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 2021-05-17 14:00 

OilPrice.com

COVID Crisis May Delay Oil Offloading Operations In India...

The alarming situation with the spread of the coronavirus in India has started to affect operations at some of India's ports, which could lead to delays in oil offloading and discharge of vessels and disrupt other trade operations...

 2021-05-16 23:00 

OilPrice.com

Russia Is Making A Mad Dash To Outrun Peak Oil Demand...

With peak oil demand looming, countries around the world are eager to sell as much oil as they can while there is still growth in the market...

 2021-05-16 21:00 

OilPrice.com

Is This One Of The Best Ways To Play The Electric Vehicle Boom?...

In the not-so-distant future, a majority of drivers probably won't even own the cars they drive in, instead they may join the rising phenomenon of car subscription services...

 2021-05-16 19:00 

OilPrice.com

The Saudi Aramco Sale Is A Key Part Of Vision 2030...

Saudi Arabia's ambitious plans to diversify away from oil are going to require a huge amount of cash, which explains why the sale of Aramco is so important...

 2021-05-16 17:00 

OilPrice.com

Venezuela's Oil Industry Needs Biden To Lift Sanctions...

Maduro's key backers Russia, China, and lately Iran have proven incapable of resurrecting Venezuela's shattered oil industry, and experts think that Venezuela won't manage to seriously restart its oil industry before U.S. sanctions are lifted...

 2021-05-15 23:00 

OilPrice.com

India's Faltering Oil Demand Sets The Tone For Middle East Producers...

Middle East producers are increasingly careful in hiking their OSPs to the world's hottest crude market Asia, as one of its largest crude buyers continues to grapple with record COVID infections...

 2021-05-15 21:00 

OilPrice.com

What Will It Take To Make Biden's Climate Plan Work?...

U.S. President Biden's plan to reduce carbon emissions by 50% by 2030 is regarded as highly ambitious, and Rystad Energy has now made a recipe of how these goals could be achieved...

 2021-05-15 19:00 

OilPrice.com

China's Global EV Expansion Has Tremendous Consequences For Metals...

China's EV makers are not only set to grow big in their domestic market, but also have great plans to expand in Western Markets and commodity demand in these overseas markets could see huge demand for metals as a result...

 2021-05-15 18:00 

OilPrice.com

Can U.S. LNG Compete In An Increasingly Crowded Market?...

The U.S. LNG industry was experiencing explosive growth before the pandemic, but as it recovers from the pandemic, the future of U.S. LNG exports looks uncertain...

 2021-05-15 17:00 

OilPrice.com

The UK's Brilliant Plan To Repurpose Abandoned Coal Mines...

The slow and painful death of coal is already beginning, but the UK has come up with a brilliant plan to repurpose abandoned coal mines...

 2021-05-15 15:00 

OilPrice.com

The U.S. Desperately Needs To Modernize Its Power Grid...

The United States is in desperate need of a power grid overhaul, and if it fails to act soon, it could leave the entire country facing a plethora of new problems...

 2021-05-14 22:00 

OilPrice.com

Conflict In Gaza Threatens U.S. Middle East Strategy...

The new wave of violence between Israel and Palestinian militants has serious consequences for Washington's Middle East normalisation strategy...

 2021-05-14 19:30 

OilPrice.com

UK Climate Boss: World Must End Coal To Save Planet...

The world needs to ditch coal in order to tackle climate change and save the planet, former UK business secretary Alok Sharma, who is now president for this year's global climate summit COP26, said on Friday....

 2021-05-14 19:00 

OilPrice.com

Oil Prices Rebound As Global Oil Glut Drains...

Oil prices rebounded on Friday morning as inflation fears fade and the global supply glut slowly drains, although the IEA did revise its demand projection downward...

 2021-05-14 18:30 

OilPrice.com

China Cracks Down On Tax Loopholes In Blending Fuels Imports...

Chinese authorities are looking to ease the domestic fuel glut and reducing pollution by heavily taxing as of June the imports of several kinds of blending fuels which are being used by refiners to produce lower-quality fuels...

 2021-05-14 18:00 

OilPrice.com

Russia Has Oil Reserves At Least Until 2080...

Russia's oil reserves will last until 2080 at the current pace of annual production, Natural Resources Minister Alexander Kozlov told Russian outlet RBC this week...

 2021-05-14 17:12 

OilPrice.com

U.S. Oil Rig Count Soars As WTI Recovers...

The U.S. oil rig count rose again this week to a total of 352 oil rigs as drillers look to profit from the rise in crude prices...

 2021-05-14 16:30 

OilPrice.com

Rosneft Swings BackTo Profit In Q1 2021...

Rosneft reported a net profit of $2 billion (149 billion rubles) for the first quarter of the year, up from a loss of $2.11 billion (156 billion rubles) for the first quarter of 2020...

 2021-05-14 16:00 

OilPrice.com

Hamas Targets Israeli Oil And Nuclear Facilities With Rocket Attacks...

The military wing of Palestinian Islamist movement Hamas has targeted Israel's nuclear facility, key oil facilities and other sites across the country amid a violent escalation between the two sides...

 2021-05-14 15:30 

OilPrice.com

Louisiana's Democrat Governor Urges Washington To Resume Oil Leases...

Governor John Bel Edwards, the Democrat at the helm of Louisiana, has urged the federal government to resume oil and gas leases within months...

 2021-05-14 15:00 

OilPrice.com

Hackers Behind U.S. Pipeline Attack Say They Lost Access To Ransom Money...

