Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
U.S. oil and gas companies spent a combined $250 billion in mergers and acquisitions last year. More than half of that came from just two megadeals: Exxon's…
Oil demand growth in China is about to weaken in the coming years as electric vehicle uptake and a switch from oil to LNG for…
Crude oil prices have been stuck between bearish and bullish news this week, booking a modest decline over the four days to Thursday. This could…
China’s CNOOC has announced a sizeable discovery offshore that could contain as much as 100 million tons of oil equivalent. The discovery was made in…
Supermajors had a record-shattering financial year in 2022. To the invariable chagrin of their governments, all of the big international oil companies made the most…
Exxon has filed for arbitration on the issue of its rights to first refusal to acquire the stake of Hess Corp. in the Stabroek Block…
Last weekend, OPEC and its partners, led by Russia, decided to extend their combined production cut agreement until the end of the first quarter. Nobody…
Back in 2019, Brazil produced over 1 billion barrels of crude oil. It was the first time the national total had broken the billion-barrel mark, and more…
Crude oil prices moved higher today, after the Energy Information Administration reported estimated inventory draws across fuels. In crude, the EIA reported a build of 1.4 million…
Crude oil prices recently logged their second monthly gain in a row as OPEC+ extended their supply curb deal until the end of Q2 2024. The…
Tellurian eyes the final investment decision for the first two trains of its Driftwood LNG plant before the end of this year. The news comes…
The Yemeni Houthis have said attacks on ships in the Red Sea will continue, saying they will target British-linked vessels. The announcement follows the sinking…
OPEC+ on Sunday agreed to extend its production cuts for another quarter, but the reaction from oil markets was relatively muted as the agreement had…
When Chevron announced it had struck a deal to acquire Hess Corp. for $53 billion last year, it was seen as yet another move by a supermajor…
Demand for petroleum products in China could peak before next year, the research unit of the China National Petroleum Corporation has forecast. The projection is…
Crude oil prices are set to end the week with a modest gain on expectations that OPEC+ will extend its production cap deal, tightening supply…
The Environmental Protection Agency has excluded already existing gas-fired power plants from a new regulation that would mandate the installation of carbon capture systems on…
Brazil’s state-owned energy heavyweight Petrobras will be distributing more modest dividends in the future as it prepares to become a renewable energy company. That’s according…
Analysts and energy industry executives are sounding the alarm about underinvestments in oil and gas exploration. This has been going on for years, and it…
Shell has put a quarter of its solar power assets in the United States on the market, Reuters reports, citing a company document and unnamed industry…