- Five Major Challenges Facing The Energy Industry
- Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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272021-05
- Top Five Oil Firms Saw Revenues Fall 31% In 2020
- The five largest oil and gas companies in the world saw their combined revenues drop by 30 percent last year, although they still generated more than $1 tri
192021-05
- Oil Steady Near Two-Year High on Improving U.S. Demand Outlook
- Oil held gains near a two-year high with optimism building about the demand outlook in key regions such as the U.S., even as the coronavirus makes a comeba
122021-05
- Big Oil and its green ambitions could be about to get a serious reality check
- Oil and gas majors on both sides of the Atlantic are preparing to hold their annual shareholder meetings in the coming weeks. It comes at a time when the w
072021-05
- Saudi Aramco's Q1 crude oil output falls 12% on year to 8.6 mil b/d
- Saudi Aramco's crude production averaged 8.6 million b/d in the first quarter, down 12.2% from 9.8 million b/d in Q1 2020 due to OPEC+ production cuts and
272021-04
- Oil prices end the week down as demand’s rebound gets patchy
- Oil prices fell last week with spreading coronavirus cases in countries such as India tempering optimism around positive signs out of the U.S. and Europe.
212021-04
- Saudi Aramco Restarts Projects To Boost Oil Production Capacity
- The world’s largest oil company and biggest oil exporter, Saudi Aramco, has resumed tendering and development work on major offshore oil expansion pr
132021-04
- OPEC+ bolsters output by 450,000 b/d in March despite strong compliance
- Crude oil production from OPEC and its allies rose by 450,000 b/d in March, as Russia and Iraq pumped well above their agreed caps. OPEC's 13 members pu
072021-04
- Saudi Aramco Raises Asian Oil Sale Prices
- Saudi Arabian Oil Co. on Sunday raised all of the prices at which it will sell oil to Asia in May, while slightly lowering its prices for the U.S. and Euro
312021-03
- Shale Oil’s New Investors Want Discipline And A Smaller Environmental Footprint
- Gone are the days when shale oil and gas companies could persuade investors to write checks by simply pumping lots of oil. These days a different and mo
242021-03
- Oil falls more than 3% as European coronavirus curbs point to demand hit
- Oil prices fell more than 3% on Tuesday, hit by concerns that new pandemic curbs and slow vaccine rollouts in Europe will hold back a recovery in demand, w
