron Out, Black Market In? The Fallout of U.S. Sanctions on Venezuela

Mar 19, 2025 at 10:48 | Elias Ferrer

On 26 February, U.S. President Donald Trump announced his intention to end General License 41, which allowed Chevron to operate in Venezuela despite sanctions. Meanwhile, there are other “specific licenses”…

Oil Prices Perk Up Despite US Crude Oil Inventory Build

Mar 19, 2025 at 10:01 | Julianne Geiger

Crude oil inventories in the United States saw an increase of 1.7 million barrels during the week ending March 14, according to new data from the U.S. Energy Information Administration…

Abandoned Oil Wells Pose Growing Risks in Permian Basin

Mar 19, 2025 at 09:36 | Haley Zaremba

As the number of depleted and abandoned oil wells in the West Texas Permian Basin continues to grow in the long shadow of the United States shale revolution,…

Centrica CEO Pay Reduced by Half

Mar 19, 2025 at 08:25 | City A.M

The boss of Centrica, the FTSE 100 parent company of British Gas, has seen his pay slashed by almost half for the group’s latest financial year.

Trump to Meet Oil CEOs Amid Market Turmoil

Mar 19, 2025 at 08:02 | Tsvetana Paraskova

U.S. President Donald Trump is set to host on Wednesday a group of oil company executives in the first such sit-down since his return to the White House. President…

U.S. Coal Ash Landfills Hold Enough Rare Earths to Boost Reserves Eightfold

Mar 18, 2025 at 17:58 | Alex Kimani

Since the days of President Jimmy Carter and the 1970s oil crisis, the United States has relentlessly pursued the utopia of energy independence. One of Trump's many…

Price Rally Sets The Stage for U.S. Natural Gas Boom

Mar 18, 2025 at 14:40 | Tsvetana Paraskova

It’s “drill, baby, drill” time in the U.S. shale patch—but mostly for natural gas. U.S. producers continue to keep oil output steady amid WTI Crude prices below $70 per…

Natural Gas, Not Oil, May Be the Real Winner of Trump’s EPA Overhaul

Mar 18, 2025 at 10:03 | Leonard Hyman & William Tilles

Lee Zeldin, administrator of the US Environmental Protection Agency (EPA), who obviously watches too many grade B movies, announced the upending of decades of environmental rules and regulations, which he…

Oil Markets Refocus on Geopolitical Risk

Mar 18, 2025 at 09:55 | Michael Kern

Oil markets are refocusing on geopolitical risk after the Israel-Hamas ceasefire broke down and the United States engaged the Houthis in Yemen.

Energy Storage Fuels the Clean Energy Shift

Mar 18, 2025 at 09:08 | Haley Zaremba

Energy storage solutions are at the heart of a successful clean energy transition. As more wind and solar energy are integrated into global power grids

Turkey Diversifies Crude Oil Imports Away From Russia

Mar 18, 2025 at 08:37 | Tsvetana Paraskova

Turkey has started to diversify its oil supply away from Russia and is buying crude from as far as Brazil after its top refiner limited intake of Russian oil only…

Why OPEC+ is Supporting a Potentially Disastrous Rise in Oil Production

Mar 17, 2025 at 17:52 | Simon Watkins

Oil prices have fallen fast since the 3 March announcement from OPEC+ that it will go ahead with a planned rise in its collective oil production. The prospect of increased…

Harold Hamm: ‘Drill, Baby, Drill’ Needs $80 Oil

Mar 17, 2025 at 16:53 | Tsvetana Paraskova

U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high $60s, for a “drill, baby, drill” boom,…

Will Washington Really Make Drilling on Federal Lands Easier?

Mar 17, 2025 at 14:11 | Alex Kimani

U.S. Interior Secretary Doug Burgum has been effusive in his praise of the oil and gas industry in remarks delivered at CERAWeek by S&P Global conference, telling energy…

Carlyle's Mediterranean Deal Is in Jeopardy

Mar 17, 2025 at 10:55 | Cyril Widdershoven

The highly anticipated $945 million acquisition deal between Carlyle and Energean is reportedly facing serious obstacles. According to statements from Energean and industry insiders, Carlyle’s offer is encountering…

Qatar to Supply Natural Gas to Syria via Arab Pipeline

Mar 17, 2025 at 09:07 | ZeroHedge

Almost exactly 12 years ago, we explained that the sequence of events that would define the face of the Middle East, and spark one of the bloodiest conflicts…

Milder Winter Leads to Rare Decline in Chinese Power Generation

Mar 17, 2025 at 08:13 | Tsvetana Paraskova

Mild winter temperatures pushed China’s electricity generation to only the third drop in the January - February period since 1990. China’s power generation declined by 1.3% in January and February…

Mexico’s LNG Ambitions Face Reality Check

Mar 16, 2025 at 14:53 | Alex Kimani

Over the past decade, the global energy sector has turned its attention to Latin America thanks to the region’s critical role in the ongoing electrification drive. Latin America…

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