Charles is a writer for Oilprice.com
Saudi Arabia’s Crown Prince Mohammed and the president of Nigeria Muhammadu Buhari, discussed the progress of the OPEC+ oil production cut deal this week in…
South Korea’s largest electric utility, state-controlled Korea Electric Power Corporation (KEPCO), has decided to buy a minority stake in a coal project in Indonesia despite…
OPEC further restricted its oil production in June compared to May as it aims to withhold a record volume of supply from the market together…
The United States held a record-high level of commercial crude oil inventories as of the week to June 19 following the collapse in demand in…
European refiners are shunning Russia’s flagship crude grade Urals, which is now more expensive than Brent Crude after Russia cut its exports as part of…
As China imported its highest-ever volume of crude oil in May, its imports from the world’s top oil exporter, Saudi Arabia, nearly doubled to the…
The Alberta government has extended until October an investigation into whether foreign groups are funding anti-oil protests in Canada, the Canadian Press reports, citing Energy Minister…
Russian state-controlled cybersecurity company Concern Avtomatika JSC is selling systems capable of disabling drones that target oil facilities—technology that has become sought-after in Russia and…
The European Union (EU) has a commendable green recovery plan, but it needs more robust policies than those currently in place if it were to…
The Attorney General of Minnesota filed a lawsuit against Exxon, the American Petroleum Institute, and Koch Industries, alleging they spent decades deceiving the public about…
U.S. cities and counties have signed procurement deals for nearly 8.3 gigawatts (GW) of renewable energy since 2015, the new Local Government Renewables Action Tracker…
Norway is looking to offer 136 blocks for oil and gas exploration in the licensing round for less explored areas on its shelf, including 125…
Historically low natural gas prices from Asia to Europe and lower demand in the pandemic have resulted in U.S. exports of liquefied natural gas (LNG)…
More than 1 million barrels per day (bpd) of curtailed crude oil production in Canada and lower demand in the pandemic have resulted in a…
After pushing General Haftar from Tripoli and key surrounding areas, Libya's Government of National Accord (GNA) thought it was game over for the general, but…
Fund managers with more than US$2.2 trillion in combined managed assets have urged companies with exposure to fossil fuels to take note of BP’s colossal asset…
Gulf Keystone Petroleum, which operates in Iraq’s semi-autonomous Kurdistan Region, is reducing its workforce by around 40 percent in view of the unprecedented oil market…
There is growing tanker congestion in the waters around Chinese oil ports as buyers rushed to take advantage of low oil prices in the past…
Nearly 85,000 people in the U.S. oilfield services industry have lost their jobs due to the pandemic-driven oil price crash and demand destruction, Houston-based Petroleum…
The world’s biggest oil-producing company, Saudi oil giant Aramco, has started laying off hundreds of employees—mostly foreign staff—across several divisions in response to the oil…