Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Baker Hughes reported a 13% annual increase in second-quarter revenues and a 41% annual increase in net profits, beating analyst expectations on its strong international…
Crude oil prices looked on track for a third weekly loss in a row, pressured by the perception of weaker-than-desired Chinese demand. Even so, oil…
A tanker carrying industrial fuel capsized off the coast of the Philippines, spilling some of its cargo. The MT Terra Nova carried 1.4 million liters…
Wildfires raging in Alberta are still spreading, jeopardizing more crude oil production and prompting evacuation alerts. For now, the amount of oil production curtailed because…
A loss before interest and taxes dragged down Ford’s second-quarter net result, missing analyst expectations despite an increase in revenues. The company reported revenues of…
The push to a net-zero emissions future has made governments pledge billions, potentially trillions, in funding for various initiatives, projects, and whole industries. Yet transition…
Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an inventory decline of 3.7 million barrels for the week to July 19. This compared with…
China and Russia have been discussing a high-level energy partnership that would benefit both countries, China’s Xinhua agency reported, citing a statement by Vice Premier Ding…
China’s natural gas consumption is this year expected to be between 6.5% and 7.7% higher than last year’s, potentially reaching 425 billion cubic meters, Xinhua…
The Australian government has issued new offshore gas exploration permits for the country’s east and west coasts to tackle a looming supply shortage, Reuters has reported,…
The energy transition would need a major change in the mentality of stock market investors to succeed. Investors’ focus on relatively fast returns and immediate…
A marked increase in LNG tanker purchases by companies registered in the UAE has sparked concern that Russia may be building a dark fleet for…
Australia’s Woodside Energy has struck a deal to acquire Tellurian for $1.2 billion as it seeks to turn into a “global LNG powerhouse”. The deal “adds a…
Crude oil prices started trading with a gain this week on hopes of a rate cut, bouncing back after posting a second consecutive weekly loss…
The energy transition is showing signs of losing momentum over the past few months. EV sales are slowing, wind and solar capacity additions are not…
German RWE, the largest power generating utility in the UK, has urged the new Labour government to speed up the expansion of offshore wind capacity…
Crude oil prices were set for a weekly decline despite earlier gains made largely on the back of economic data. The latest update that caused…
Virtually every single forecast about the future of transport focuses on its electrification—on the idea that EVs will take over roads, displacing the internal combustion…
Peak summer temperatures in some parts of Europe are threatening the normal operation of refineries, Bloomberg has reported, citing the situation in Greece and Poland.…
Saudi Aramco has attracted orders worth a total $31 billion for a fresh bond the company said it would place on international markets. The size…