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 2021-07-31 23:00 

OilPrice.com

China Doubles Down On Coal Despite Global Push To Go Green...

While much of the world is racing towards greener energy, coal is exploding in China with higher temperatures leaving the country desperate for electricity...

 2021-07-31 19:00 

OilPrice.com

Russia's Mediterranean Pivot Will Come At A Cost...

Russia's attempt to gain influence in the highly strategic Mediterranean region may seem successful at first sight, but it finds itself challenged by the EU, U.S. And China...

 2021-07-31 17:00 

OilPrice.com

Rollercoaster Ride Continues For Didi After Government Rug-Pull...

China's transport regulator plans to deepen...

 2021-07-31 15:00 

OilPrice.com

Israeli-Managed Tanker Attacked Off The Coast Of Oman...

An Israeli-managed tanker was attacked in the Arabian Sea off the coast of Oman, leaving two crew members dead...

 2021-07-30 19:30 

OilPrice.com

Eni Boosts Dividend To Pre-COVID Level After Strong Q2 Earnings...

Italy's energy giant Eni is raising its dividend to the pre-COVID levels after reporting on Friday an adjusted net profit for the second quarter that was back to pre-pandemic figures....

 2021-07-30 19:00 

OilPrice.com

Oil Bulls Remain Confident Despite Covid Concerns...

Oil prices climbed this week as U.S. inventories tightened and the risk of Iran reaching a new deal and bringing extra crude online decreased....

 2021-07-30 18:30 

OilPrice.com

TC Energy To Use Renewable Energy To Run Pipeline Network...

Canadian TC Energy plans to start using renewable energy to run its pipeline network in a bid to reduce its carbon footprint...

 2021-07-30 17:11 

OilPrice.com

U.S. Oil Rig Count Slips Amid Drop In U.S. Oil Output...

The U.S. rig count fell this week, with the Permian being the only producing basin that added a rig...

 2021-07-30 16:00 

OilPrice.com

Analysts See Oil Trading Closer To $70 Through Year-End...

Oil analysts and economists believe that $70 a barrel is a more realistic outlook for Brent Crude prices for the rest of the year than $80 oil...

 2021-07-30 15:30 

OilPrice.com

Chevron Resumes Share Buybacks After Q2 Profit Beats Estimates...

Chevron is resuming share repurchases after reporting earnings above expectations for the second quarter on the back of rallying commodity prices...

 2021-07-30 15:00 

OilPrice.com

Natural Gas Deficit Causes Prices To Soar...

Natural gas prices are rising across Europe and Asia due to tighter supply of the commodity, lower production in Europe, and lower exports from Russia...

 2021-07-30 14:30 

OilPrice.com

Tesla's Giant Australian Battery Bursts Into Flames...

The giant Tesla lithium-ion battery that French Neoen is building in the Australian province of Victoria is burning, according to the fire and rescue service of the province...

 2021-07-30 14:00 

OilPrice.com

ExxonMobil Beats Earnings Estimates As Its Chemicals Business Booms...

Higher oil and gas demand and the best-ever quarterly performance in the chemicals business helped ExxonMobil beat analyst expectations...

 2021-07-30 00:00 

OilPrice.com

Is America's Oil Industry Too Big To Fail?...

America's oil and gas industry employs over 11 million people and is worth more than $1.6 trillion, making the energy transition more difficult than it may seem...

 2021-07-29 23:00 

OilPrice.com

Net-Zero Agenda Clashes With Rapidly Rising Global Energy Demand...

Despite their rapid growth, renewables and zero-carbon technologies are not yet capable of meeting the increase in energy demand that a rising global population brings with it...

 2021-07-29 22:30 

OilPrice.com

Massive California Solar Project Faces Strong Opposition...

Local residents, ranchers, and farmers are opposing plans for the largest solar power facility in the San Francisco Bay Area...

 2021-07-29 22:00 

OilPrice.com

Can The Middle East Really Become A Leader In Renewable Energy?...

GCC countries are looking to position themselves as global renewable energy leaders, but do they really have what it takes to seize that position?...

 2021-07-29 21:30 

OilPrice.com

U.S. And Russia Urge China And Europe To Get Involved In Nuclear Talks...

