Despite this year’s plunge in prices and a corresponding drop in output, the state remains a major player on international markets, one eyed warily by other oil-rich nations. That outsize role also means the commission attracts more scrutiny than any other equivalent state agency. SourceContinue Reading

The reopening of the last of Libya’s oil fields and ports has prompted a resurgence of the energy industry, with the OPEC nation’s daily production jumping from less than 100,000 barrels in early September. SourceContinue Reading

The U.S. Is Making Major Moves In This Key LNG Market | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Oct 31, 2020, 10:00 AM CDT Energy...Continue Reading

The demand outlook is still bleak with the European Union’s two biggest economies set to impose month-long movement restrictions as nations across the continent post record coronavirus cases. SourceContinue Reading

After months of low oil and gas prices driven by weak demand, the world’s largest international oil companies have largely exhausted their financial defenses, leaving little room to maneuver if they’re dealt further blows. SourceContinue Reading

Regardless of either victorious candidate, any chance of balanced and proportionate climate and energy policy will be extremely difficult to salvage, writes Dennis McConaghy, retired TC Energy executive and author. SourceContinue Reading

Kurdistan Halts All Oil Exports After Attack | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 30, 2020, 4:30 PM CDT The Kurdistan Region Government in Iraq declared a halt to all oil exports on Friday after experiencing an attack on a crude oil pipeline...Continue Reading

Western Europe’s Biggest Oilfield Set To Increase Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 30, 2020, 2:30 PM CDT The giant Johan Sverdrup oilfield in Norway’s North Sea is expected to increase its oil production this quarter after the Norwegian government raised...Continue Reading

Exxon Flags Possible $30B Writedown After Third Straight Loss | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 30, 2020, 1:30 PM CDT ExxonMobil (NYSE: XOM) warned on Friday that...Continue Reading

Oil Sees Worst Month Since March | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Oct 30, 2020, 1:00 PM CDT Oil prices have hit a 5-month low as COVID cases climb, new lockdowns are...Continue Reading