Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
The United States is currently grappling with elevated commodity prices including high fuel and food prices. Although gasoline prices have fallen off significantly from their…
After an initial bump following OPEC’s announcement that it will cut production by 2 million barrels per day, oil prices have fallen sharply due to…
Saudi Arabia’s national oil company Saudi Aramco has launched a $1.5 billion Sustainability Fund that will invest in technology supporting a “stable and inclusive” energy…
U.S. oil and gas major Exxon Mobil (NYSE: XOM) has announced on Wednesday that it has made two more discoveries at the Sailfin-1 and Yarrow-1…
The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following Russia's invasion…
Whereas supplies of Russian pipeline gas--the bulk of Europe’s gas imports before the Ukraine war--are down to a trickle, Europe has been hungrily scooping up…
Oil stocks have continued to show a clear disconnect from the commodity they track, with oil equities staging a powerful rally even as oil prices…
Norway’s Prime Minister Jonas Gahr Støre has invited the navies of NATO allies Britain, France and Germany to help address more drone sightings over key…
For nearly three years, China has been implementing some of the world’s strictest pandemic control policies, imposing incessant lockdowns across the country, shutting down borders,…
During the last energy boom, American drillers binged on mountains of readily available debt as they capitalized on investors and financiers willing to gamble on…
For the first time since Russia invaded, Ukraine is facing large-scale nationwide disruptions to electricity and rolling blackouts from extensive damage to the country’s power…
Over the past couple of years, Wall Street banks, E&P companies and investors have faced mounting pressure to disinvest in fossil fuels. Last year, BlackRock…
]The energy sector has enjoyed bumper profits in the current year, with Big Oil companies setting records right, left and center. ExxonMobil (NYSE: XOM), Chevron…
Norway's domestic security agency has opened an investigation into new drone sightings near key infrastructure sites just hours after Bergen Airport, which is near Norway’s…
Oilfield services giant Baker Hughes (NASDAQ: BKR) has posted mixed Q3 2022 results, with Q3 Non-GAAP EPS of $0.26 beating by $0.01 but revenue of…
With the European Union set to enact a price cap for Russian oil exports via maritime transport, Russia’s biggest oil exporter, Rosneft, has expanded its…
President Joe Biden has repeatedly urged U.S. oil companies to step up production in a bid to increase oil supply and ease fuel prices. However,…
Reuters reported on Monday that Norway's Equinor ASA (NYSE: EQNR)is considering buying oilfields in the British North Sea from China's CNOOC Ltd (OTCPK: CEOHF), including…
After a relentless four-week climb, U.S. national average gas prices have declined, falling 5.4 cents from a week ago to $3.86 per gallon on Monday.…
The last two energy crises that threatened hundreds of energy companies with bankruptcy have rewritten the oil and gas M&A playbook. Previously, oil and gas…