The operator of the ransomware group Darkside said on Friday it had lost control of its servers and some of the money it had made through ransom payments...

 2021-05-14 14:30 

OilPrice.com

Valero Receives Waiver To Ship Oil And Fuels To U.S. East Coast...

The federal government has granted Valero Energy a waiver from the Jones Act—legislation restricting the number of vessels that can carry oil and fuels along the U.S. coastline...

 2021-05-14 14:00 

OilPrice.com

U.S. Gasoline Shortages Persist Going Into The Weekend...

Many eastern U.S. states continued to experience shortages of gasoline on Friday, even after Colonial Pipeline resumed operations late on Wednesday...

 2021-05-14 00:00 

OilPrice.com

3 Strong Oil And Gas Stocks For The Summer...

With summertime fast approaching, here are 3 energy picks that are expected to deliver strong returns as they benefit from higher oil and gas prices during the next couple of months...

 2021-05-13 23:00 

OilPrice.com

Biden's $2.5 Trillion Infrastructure Plan Could Send These EV Stocks Soaring...

President Joe Biden's massive $2.5 trillion green infrastructure plan could be the catalyst that sparks a new era in the electric vehicle saga...

 2021-05-13 22:30 

OilPrice.com

Senator Introduces Bill To Compensate Oil-States During Energy Transition...

A Democratic Senator introduced a bill on Thursday designed to give states financial support to compensate for the losses oil and gas states will incur as a result of the energy transition...

 2021-05-13 22:00 

OilPrice.com

The ESG Bubble Has Finally Burst...

The clean energy and ESG sector has seen strong gains at the beginning of the year, but has plunged in recent weeks as investors are pulling out of the sector...

 2021-05-13 21:00 

OilPrice.com

Will Big Oil Become Big Energy? Unlikely Says An Expert...

Big Oil has been very vocal about its renewable energy goals in recent times, but the likelihood of oil majors becoming big renewable energy players is small...

 2021-05-13 20:30 

OilPrice.com

BP Shareholders Reject Emission-Cutting Resolution...

The majority of BP shareholders voted against a resolution filed by Dutch activist investor group Follow This that demanded the supermajor increase its emissions-cutting commitments...

 2021-05-13 20:00 

OilPrice.com

Iraq Revives Its Monster Pipeline Project...

The Iraqi government is looking to revive an old pipeline project in order to import Egyptian gas and become less dependent on energy imports from its Eastern neighbor Iran...

 2021-05-13 19:00 

OilPrice.com

Can Canada Boost Oil Production While Reducing Emissions?...

Canada is looking to increase oil production during the next decades while it also aims to seriously reduce carbon emissions, and critics say that achieving both will be impossible...

 2021-05-13 18:30 

OilPrice.com

Tesla Stops Accepting Bitcoin As Payment...

Less than two months after Tesla's Elon Musk said the company will be accepting bitcoin as payment for EVs, the company's CEO did a U-turn, tweeting that Tesla will no longer accept the cryptocurrency because of its carbon footprint...

 2021-05-13 18:00 

OilPrice.com

The World Is Facing A Lithium Supply Crunch As Demand Soars...

Lithium demand is soaring, and analysts are turning decisively bullish on the commodity that has already seen its prices soar some 70% since the beginning of the year...

 2021-05-13 17:30 

OilPrice.com

Chevron Halts Gas Field Off Israel As Violence Flares Up...

U.S. supermajor Chevron has complied with instructions from Israel's energy ministry to shut down operations at the Tamar natural gas field offshore Israel after the violence between Israel and Gaza escalated in recent days...

 2021-05-13 17:00 

OilPrice.com

Why Green Energy ETFs Are Slumping In May...

Since the peak in January, exchange-traded funds (ETFs) focused on green energy have seen major declines after last year's surge started to fizzle out...

 2021-05-13 16:00 

OilPrice.com

Iran To Saudi Arabia: Sell Our Oil And We Will Reduce Houthi Attacks...

Iran is looking to persuade its regional rival Saudi Arabia to help it to sell Iranian crude oil on international markets in exchange for limiting attacks from the Iran-aligned Houthi rebels in Yemen on Saudi oil infrastructure...

 2021-05-13 16:00 

OilPrice.com

Oil & Gas Deals In Middle East And Africa Slump By 33% In Q1...

Deal activity in the oil and gas industry in the Middle East and Africa dropped by 32.92 percent in the first quarter of 2021 compared to the last four-quarter average...

 2021-05-13 15:00 

OilPrice.com

Oil Prices Set For Biggest Daily Drop Since Early April...

Oil prices dropped by 3 percent on Thursday morning and were set for the biggest percentage drop since early April...

 2021-05-13 14:58 

OilPrice.com

Colonial Pipeline Paid Hackers Nearly $5 Million In Ransom After Attack...

Colonial Pipeline has reportedly paid ransom, to the tune of almost US$5 million in untraceable cryptocurrency, to the hackers that forced the operator to shut down the main U.S. fuel pipeline on Friday...

 2021-05-13 14:30 

OilPrice.com

East Coast Fuel Supply Hampered By Tanker Shortage...

Shipments of fuels to the East Coast, parts of which are experiencing fuel shortages after the Colonial pipeline outage, have been made extra difficult by another shortage—this time of tankers...

 2021-05-13 14:00 

OilPrice.com

Gas Shortages Persist Despite Colonial Pipeline Resumption...

Colonial Pipeline reports this morning that the restart of the pipeline went well overnight. This should mean things will return to normal by the end of the weekend...

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