High natural gas prices in Europe are attracting U.S. LNG exports, offering relief to the continent facing a potential gas shortage this winter.| OilPrice.com
TotalEnergies has paused new investments in the Adani Group following allegations of corruption against the Indian conglomerate.| OilPrice.com
Goldman Sachs predicts Brent crude oil prices to average $76 per barrel in 2025 due to an expected oil market surplus.| OilPrice.com
Shell’s CEO Ben van Beurden is calling for smart government intervention to help protect the most vulnerable consumers| OilPrice.com
According to Saudi Aramco’s chief executive, the oil market is currently ignoring the fact that spare production capacity is very low| OilPrice.com
Soaring inflation is pushing the United Kingdom’s construction sector to the brink of collapse, with as many as 16,755 companies at risk of closure| OilPrice.com
Alternative energy news and technology developments. Research into various sectors such as solar power, wind energy, getothermal and hydro.| OilPrice.com
Guyana has rapidly transitioned into the world's newest petro-state, driven by significant offshore oil discoveries and production, leading to unprecedented economic growth.| OilPrice.com
Oil prices rose despite OPEC+ increasing output, exposing tighter-than-expected global crude and diesel markets.| OilPrice.com
Bioengineers are looking for ways to boost nature’s natural ability to absorb and store carbon dioxide| OilPrice.com
A new membrane technology promises efficient, low-impact lithium extraction from seawater, potentially transforming global supply chains and reducing dependence on traditional mining.| OilPrice.com
Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice| OilPrice.com
Standard Chartered: the slowdown in U.S. oil production growth is set to continue in 2025 and 2026.| OilPrice.com
The oilfield services industry is expected to shrink by 0.6% in 2025 due to a decline in shale/tight oil and other onshore segments.| OilPrice.com
Kazakhstan could sharply increase its crude oil exports out of Turkey's port of Ceyhan, and dramatically reduce the more than 80% share of flows it currently sends via Russia| OilPrice.com
U.S. Department of Energy scientists have confirmed a new development in a process related to tokamak fusion reactors| OilPrice.com
Aside from runaway inflation, the energy crisis is sucking up capital to guarantee trades amid wild price swings, and this is an increasingly large risk for European financial institutions| OilPrice.com
Natural gas flaring is the practice of burning off natural gas produced during oil drilling operations, but a number of new technologies could help curb the problematic method.| OilPrice.com
Around 43.8 million Americans are expected to travel on Memorial Day weekend, a 4% increase on the year before and not far from a record high.| OilPrice.com
Standard Chartered has lowered its global oil demand outlook on the back of the OPEC+ cut, suggesting that oil demand will not break the all-time highs of 2019| OilPrice.com
The EU ban on Russian crude is set to come into effect in December and leaders are scrambling to find new sources of oil ahead of winter| OilPrice.com
The Hague has just become the first city in the world to ban oil ads and ads for large energy-consuming industries including air travel and cruise ships| OilPrice.com
Europe, and the rest of the world, need solutions to tackle the intermittency in wind and solar generation and to expand and overhaul grids so that they are capable of handling surging renewable capacity.| OilPrice.com
The rapid growth of artificial intelligence raises concerns about its energy consumption, prompting the U.S. Department of Energy to propose an initiative for responsible AI development and energy efficiency.| OilPrice.com
Regulatory hurdles are stymieing growth in natural gas production in the Marcellus-Utica basin, the largest U.S. gas-producing region| OilPrice.com
Chesapeake Energy's decision to decrease production outlook triggered a surge in natural gas futures, signaling potential market recovery.| OilPrice.com
Yemen's Houthis have threatened to strike Saudi Arabia if it continues to allow U.S. warplanes to use its territory for strikes against the rebel group, but will they follow up on this threat?| OilPrice.com
Saudi Arabia’s decision to cut oil production by 1 million barrels per day has failed to cause a sustained rally in oil prices, although the IEA has warned higher prices are coming.| OilPrice.com
Oil prices continued to rally on Friday morning, with Brent breaking above the $91 per barrel mark on the back of rising geopolitical risk.| OilPrice.com
Saudi Aramco sustains nearly £30bn in dividends to investors, including the Saudi government, despite a 24% fall in net profit.| OilPrice.com
The 2023 Statistical Review of World Energy reveals global reliance on fossil fuels, growth in renewables, and challenges in meeting climate goals.| OilPrice.com