Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
Australian copper mining major Newcrest has decided to back an acquisition bid by bigger sector player Newmont that will create a new copper and gold…
Copper prices this week fell to the lowest since last November on weak economic data from China. Yet the International Copper Study Group, a group of copper…
Last December, French utility giant EDF abandoned plans to build a 400-MW solar farm near Williamsport, Ohio. The reason was strong local opposition against the…
A hypothetical scenario in which Canada phases out its oil production would end up costing it some $74 billion (C$100 billion), with Alberta bearing the…
Middle Eastern oil producers are raising the export prices for their lower-grade crudes, Bloomberg reported earlier this week. And European buyers have no choice but to pay…
The new emission rules proposed by the Environmental Protection Agency would effectively mean a phase-out of internal combustion engine vehicles. That’s according to the American…
Nigeria is producing 1 million barrels daily less than it can produce, local media reported today, citing the country’s federal government. The government cited a…
Crude oil prices fell further today after the Energy Information Administration reported an inventory build of 3 million barrels for the week to May 5. This compared with an…
Crude oil prices were once again on the decline today in Asian morning trade, extending a slip that began yesterday after the American Petroleum Institute…
The piles of cash Big Oil made from last year's energy crunch have become the stuff of legend. They have also become a weapon in…
Crude oil prices began Tuesday trade with a dip as traders brace up for the April inflation data, to be released on Wednesday. The data…
In something of a reversal in trends, Occidental Petroleum has started buying back preferred stock it transferred to Warren Buffett’s Berkshire Hathaway in exchange for…
Two Republican legislators have called for an evaluation of the Department of Energy’s management of the Strategic Petroleum Reserve (SPR) and an audit of its…
On Friday, April 7th, Brent crude closed at over $85 per barrel. That was a few days after OPEC+ had announced it would reduce its…
There will be no winner in the EV market as uncertainty abounds in the sector. This is what Berkshire Hathaway CEO Warren Buffett said at…
In 2022, almost 7.8 million barrels of crude oil daily were produced from so-called tight oil resources. The other name for these is unconventional resources.…
Earlier this year, an event of historic proportions took place in Beijing. The foreign ministers of Saudi Arabia and Iran met in the Chinese capital…
Earlier this year, Russia said it would reduce its oil production rate by half a million barrels daily in response to Western sanctions and as…
Despite its push into wind and solar electricity generation, India is set to remain heavily reliant on coal power at least until 2030, Bloomberg has…
Crude oil prices are set to extend their losing streak to three weeks as recession fears and anxiety about the U.S. banking system prevail over…