Charles is a writer for Oilprice.com
Kimmeridge Energy Management proposed on Wednesday a new offer for South Texas oil and gas producer SilverBow Resources as the energy asset manager continues to pursue a…
The UK signed on Wednesday a trade pact with Texas, aimed at boosting investment and trade cooperation in new energy solutions, life sciences, and professional services. The…
China’s Unipec, the trading division of Sinopec, has bought a rare cargo of North Sea oil amid lukewarm local demand. Citing unnamed sources from the…
UK-based supermajor Shell has been updating its strategy on climate targets and could announce a slower pace of its emissions reductions later this week, anonymous…
OPEC remains optimistic that the world will see robust oil demand growth this year and next amid improving economies and further upside potential in global…
Despite the voluntary production cuts of several major producers of the OPEC+ alliance, OPEC’s oil production rose in February by more than 200,000 barrels per…
China’s Sinopec has begun production at a natural gas field that has an annual capacity estimated at 2 billion cubic meters. The field, in the…
If Germany fails to make up for its winding down of Russian natural gas imports, high-priced LNG imports, delayed nuclear power phaseout, and even restarting…
The United States produced more crude oil than any other country in 2023, for the sixth year in a row, with production averaging 12.9 million…
The Office of Gas and Electricity Markets (Ofgem), the UK’s energy market regulator, has opened an investigation into an unnamed company for alleged abuse of dominant position.…
Over $8 billion in investments in renewable energy are now at risk in the wake of a ban on some renewable projects by Canada’s Alberta…
Just weeks after posting $2.4 billion in trading profits from liquefied natural gas (LNG) in the fourth quarter of last year, the long-time head of…
U.S. gasoline prices rose for a second week in a row, to average $3.40 per gallon on Monday, up by 6.2 cents from a week…
A team of oil industry experts from Brazil’s state energy major Petrobras have traveled to Venezuela at the invitation of President Nicolas Maduro despite U.S.…
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), the state oil giants of two of OPEC’s top producers, are in very early stages of…
Equinor has put into operation a 531-megawatt solar plant in Brazil, which boosts its power production in the South American country by 30%, the Norwegian…
Chinese coal imports this year are expected at around the record levels of 2023, according to an executive at China’s state-run utility Guangdong Energy Group.…
Following Russian Rosneft’s move to sell its refinery assets in Germany last week, Berlin on Thursday announced it would extend its trusteeship over the local…
Saudi Arabia has completed the transfer of an 8% stake in its state oil giant Aramco from state ownership to the Kingdom’s sovereign wealth fund,…
Chinese crude oil imports jumped by 5.1% in January and February compared to the same two months last year, government data showed on Thursday, as…