Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Crude oil prices were once again on the decline today in Asian morning trade, extending a slip that began yesterday after the American Petroleum Institute…
The piles of cash Big Oil made from last year's energy crunch have become the stuff of legend. They have also become a weapon in…
Crude oil prices began Tuesday trade with a dip as traders brace up for the April inflation data, to be released on Wednesday. The data…
In something of a reversal in trends, Occidental Petroleum has started buying back preferred stock it transferred to Warren Buffett’s Berkshire Hathaway in exchange for…
Two Republican legislators have called for an evaluation of the Department of Energy’s management of the Strategic Petroleum Reserve (SPR) and an audit of its…
On Friday, April 7th, Brent crude closed at over $85 per barrel. That was a few days after OPEC+ had announced it would reduce its…
There will be no winner in the EV market as uncertainty abounds in the sector. This is what Berkshire Hathaway CEO Warren Buffett said at…
In 2022, almost 7.8 million barrels of crude oil daily were produced from so-called tight oil resources. The other name for these is unconventional resources.…
Earlier this year, an event of historic proportions took place in Beijing. The foreign ministers of Saudi Arabia and Iran met in the Chinese capital…
Earlier this year, Russia said it would reduce its oil production rate by half a million barrels daily in response to Western sanctions and as…
Despite its push into wind and solar electricity generation, India is set to remain heavily reliant on coal power at least until 2030, Bloomberg has…
Crude oil prices are set to extend their losing streak to three weeks as recession fears and anxiety about the U.S. banking system prevail over…
China's factory activity dipped in April, the private Caixin purchasing managers' index has confirmed. According to Caixin, factory activity fell to 49.5 from 50 in…
The Senate voted this week to reinstate solar panel tariffs of up to 254% in a blow to the Biden administration, its energy transition plans,…
Crude oil prices continued lower after the Energy Information Administration reported yet another weekly inventory draw on crude oil inventories. The report came a day after the…
The world's largest lithium producer Albemarle has announced plans to expand a lithium processing facility in Australia, boosting its production capacity twofold to 100,000 tons…
Russia’s oil and gas revenues have rebounded from recent lows and the country is gearing up to resume purchases of foreign currency as early as…
Crude oil prices remained subdued today, pressured by data pointing to a slowdown in China’s recovery and the second-biggest bank collapse in the United States…
Brookfield Asset Management has disclosed plans to raise some $15 billion for a decarbonization push in the steelmaking industry using so-called green hydrogen. The firm…
The end of oil and gas is nigh. In a decade or so, demand will begin to ebb as electrification takes giant strides toward a…