Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Natural gas has been hailed as the bridge between a fossil fuel past and a low-carbon future. It has also been demonized as a Trojan…
Crude oil prices fell earlier today, starting the week with a decline on expectations of another rate hike by the Fed that combined with weaker-than-expected…
The multibillion-dollar initial public offering of the gas business of Emirati ADNOC sent the UAE to the top spot among Gulf states in terms of…
Many believe that the beginning of the crude oil industry was marked in the United States with the discovery of the Titusville well in Pennsylvania in the…
Exxon will go ahead with a $12.7-billion oil development off the coast of Guyana after the country’s government gave its final approval to the project.…
Coal power plants produced less electricity this winter despite the energy crunch in Europe, a climate think tank has reported. According to Ember, quoted by…
Scott Sheffield, chief executive of Pioneer Natural Resources, is set to retire at the end of the year. Pioneer recently made the news with a…
Crude oil prices moved higher today, after the Energy Information Administration reported an inventory draw of 5.1 million barrels for the week to April 21.…
The European Union finalized the approval of a carbon tax reform that will see polluting industries face higher costs for continuing to generate emissions and incentivize the…
Up to a trillion dollars in subsidies for low-carbon energy and related infrastructure are up for grabs amid the Biden administration’s push to transform the…
Anti-oil groups won a victory on Monday after the Supreme Court ruled that lawsuits brought against the oil industry by municipalities should proceed at the…
We all know who the biggest producers of crude oil in the world are and can list the top three without effort. But here’s the…
Russian plans to increase natural gas exports to China by almost 50 percent this year, Deputy Prime Minister Alexander Novak has said. Russia's Gazprom sends gas to China via…
It was the talk of the town last year. Traders bet on oil hitting $200 by March this year. Hedge fund managers warned it could even reach $250 before…
Crude oil extended a two-day streak of losses today, with morning trade sending both Brent and West Texas Intermediate lower. Bar a sudden reversal of…
Global inventories of liquefied natural gas have increased this month driven by weaker demand, Reuters has reported, noting demand is about to recover in the…
Earlier this month, in an op-ed for the Financial Times, the head of the International Energy Agency, Fatih Birol, wrote that renewable energy was expanding faster than…
U.S. natural gas production is booming. The country is pumping so much of the commodity that prices have dropped to multi-year lows after last year,…
Demand worries outweighed supply concerns this week to push down oil prices, reinforced by heightened expectations of more U.S. rate hikes that lifted the greenback.…
Crude oil prices inched lower today, after the U.S. Energy Information Administration reported an inventory draw of 4.6 million barrels for the week to April…