The United States and Russia are encouraging Britain, France and China to become part of wider nuclear arms control talks...

 2021-07-29 21:00 

OilPrice.com

Oil Market Still Far From Being Back To 'Normal'...

Oil prices have staged a remarkable recovery since the beginning of the year, but with COVID-19 infections flaring up again and Chinese imports wavering, the market is not yet out of the woods...

 2021-07-29 20:30 

OilPrice.com

Lawsuit Threatens U.S. Lithium Mining Project...

Lawsuits are now threatening made-in-America lithium, the mineral that analysts believe is one of the key metals bound to enable the energy transition...

 2021-07-29 20:00 

OilPrice.com

Can The Biden Administration Meet Its Ambitious Offshore Wind Power Target?...

The Biden administration was previously aiming to build as much as 30GW of offshore wind power generation, but it could miss its target...

 2021-07-29 19:00 

OilPrice.com

Can G7 Countries Compete With China's Belt And Road Initiative?...

The G7 has unveiled a new global infrastructure initiative to compete with China's flagship Belt and Road drive...

 2021-07-29 18:30 

OilPrice.com

Renewable Power Projects Overtake Oil & Gas In Middle East...

Middle East countries are focusing on emission reductions and raising the share of renewables in their domestic power mix...

 2021-07-29 18:00 

OilPrice.com

Goldman Sachs Predicts Drastic Rise In Power Demand Due To EVs...

Financial giant Goldman Sachs is predicting a rise in power demand to meet the needs of the electric vehicle revolution...

 2021-07-29 18:00 

OilPrice.com

TotalEnergies Starts Buybacks As Rallying Oil Price Boosts Earnings...

TotalEnergies reported on Thursday an adjusted net income of $3.46 billion for the second quarter of 2021, up from $129 million for Q2 2020, and 20 percent higher compared to the pre-crisis Q2 2019 quarter...

 2021-07-29 17:30 

OilPrice.com

U.S. Gasoline Prices Rally Once Again After A Brief Dip...

U.S. gasoline prices started rising again after a brief respite last week, in which oil prices slumped following the OPEC+ decision to add additional crude supply to the market every month starting in August...

 2021-07-29 17:00 

OilPrice.com

Explaining The Record Decline In Carbon Emissions...

Carbon emissions fell globally during 2020, but not every country saw its emissions decline during the pandemic...

 2021-07-29 16:31 

OilPrice.com

India's Renewable Industry To See $150 Billion Of Investment By 2030...

India's renewable energy industry could see equity investments of some $150 billion by 2030, according to Gaurav Singhal, managing director at Bank of America's Indian division...

 2021-07-29 16:00 

OilPrice.com

Total, Equinor To Quit Venezuela Venture...

French TotalEnergies and Norwegian Equinor will exit their oil joint venture with PDVSA, Bloomberg has reported, citing unnamed sources familiar with the matter...

 2021-07-29 15:30 

OilPrice.com

Senate Advances Debate On $550 Billion Infrastructure Bill...

The U.S. Senate voted on Wednesday to begin deliberations on a $550-billion infrastructure bill after a bipartisan working group announced the measure had garnered enough support...

 2021-07-29 15:00 

OilPrice.com

U.S. Nuclear Power May Not Have A Role In Energy Transition After All...

Exelon plans to shut down two Illinois nuclear power plants that it previously sought to keep afloat with state subsidies—and the reasons behind the shutdown raises questions as to the competitiveness of the nuclear industry as a whole...

 2021-07-29 14:30 

OilPrice.com

OMV: Nord Stream 2 Could Start Shipping Gas This Year...

The Russia-led Nord Stream 2 natural gas pipeline could begin shipping gas as soon as this year, one of the western investors in the project, Austria's OMV, said on Wednesday...

 2021-07-29 14:30 

OilPrice.com

Oil Tops $75 On Shrinking U.S. Crude Inventories...

Brent crude futures topped $75 on Thursday morning as U.S. crude oil inventories fell to 7 percent below the five-year average, according to EIA data...

 2021-07-29 14:00 

OilPrice.com

Shell Reports $5.5 Billion Net Profit And Hikes Dividends...

