As much as 40% of the natural gas that’s expected to be flared in the Permian Basin in 2025 could be avoided at no cost to drillers if regulators abandoned their hands-off approach to the […]
Oilprice.com – U.S. President Joe Biden is expected to sign on Wednesday an executive order directing federal government agencies to determine the extent of a ban on new drilling on federal lands and waters, The […]
Larry Fink, chief executive of the world’s biggest asset manager BlackRock , warned the companies it invests in on Tuesday they will need to show a game plan for surviving in a world aiming for […]
The U.S. is trying to seize around 2 million barrels of what it thinks is Iranian oil, according to people familiar with the matter, in Washington’s latest attempt to block the Islamic Republic’s energy exports. […]
Libya’s oil production rebounded to around 1.25 million barrels a day after a major pipeline was fixed, while efforts continued to end a strike that could halt exports at three of the OPEC country’s ports. […]
India’s goal of doubling renewable power by next year is getting a boost from international investors who see the massive market’s potential outweighing significant risks. French oil major Total SA’s $2.5 billion investment in Adani […]
Enerplus Corporation (“Enerplus” or the “Company”) (TSX & NYSE: ERF) today announced that it has entered into a definitive agreement to acquire all of the shares of Bruin E&P HoldCo, LLC (“Bruin”), a pure play […]
Turkish and Greek officials met to see if they could find any common ground to try to resolve a festering dispute over maritime boundaries that brought their navies to the brink of confrontation. In the […]
Hours after taking office, President Joe Biden made good on a campaign promise to cancel the Keystone XL oil pipeline. Later that day his Interior Department mandated that only top agency leaders could approve new […]
Covid-19 is destroying the market for supertankers that deliver about a fifth of the world’s crude oil. The result is likely to be booming trade on the beaches of Bangladesh, India and Pakistan, where obsolete […]
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