Iraq Oil Expert: Baghdad Shouldn't Replace Oil With Renewables
It is not in Iraq's best interest to adopt renewable energy at the expense of fossil fuels, energy and oil expert Hamza al-Jawaheri told local Shafaq News Agency in an interviewon Monday.
2021/07/28 14:34
Argentina’s Oil Industry Is Finally Bouncing Back
Argentina’s Oil Industry Is Finally Bouncing Back
2021/07/27 19:22
China Could See Slowest Oil Import Growth In Two Decades
High oil prices and China’s crackdown on the use of oil import quotas could result in the lowest crude oil import growth at the world’s top oil importer since 2001, analysts tell Reuters.
2021/07/26 17:09
Deadly Typhoon Threatens Strategic Chinese Oil Hub
The In-fa typhoon, which caused devastating flooding in parts of China this week—claiming at least 33 lives—is expected to make landfall this weekend in a key area hosting some of the largest Chinese refineries and oil storage tanks.
2021/07/26 17:03
Middle East Oil Giants Grapple With Cyberattacks
As the global oil and gas markets are recovering from the steep sell-off last Monday, threats in the market are not just linked to demand-supply concerns. Cybersecurity specialists reported this week that hackers managed to get access to a large amount of data from Saudi oil giant Aramco. The company has confirmed that around 1TB of (confidential) data was stolen from its servers. According to AP sources, the data has been put on offer on the darknet for a price of $50 million.
2021/07/26 16:45
Oil Dips After EIA Reports Crude Inventory Build
Crude oil prices briefly dipped after the Energy Information Administration reported a crude oil inventory build of 2.1 million barrels for the week to July 16.
2021/07/22 14:27
Traders Brace For Major Oil Market Volatility This Summer
After a period of relative stability in the oil market where U.S. crude benchmark WTI was trading above $70 a barrel for more than a month, traders are now bracing for a wild ride for the rest of the summer.
2021/07/22 14:21
America Looks For A Balance Between Oil Needs And Climate Reality
America Looks For A Balance Between Oil Needs And Climate Reality
2021/07/22 14:19
Houston Scrambles To Remain The Energy Capital Of The U.S.
Houston Scrambles To Remain The Energy Capital Of The U.S.
2021/07/22 14:16
Oil Prices Inch Even Lower Following Devastating 7% Single-Day Loss
After plunging nearly 7% on Monday, oil prices saw a leveling off and even a smidgeon of a rebound on Tuesday in what many hope will be a new state of calm in the market.
2021/07/21 11:47
From OPEC to U.S. shale, from fracking to negative oil prices, from endless political debates to inventories, the fossil fuel industry is never short on headlines. But the industry has a few lesser-known tidbits that might come as a surprise to even the savviest oil industry connoisseur.
2021/07/21 11:42
China Buys Less Saudi Crude As It Slams The Brakes On Oil Imports
Saudi Arabia remained China’s single largest crude oil supplier in June, ahead of Russia, although Saudi shipments to the world’s top oil importer fell by 19 percent last month amid lower overall imports, according to official Chinese customs data cited by Reuters.
2021/07/21 11:35
Iraq Oil Expert: Baghdad Shouldn't Replace Oil With Renewables
It is not in Iraq's best interest to adopt renewable energy at the expense of fossil fuels, energy and oil expert Hamza al-Jawaheri told local Shafaq News Agency in an interviewon Monday.
Argentina’s Oil Industry Is Finally Bouncing Back
Argentina’s Oil Industry Is Finally Bouncing Back
China Could See Slowest Oil Import Growth In Two Decades
High oil prices and China’s crackdown on the use of oil import quotas could result in the lowest crude oil import growth at the world’s top oil importer since 2001, analysts tell Reuters.
Deadly Typhoon Threatens Strategic Chinese Oil Hub
The In-fa typhoon, which caused devastating flooding in parts of China this week—claiming at least 33 lives—is expected to make landfall this weekend in a key area hosting some of the largest Chinese refineries and oil storage tanks.
Middle East Oil Giants Grapple With Cyberattacks
As the global oil and gas markets are recovering from the steep sell-off last Monday, threats in the market are not just linked to demand-supply concerns. Cybersecurity specialists reported this week that hackers managed to get access to a large amount of data from Saudi oil giant Aramco. The company has confirmed that around 1TB of (confidential) data was stolen from its servers. According to AP sources, the data has been put on offer on the darknet for a price of $50 million.
Oil Dips After EIA Reports Crude Inventory Build
Crude oil prices briefly dipped after the Energy Information Administration reported a crude oil inventory build of 2.1 million barrels for the week to July 16.
Traders Brace For Major Oil Market Volatility This Summer
After a period of relative stability in the oil market where U.S. crude benchmark WTI was trading above $70 a barrel for more than a month, traders are now bracing for a wild ride for the rest of the summer.
America Looks For A Balance Between Oil Needs And Climate Reality
America Looks For A Balance Between Oil Needs And Climate Reality
Houston Scrambles To Remain The Energy Capital Of The U.S.
Houston Scrambles To Remain The Energy Capital Of The U.S.
Oil Prices Inch Even Lower Following Devastating 7% Single-Day Loss
After plunging nearly 7% on Monday, oil prices saw a leveling off and even a smidgeon of a rebound on Tuesday in what many hope will be a new state of calm in the market.
From OPEC to U.S. shale, from fracking to negative oil prices, from endless political debates to inventories, the fossil fuel industry is never short on headlines. But the industry has a few lesser-known tidbits that might come as a surprise to even the savviest oil industry connoisseur.
China Buys Less Saudi Crude As It Slams The Brakes On Oil Imports
Saudi Arabia remained China’s single largest crude oil supplier in June, ahead of Russia, although Saudi shipments to the world’s top oil importer fell by 19 percent last month amid lower overall imports, according to official Chinese customs data cited by Reuters.