In discussions about renewable energy, Azerbaijan is not the first country that springs to mind. As one of the world's top 25 oil and gas producers, Azerbaijan is better known?
Russian Oil Firms To Discuss The Fate Of OPEC+ Alliance
Russian oil companies will meet at the energy ministry on Wednesday to discuss if Russia's producers should continue cooperation with OPEC, two sources with knowledge of the plans told
Oil Tycoon Hamm May File Complaint Against Saudis For Flooding Oil Markets
US Shale tycoon Harold Hamm has plans to file an official complaint with the US Department of Commerce against Saudi Arabia, according to Bloomberg, after the Kingdom unleashed a?
When we think about the fight against climate change, we typically think about electric vehicles, reducing emissions from coal, putting pressure on Big Oil to go green, or the tech?
U.S. Discusses Buying Oil For SPR To Help Shale Drillers
Oil industry representatives have pitched for discussion to the U.S. Administration the idea that Washington buy cheap crude oil to replenish the Strategic Petroleum Reserve, which would also remove millions?
Mexico is ready to act as mediator between Saudi Arabia and Russia who turned from partners to opponents on Friday when Russia quit the OPEC+ production cuts. In response, Saudi?
Saudi Arabia Looks To Slash Government Spending Amid Oil Price Crash
Even before the collapse of the OPEC+ talks last Friday, Saudi Arabia's finance ministry had asked government agencies to propose a 20-30 percent cut in their budgets due to the?
China's Refiners Love The Saudi-Russia Oil Price War
China's independent refiners, which buy a fifth of total Chinese crude oil imports, are increasing their run rates and buying ultra-cheap crude, taking advantage of the Saudi-Russia price war, Reuters?
Barclays has become the latest bank to revise its oil price outlook for this year. The UK bank cut its forecast for Brent crude to $43 a barrel from $59,?
Only 5 Shale Drillers Are Still Profitable At $31 Oil
Most shale oil wells drilled in the United States are unprofitable at current oil prices, Rystad Energy has warned. The Norwegian consultancy said, as quoted by Bloomberg, that drilling?
