The world’s newest offshore hotspot, Guyana, is in the early stages of a probe into how oil exploration rights were awarded for oil blocks that are currently controlled by ExxonMobil Continue Reading
Venezuela has increased oil supplies to ally Cuba in May four-fold as US sanctions severely limit exports to other countries, PDVSA documents show. According to the documents, seen by S&P Continue Reading
The United States has resumed—at least for the time being—oil imports from Venezuela, according to new data published by the Energy Information Administration (EIA). The United States saw a decrease Continue Reading
As the U.S. finds itself embroiled in a host of problems around the world, from trying to convince North Korea to come back to the bargaining table, to ramping up Continue Reading
Thailand’s Energy Ministry has asked regulators to keep a close eye on developments in the Middle East lest these cause an oil and gas shortage in the import-dependent country, local Continue Reading
WTI fell below $60 per barrel for the first time in two months, dragged down by growing fears of a global economic slowdown. Oil had been stuck between geopolitical risk Continue Reading
Royal Dutch Shell has started producing oil and gas at its Appomattox deep water platform in the Gulf of Mexico, one of the largest projects launched in the basin in Continue Reading
In recent months, several Republicans have rallied around a single idea when describing their plans to address climate change: innovation. They argue that investing in new technology — including in Continue Reading
Canada’s oil sands produce some of the dirtiest oil on the planet. Their abnormally high carbon emissions have earned Albertan oil a soiled reputation not just among environmentalists, but among Continue Reading
U.S. grid-connected energy storage capacity this year is set for a twofold increase to 712 MW from 376 MW last year. What’s more, between 2019 and 2024, storage capacity will Continue Reading
