Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Last year, investments in low-carbon energy hit $1.1 trillion—a record high and a major increase on the previous year. However, this record investment did nothing for…
G7 will maintain its price cap on Russian crude oil at $60 per barrel, Reuters has reported, citing an official from the group, which partnered…
The last decade or so has been tumultuous for the oil industry. It's an industry underpinning every world economy, except perhaps isolated communities in the…
Energy security and the energy transition has been catapulted into the limelight over the last year, and the idea of living off the grid has…
The leaders of the world’s top seven rich countries have agreed to speed up the energy transition by setting more ambitious targets for wind and…
Predicting how an industry will look 20 or more years from now is always a challenge. There are always unforeseen factors that have potential powers…
Crude oil prices are about to record their fourth consecutive week of gains after OPEC said in its monthly report that supply is about to…
BP has put into operation its first deepwater oil platform in the Gulf of Mexico since the 2010 Deepwater Horizon disaster that caused the biggest…
Last year, Europe was on the brink of an energy breakdown as Russian gas flows dried up and most of Europe doubled down on renewable…
The price of Urals, Russia’s flagship export grade, has moved higher since the OPEC+ announcement, threatening the price cap that the G7 and the European…
A tightening oil market could prompt higher prices in the second half of the year, the head of the International Energy Agency, Fatih Birol, has…
The Permian basin has not yet seen peak oil production, according to Occidental’s chief executive Vicki Hollub. The executive believes that growth in the play’s…
Crude oil prices changed little today after the Energy Information Administration estimated a modest inventory increase of 600,000 barrels for the week to April 7.…
The end of a year and the start of a new one is usually a time fraught with forecasts about the trends that will shape…
Crude oil prices started the day with a gain, rising modestly in Asian morning trade as the market assessed the risk of another rate hike…
Citigroup has bucked the bullish oil price forecast trend in analyst circles, expecting oil prices to dip instead of rally further despite OPEC+’s efforts in…
Crude oil prices started the week steady, with Brent crude trading close to $85 per barrel and West Texas Intermediate at close to $80.50 per…
Toyota, which until now has largely steered clear of the EV market, has made an ambitious plan to launch 10 EV models in three years.…
Demand for oil in Asia remained robust in March thanks to strong imports by China and India, which offset weakening demand in some other Asian…
Crude oil prices are about to post a third weekly gain boosted by OPEC+’s unexpected decision to reduce its combined output by another 1.16 million…