In the oil rig basins…
An earthquake in Taiwan caused…
Demand for loans from the…
A U.S.-based biotechnology firm is using carbon-eating bacteria to turn emissions from steel mills, refineries, and other heavily polluting industrial processes into ethanol and chemicals, helping reduce carbon emissions and…
Saudi Aramco is the biggest investor in artificial intelligence in the oil industry. The fact was recently revealed in a report by GlobalData, which also showed the Saudi state…
Last year, profits in the oil industry were noticeably lower than in the previous year. Pretty much everyone in oil and gas booked a decline in the bottom line…
A wide range of organisations and communities are battling against oil majors and winning, as governments worldwide start putting the environment first. In the last few years, the number of…
The looming threat of cyberattacks from China is intensifying in the United States. Already, incidences of attacks from Chinese spy agencies are increasing in the West, and Beijing…
Princeton Plasma Physics Laboratory (PPPL) idea follows the Japanese art of kintsugi, an artist takes the broken shards of a bowl and fuses them back together with…
Russia’s energy behemoth Gazprom announced with great fanfare in early 2024 that it had overtaken Turkmenistan as China’s largest supplier of natural gas in terms of volume.…
Having adversely intervened in virtually every other M&A deal in the past 3 years, the Biden FTC will reportedly allow Exxon's $60 billion purchase of Pioneer to go…
The United Arab Emirates state-owned oil company, Adnoc, has updated its maximum crude oil production capacity figure—and without much fanfare. ADNOC has quietly updated the figure on its
Energy markets have kicked off the new month on the back foot, with oil prices sliding 3% in Wednesday’s intraday session following a surprise U.S. inventory build amid lingering uncertainty…
We are nearly halfway through the earnings season, with 46% of S&P 500 companies having returned their first quarter scorecards. According to FactSet data, 77% of S&P 500 companies…
Permian producers are not shutting in oil wells with associated natural gas despite the fact that the Texas regional gas price has been stuck at below-zero levels since early March.…
The future of the global energy sector is caught up in a messy and misleading ideological debate. Depending on which politically informed echo chamber one inevitably finds themself confined to…
Crude oil prices went lower today after the U.S. Energy Information Administration reported an inventory increase of 7.3 million barrels for the week to April 26. This compared with…
National Institute for Materials Science, Japan scientists have succeeded in simulating the magnetization reversal of Nd-Fe-B (neodymium iron boron) magnets. The simulation was made possible…
With shares of CCJ tumbling earlier today after the company reported soggy Q1 earnings, despite its recent initiating coverage report by an enthusiastic Goldman Sachs which sees the…
Profits at ExxonMobil and Chevron have dropped compared to the record-highs of the past two years, but the U.S. supermajors are doubling down on oil production from the two most…
WTI crude found resistance at $81 per barrel this morning, countering a sell-off as traders discount geopolitical risk.
On a global level, rich nations have a greater capacity to transition toward clean technologies and leave cheap and abundant fossil fuels in the ground. Nevertheless, the richest countries are…
After the biggest first quarter for global upstream dealmaking in five years, the industry could see another $150 billion of merger and acquisition (M&A) deals in the remainder…