Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
Red carpet and red lines: Xi charmed Trump but gave up nothingWrapping up a two-day summit in Beijing, Trump has taken a step towards reducing tensions, but the gathering did not result in any major tr...
Gautam Adani highlights energy & digital security as 'twin foundations' of national powerAdani Group Chairman Gautam Adani said that control over both energy and digital infrastructure will define 21st-century global powers. He ...
Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
April oil demand slump reflects supply squeeze, not price pain: JPMorganGlobal oil demand is falling due to supply shortages, not high prices. This is a forced demand loss. Supply disruptions surged in March and...
So what is the real oil price right now?The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...
How to make drilling for oil woke againA decade after backing “all-of-the-above” energy, the political left swung hard against fossil fuels, framing oil drilling as incompatible ...
How an energy expert triggered Vladimir Putin with one word"If you had told people in 2002 that the US was going to be the world’s largest oil producer, larger than Russia, larger than Saudi Arabia,...
Shale drilling climbs most in a month as Biden calls for more oilPresident Joe Biden has urged US oil companies to step up production as sanctions on Russia have helped push oil prices above $100 a barrel...
Oil India exits US shale venture, sells 20 pc stake for $25 million"Oil India (USA) Inc (wholly owned subsidiary of OIL), divested its entire stake in Niobrara shale asset, USA," a regulatory filing by the ...
Definition change may let private exploration companies exploit shaleIndia unveiled a policy for exploitation of shale reserves by state-owned Oil & Natural Gas Corp. and Oil India in 2013, but rules for priv...
ONGC to drill 17 exploratory wells for shale gasONGC was given a mandate to identify a minimum of 50 nomination blocks where it will take up shale gas and oil exploration in Phase-I.
Private companies will get to explore shale in existing blocksVarious studies have estimated recoverable reserves of shale gas at between 6 trillion cubic feet and 63 trillion cubic feet.
- OIL in talks with US-based shale gas cos for JV
State-run Oil India Limited is likely to form a joint venture with a US-based shale gas company to acquire shale gas assets globally.
- Jordan, Shell in talks to extract oil from huge shale reserves
Energy-poor Jordan said on Sunday it was in talks with Anglo-Dutch group Royal Dutch Shell on an agreement to extract oil from the desert k...