Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
After months of skepticism, traders seem to have finally realized that OPEC+ is serious about keeping crude oil supply constrained. Per the latest weekly data…
French lender Credit Agricole has declared it will no longer finance the Rovuma LNG project in Mozambique and the Papua LNG project in Papua New…
Australia’s transition to net zero is being threatened by the limited availability of local natural gas supply, one of the country’s biggest energy infrastructure operators.…
Mexico’s troubled state energy major Pemex has announced plans to slash its carbon dioxide emissions by 54% over the next six years—perhaps the most ambitious…
Commodity demand will increase this year driven by interest rate cuts by central banks. This is according to Goldman Sachs, which sees potential commodity returns…
Oil prices have become very difficult to predict. This is the latest outtake from CERAWeek where analysts discussed how so many of them managed to…
16 states are suing the federal government for the decision to “pause” new LNG export capacity permitting. The plaintiffs, all Republican-led, include Texas and Louisiana,…
BlackRock has asked Texas authorities to reconsider the withdrawal of $8.5 billion in assets of the Permanent School Fund from the asset manager. The decision…
Oil prices are set to end this week flat after gaining around 3% last week amid robust demand and growing supply unease. This week, these…
This week, the Environmental Protection Agency announced the finalization of new tailpipe emission standards. The agency boasted that these were the strictest standards ever, adding that they…
The threat of attacks by Yemeni Houthis on vessels crossing the Red Sea have added 100,000 bpd to global oil demand as ships choose to…
A substantial decline in LNG prices has led to an increase in purchases on the spot market from Asian buyers, such as China, India, and…
Until recently, large oil companies tended to stay quiet when governments and activists urged them to accelerate the transition from their products to alternative energy…
Crude oil prices were trading lower today after the Energy Information Administration reported that U.S. crude oil inventories had shed 2 million barrels in the week…
A Chinese company has bought a cargo of Canadian crude, to be shipped via the expanded Trans Mountain pipeline in May-June, Bloomberg has reported, citing…
Natural gas prices in the United States plunged 62% last year compared to a year earlier. Prices were driven lower by booming production, where growth substantially outpaced…
Many tech analysts have accused the oil industry of being too slow to adopt new technology. Yet the industry is itself the source of much…
Crude oil prices held on to their gains from last week, moving higher still in mid-morning trade in Asia today amid continued concern about supply.…
Iran has signed new contracts for the development of oil fields worth $13 billion, planning to add 350,000 bpd to daily production. The deals are…
During the latest financial reporting season, the car manufacturing industry did not have a lot of good news to report to their shareholders regarding their…