Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
This week, Goldman Sachs raised its oil price target to $100 again. The bank cited lower OPEC output combined with higher demand, which taken together, "more than…
The Offshore Alliance trade union has called off a strike at two Chevron LNG projects in Australia after the country’s labor market regulator mediated a…
"It's not about . . . jacking up prices, it's about making the decisions that are right when we have the data," Saudi energy minister Abdulaziz bin Salman said…
Crude oil prices moved higher today after the Energy Information Administration reported an inventory decline of 2.1 million barrels for the week to September 15.…
Crude oil prices dipped earlier today after a relentless rally that brought benchmarks to a 10-month high earlier this week. The dip was the result…
Shale oil production in the United States is set to decline for the third month in a row to 9.39 million barrels daily, the Energy…
When it comes to emissions reduction, carbon capture and storage is the main focus of the oil industry. That was the message from company executives…
A week ago, Danish transport giant Moeller-Maersk issued its first green bond. The debt, worth $750 million, will be used to “help finance or refinance green assets.”…
A shortage of diesel fuel has pushed Russia’s ESPO crude blend to a premium over Brent crude, Bloomberg has reported, citing unnamed traders. ESPO, named…
California’s governor, Gavin Newsom, accused the oil industry of lying days after the state’s Attorney General filed a lawsuit against five Big Oil majors for…
Earlier this week, the International Energy Agency warned that oil markets were in a deficit that would deepen in the fourth quarter. The reason? Saudi…
ConocoPhillips has inked a 15-year LNG supply deal with Netherlands-based Gate Terminal that would expand Conoco’s gas presence in Europe by 1l.5 million tons in…
Crude oil prices were set for a third week of increases today, lifted by the growing imbalance between demand and supply, and by China’s latest…
In her State of the Union address this week, EC President Ursula von der Leyen made a point about the EU’s growing independence in sectors…
Workers at two LNG projects operated by Chevron have stepped up their industrial action that began earlier this week, and plan further escalations in the…
Higher gasoline and diesel prices pushed U.S. inflation higher in August, prompting the White House to reach out to the oil and gas industry, to…
Consistently higher living expenses have deepened a rift among—and within—EU members about tackling climate change and moving away from oil, gas, and coal. The development…
Crude oil prices ticked lower today after the Energy Information Administration reported an inventory build of 4 million barrels for the week to September 8.…
Last week, Brent crude topped $90 per barrel for the first time since last November, and WTI climbed to an 11-month high, too. The reason:…
Demand for oil, natural gas, and coal is nearing its peak, the head of the International Energy Agency said in an op-ed for the Financial Times,…