Anglo-Dutch Shell reported a net profit of $5.5 billion for the second quarter of the year as the oil giant enjoyed higher prices for its products...

 2021-07-29 00:00 

OilPrice.com

Shrinking Global Populations Poses An Existential Threat To Oil...

Falling global fertility rates may lead to a decline in population in the developed world, representing a huge, and rarely discussed challenge for oil markets...

 2021-07-28 23:00 

OilPrice.com

Oil Majors Are Primed For A Massive Earnings Season...

Big oil is expected to deliver blowout earnings in the coming days, with investors paying particular attention to the companies' climate efforts and dividends...

 2021-07-28 22:00 

OilPrice.com

Why Exxon Is Doubling Down On Guyana's Offshore Oil Boom...

ExxonMobil is investing heavily in Guyana's offshore oil boom, betting big on low breakeven prices and extensive reserves in the South American country...

 2021-07-28 21:30 

OilPrice.com

Why Won't Foreign Investors Back Kazakhstan's Renewable Revolution?...

Kazakhstan has been ambitiously pursuing an energy transition away from coal and towards renewable energy, but its renewable revolution is now facing problems...

 2021-07-28 21:00 

OilPrice.com

Why Norway Won't Give Up On Oil & Gas...

Western Europe's biggest oil and gas producer is doubling down on oil development and continues to consider oil exploration and production a critical part of its economy...

 2021-07-28 20:30 

OilPrice.com

Environmentalists Take Aim At UK's North Sea Oil Plan...

The High Court of the United Kingdom has agreed to hear legal challenges to the country's North Sea oil plan brought by environmentalists...

 2021-07-28 20:00 

OilPrice.com

Controlling The Weather Could Have Serious Global Implications...

The UAE has taken over headlines with their man-made rain project, sparking both environmental debates and political debates concerning the implications of this program...

 2021-07-28 19:30 

OilPrice.com

The Tech Boom Is Sending Tin Prices Into The Stratosphere...

Consumer demand for electrics has sent the price of tin into the stratosphere, with prices of the metal hitting a record high of $34,177 per metric ton...

 2021-07-28 19:00 

OilPrice.com

Renewables Will Play A Vital Role In Energy Security For The U.S....

America's shale revolution was a geopolitical gamechanger, but its global influence is fading, sparking a need to diversify into renewables to preserve its energy independence...

 2021-07-28 18:30 

OilPrice.com

Top Investors Back $5.4 Billion TPG Rise Climate Fund...

Alternative asset firm TPG announced this week the first close of $5.4 billion in subscriptions to its TPG Rise Climate fund, which attracted some of the world's largest institutional investors and multinational corporations...

 2021-07-28 18:00 

OilPrice.com

Here's Why Analysts Expect Record-High Earnings For ExxonMobil...

Analysts are expecting record-high earnings for oil major ExxonMobil as a result of extraordinary results of its petrochemicals division...

 2021-07-28 17:30 

OilPrice.com

Top Three U.S. Refiners Set For First Profits Since Pandemic Started...

The largest U.S. oil refiners are expected to report in the coming days profits for the second quarter—their first earnings since the pandemic crushed demand in early 2020...

 2021-07-28 17:00 

OilPrice.com

The Most Important Oil Project Of The Year Is Set To Go Live...

The importance of Iran's new Jask oil terminal cannot be overstated, and it is now ready to start loading vast quantities of crude oil...

 2021-07-28 16:30 

OilPrice.com

Value Of Saudi Oil Exports Jumps 147% In May...

Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia's oil exports in May 2021 compared to May 2020...

 2021-07-28 16:00 

OilPrice.com

Exxon Makes Another Major Oil Discovery Offshore Guyana...

ExxonMobil and its partner Hess Corporation have made another significant crude oil discovery offshore Guyana, the U.S. supermajor said on Wednesday...

 2021-07-28 15:30 

OilPrice.com

Russia Was World's Second-Largest Oil Producer In H1 2021...

Russia was the world's second-largest producer in the first five months of this year after the United States, data from Rosstat, the state statistics bureau, has revealed...

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