Charles is a writer for Oilprice.com
Tesla’s 10-million-square-foot, $5-billion lithium battery “gigafactory” in Nevada is the key to plans for a cheaper electric car, but with construction now well under way,…
Doubts are being cast as to the viability of Australia’s massive $54-billion Gorgon gas project—the most expensive in the world—as first cargoes are set to…
Energy bonds have become so beaten down that the yields on bonds from some investment grade energy companies are spiking above the yields on junk-rated…
Whiting Petroleum Corp. (NYSE:WLL), the largest oil producer in North Dakota, has announced that it will suspend all fracking in the state and cut its…
The massive Leviathan gas field, nestled deep inside the Levantine basin off Israel’s Mediterranean coast, is considered a game-changer for both Israel and Europe, but…
After a rough run with its stocks amid bankruptcy rumors, battered Chesapeake Energy Corp. is now back in the game, with share prices soaring on…
The natural gas leak in Los Angeles that spewed methane into the air for several months is now considered to be the worst man-made climate…
A new era for U.S. energy has begun. The first shipment of LNG has officially left American shores, a highly anticipated event that has been…
Oil prices soured after Tuesday’s comments from Saudi Arabia’s oil minister Ali al-Naimi, who essentially ruled out the possibility of an OPEC production cut. The…
The oil exporting countries of the Gulf Cooperation Council (GCC) are likely to report twin deficits due to the downturn in oil prices and a…
Saudi Arabia’s oil minister spoke in Houston at the IHS CERAWeek conference, where he poured cold water on the prospect of a production cut. Saudi…
This is a financial cold war—nothing more, nothing less. While there are billions of reasons to cut output, and every major producing country is reeling…
For the first time in over two decades, ExxonMobil failed to replace the oil and gas that it pumped in a year. ExxonMobil reported on…
During a sombre visit to Germany last week, Iraqi Prime Minister Haider al-Abadi urged the international community to help boost his country's crisis economy in…
A new oil and gas tax package introduced in late December and launching high-level disputes with foreign energy companies may be dead in the water,…
Tumbling for the ninth week in a row, the oil rig count is now down by another 27 rigs, according to Baker Hughes data from…
Iran is reportedly delaying the sale of its new heavy oil grade by several months as the country works out a marketing plan, news agencies…
Enbridge says that new requirements expected to come out of a Minnesota environmental impact statement for work on two major U.S. pipeline projects could lead…
U.S. warplanes have carried out attacks on Islamic State militants, targeting an apparent training camp in Sabratha, some 70 kilometers west of the capital, Tripoli.…
Emerging East African oil giant Kenya is sitting on about one billion barrels of reserves that its discoverers say is commercially viable even with oil…