Saudi Arabia’s energy minister warned traders against shorting oil prices, saying OPEC+ could react quickly to any fall in prices. SourceContinue Reading

Mexico could slash Pemex’s taxes further as the world’s most indebted oil company scrambles to reverse long-term oil production declines. SourceContinue Reading

OPEC increased its forecast for global oil demand in the first quarter substantially, as some of this year’s recovery is delayed by Omicron but the overall risk from the new virus strain remains limited. SourceContinue Reading

German Chancellor Olaf Scholz, under pressure from the U.S. to halt the Nord Stream 2 pipeline project over Russian aggression toward Ukraine, may quietly delegate the task to the country’s bureaucracy. SourceContinue Reading

Banks Put Pressure On Oil Companies To Go Green | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 13, 2021, 4:00 PM CST In an attempt to protect themselves against ‘worst case’...Continue Reading

Iran Changes Oil Pricing Formula In Sign It Prepares For Oil Export Return | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 13, 2021, 3:30 PM CST The National Iranian Oil Company (NIOC) will change from January 1 the benchmark against which it prices its...Continue Reading

Saudi Arabia: Hasty Energy Transition Will Lead To Oil Price Spikes | 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 Premium Content By Tsvetana Paraskova – Dec 13, 2021, 3:00 PM CST Saudi Finance Minister Al-Jadaan: We...Continue Reading

Can Egypt Become A Global LNG Power? | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Dec 13, 2021, 2:00 PM CST As demand for LNG around...Continue Reading

S&P Global Platts: Energy Supply Will Catch Up With Demand In 2022 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 13, 2021, 1:30 PM CST Oil and gas supply will grow faster in 2022 than it did in 2021 to the point of catching...Continue Reading

Oil & Gas Investors Are Underestimating This Systemic Risk | OilPrice.com Dwayne Purvis Dwayne Purvis, P.E. is a reservoir engineering and management consultant based in Texas.  Find commentary and free resources at www.dpurvisPE.com. Besides writing and speaking on… More Info Premium Content By Dwayne Purvis – Dec 13, 2021, 1:00 PM CST When I started...Continue Reading