Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Carmakers in the United States have been eager to help advance the EV agenda in the past half a decade or so. Ford, GM, and…
In 2023, China’s economy expanded by 5.3%. This would have been an impressive number worth celebrating for any other country. For China, however, the number…
U.S. natural gas producers are beginning to reduce drilling and investment as low prices weigh on their returns. Reuters reports that natural gas prices in…
This week, Crude oil prices got stuck between a pessimistic demand outlook from the International Energy Agency and signs that OPEC+ is working hard to…
Chinese electric vehicle major BYD is considering opening a factory in Mexico, the Wall Street Journal has reported. Citing unnamed sources, the publication said that…
JP Morgan Asset Management has left the Climate Action 100+ group that was set up to pressure companies into becoming greener. The reason for the…
In September last year, the European Union's electric utility industry association, Eurelectric, warned that the bloc needed what Reuters called "unprecedented" investments in grid upgrades. Otherwise, Eurelectric…
Crude oil prices trended lower today after the U.S. Energy Information Administration reported an estimated inventory increase of 12 million barrels for the week to February…
Tougher sanction enforcement by the United States has put a sizeable part of the tanker fleet used to carry Russian crude abroad out of commission.…
The U.S. oil industry and climate activists on Monday filed lawsuits against the federal government challenging its lease sale plans for the Gulf of Mexico.…
Last week, Brent crude closed above $81 per barrel, close to $82. This was a solid increase from the start of the week when the…
Crude oil began trade this week with a loss after Israel said it was done with bombing southern Gaza for the time being, suggesting a decline…
Germany is building 10 GW in new natural gas generation capacity. It is spending 16 billion euro on this. The news emerged earlier this week…
After a weak start to the week, crude oil benchmarks appear set for a weekly gain after the news broke that Israel has rejected a ceasefire offer…
Back in 2021, the International Energy Agency published what it called a landmark report titled “Net Zero by 2050: A Roadmap for the Global Energy Sector”. The…
The European Parliament and the Council of Europe this week agreed to postpone the entry into effect of sustainability reporting requirements by two years for…
Big Oil is joining forces with biofuel producers in a united front against electric vehicles. The message came from Bloomberg this week, suggesting EV sales were…
A Silicon Valley firm dubbed KoBold Metals has announced what it says is a huge copper deposit discovery in Zambia—one of the biggest producers of the metal…
Crude oil prices rose today shortly after the Energy Information Administration reported an inventory increase of 5.5 million barrels for the week to February 2. This…
Santos and Woodside have ended their merger talks that would have resulted in the creation of a $52-billion energy major with solid exposure to the…