Facing declining domestic production, energy…
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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…
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.…
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”…
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…
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,…
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.
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…
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…
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…
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 are refocusing on geopolitical risk after the Israel-Hamas ceasefire broke down and the United States engaged the Houthis in Yemen.
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 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…
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…
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,…
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…
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…
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…
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…
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…