The world’s ‘Big 3’ crude oil exporters – Saudi Arabia, Russia, and the United States – saw their combined shipments slump by nearly 700,000 barrels per day (bpd) in August…
OPEC+ has started discussing a possible delay to their planned easing of the production cuts after oil prices crashed in the past days to the lowest level in 9 months,…
Crude oil prices extended a decline that began earlier this week today as pessimism about demand, especially from China, deepened while expectations arose that Libya could resume its oil exports.…
A month before OPEC+ is set to announce its decision on whether the gradual easing of the ongoing oil production cuts will start as planned in October, the market is…
Five years ago, Egypt was one of the promising new regional and potentially global gas hubs. Following the massive Zohr discovery about a decade ago, the promise was justified. Now,…
The US Treasury and State departments ramped up the pressure on Russia’s critical liquefied natural gas (LNG) sector again last week, the day before the 24 August commemoration day of…
Via Metal Miner The cobalt mining industry, particularly in the Democratic Republic of the Congo, has received backlash in both the past and…
Over the weekend, the biggest gathering of think tanks in Central Europe, the Globsec forum, took place in Prague. The theme was "Taming The Storm," a reference to…
Argentina has made a big step forward in attracting foreign and domestic investment into the country’s energy sector with the passage of the Basis Law, which included the…
A swirl of recent activity in Central Asia and the Caspian Basin aimed at improving trade is belying the notion that August is vacation season. Late…
News broke Monday that Volkswagen is considering plant closures in Germany. The auto giant faces falling profits due to slowing sales in China and other major markets. This…
The head of the International Atomic Energy Agency (IAEA) announced his arrival in Ukraine on September 3 as part of ongoing efforts to "help prevent a nuclear accident"…
Oil prices tumbled on Tuesday morning as speculation continued that the eight leading OPEC+ producers would unwind their voluntary production cuts.
The world’s largest crude oil exporter, Saudi Aramco, continues to be on the lookout for acquisition opportunities in the downstream and LNG, a senior executive told Reuters in an
Oil stocks went back in vogue two years ago with a vengeance as investors sought to get a piece of the record profits the industry reaped from the gas…
Every episode of the late-1970s/early-1980s cult spoof TV soap-opera series, ‘Soap’, began with the recounting of a bizarre series of events followed by the phrase, ‘Confused? You won’t be after…
Global electricity generation from solar farms has exceeded power generation from wind farms since May, marking the longest stretch in history where solar…
Despite the accelerating energy transition, oil and gas will remain central to the global energy mix for the foreseeable future as the key hydrocarbon sources continue to satisfy global primary…
As the Greek-flagged oil tanker MV Sounion burns in the southern Red Sea, Iran-backed Houthi militants targeted two ships with missiles and drones in the critical maritime chokepoint on Monday.
One of the North Sea’s largest oil and gas projects has been plunged into uncertainty after its operator announced it was slowing down investment in light of “fiscal and regulatory…