Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Saudi Arabia may reduce the official selling price of its flagship Arab Light grade for Asian buyers further, according to analysts polled by Reuters. The…
In January this year, at the Davos summit, the leader of Britain's Labour party, Keir Starmer, said that if Labour won the next elections, they would…
Crude oil prices retreated today in Asian trade following modest gains made on Monday on the news that President Biden and House Speaker and top…
Asian oil imports were due for a marked rebound this month after the end of the maintenance season. Chances are that a lot of the…
Crude oil began trading this week with a gain after President Biden and House Speaker Kevin McCarthy were reported to have reached a provisional agreement…
Solar power has been touted as the cheapest available source of energy for several years now. Solar power proponents have been talking about the consistent…
Crude oil began trade on Friday with a slight decline as traders weighted mixed messages from the two biggest members of OPEC+. Earlier in the…
Lloyd’s Register has removed the certification of 21 vessels operated by Indian shipping company Gatik Ship Management, which is one of the biggest shippers of…
Germans are criticizing a government plan to ban oil and gas boilers and replace them with heat pumps, arguing it is happening too fast and…
Last year, Europe was in the grips of a gas crunch that sent the price of electricity—and everything produced with its participation—soaring. Then the crisis…
Crude oil prices began to trade on Thursday with little change from Wednesday’s close as opposing forces kept them stable. On the one hand, fear…
Exxon and its partners in the offshore Stabroek Block in Guyana made almost $6 billion from their operations there, Reuters has reported, citing official documents.…
A number of prominent members of the Net Zero Insurance Alliance have quit the organization in recent months and this has prompted its leadership to…
Crude oil prices jumped higher today after the U.S. Energy Information Administration estimated inventories in the country had shed 12.5 million barrels in the week to May…
A debt default by the U.S. federal government would shake up the global energy market, S&P Global Commodity Insights has warned, adding, however, that the…
Earlier this month, the Norwegian energy ministry said the country would be stepping up oil and gas exploration in the Norwegian continental shelf to improve…
China installed three times more solar capacity in the first four months this year than in the same period of last year, beating its own…
Big Oil is in the middle of a war no one could have seen coming just a few years ago. On one side are investors…
Crude oil prices started the week sluggishly, with the benchmarks declining slightly at the time of writing, after posting a modest gain for the previous…
There will be no significant effect on oil prices from stricter enforcement of the price cap on Russian oil exports as supply will not change…