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Breaking News:

Gazprom Neft Shrugs at Urals Price Drop

Big Oil Goes Back to What It Does Best

Big Oil Goes Back to What It Does Best

BP, Shell, and others are…

Trump Tariffs Threaten U.S. Oil Refiners

Trump Tariffs Threaten U.S. Oil Refiners

New tariffs on energy imports…

Turkish Energy Benefits from Global Upheaval

Turkish Energy Benefits from Global Upheaval

Turkish President Recep Tayyip Erdo?an…

Energy

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.

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…

Oil’s Oversupply Spiral: Can Prices Stay Above $60?

Mar 14, 2025 at 13:42 | Irina Slav

The International Energy Agency just threw a bucket of ice water on oil bulls, reporting that crude supply is outpacing demand by 600,000 bpd and slashing its demand outlook for…

Guyana’s Oil Exports Skyrocket—And Europe’s Refiners Love It

Mar 14, 2025 at 12:59 | Tsvetana Paraskova

Five years after an Exxon-led consortium produced the first oil offshore Guyana, the country is pumping more than 600,000 barrels per day (bpd) of crude and has become South America’s…

U.S. Rig Count Stalls as Oil Prices Keep Drillers in Check

Mar 14, 2025 at 12:18 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data that Baker Hughes published on Friday, following…

Barclays Slashes Oil Price Forecast on 500,000 Bpd Demand Growth Cut

Mar 14, 2025 at 10:47 | Charles Kennedy

Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast, as it slashed its global demand growth estimate in mounting economic uncertainties.…

Hedge Funds Cut Bullish Oil Bets Aggressively

Mar 14, 2025 at 10:17 | Editorial Dept

US Steel Tariffs Slap Hard, Until They Don’t - The US has imposed 25% tariffs on imported steel and aluminium, and even…

Wave Energy Poised for Major Breakthrough

Mar 14, 2025 at 10:13 | Felicity Bradstock

Wave energy could be primed for a swell of progress thanks to open data sharing. While advancements in wave energy have been piecemeal to date, an Australian startup…

Oil Prices Set for Weekly Gain Despite Demand Uncertainty

Mar 14, 2025 at 10:00 | Michael Kern

Oil prices are set to end the week with a slight increase despite market uncertainty over demand due to Trump's trade wars.

Russia Sees Global Oil Demand Rising in Summer Driving Season

Mar 14, 2025 at 08:11 | Tsvetana Paraskova

The next few months will see an increase in global oil demand as fuel consumption will rise in the summer driving season, Russian Deputy Prime Minister Alexander Novak told

The Future of Nigeria's Energy Sector Remains Unclear

Mar 14, 2025 at 02:58 | Felicity Bradstock

Nigeria has long been known for being an oil-rich state, as the biggest fossil fuel producer in Africa. In recent years, the government has increasingly focused on expanding the…

Aging Infrastructure Threatens the Future of European Energy

Mar 14, 2025 at 02:54 | Felicity Bradstock

As Europe’s energy demand continues to grow, the region’s transmission infrastructure is in dire need of an upgrade. There have long been concerns about investment in Europe’s grid lagging behind…

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