NEWS & ANALYSIS

The Industrial Energy Consumers of America wants the US Secretary of Energy to intervene directly to reduce LNG exports.

Ineos has announced additional investment to decarbonize Scotland's sole remaining oil refinery as the country aims to achieve net-zero emissions by 2045.

Brent futures gained $1.83 to close at $76.19/bbl, while WTI added $1.74 to close at $72.23/bbl.

With US crude supply likely to stay flat for foreseeable future, Pioneer CEO says $100 oil is possible.

The EIA estimates that US oil production averaged 10.6 million b/d last week, up 500,000 b/d from the prior week.

A rebound in inflows from Saudi Arabia, Iraq and Brazil helped China's overall crude imports stage a strong recovery in August, compared to July.

The operator of the Dakota Access Pipeline is asking for a Supreme Court reversal of a ruling requiring a fresh look at spill risks.

Several US producers are now looking to CCS as a future source of revenue. So how are these new business models shaping up?

OGCI has unveiled a new net-zero goal and tightened existing targets — a small but significant step for the industry.

August throughput at Russia’s refineries reached a 17-month high.

Russian majors invest in new oil and gas exploration, while the world turns away from hydrocarbons.

Refinery maintenance lowers product supply, but demand is still soft from the pandemic. China limits exports, Vietnam's refinery could temporarily close.

Extreme weather is draining inventories in the bellwether US market, supporting Opec-plus's goal to tighten up the market.

Brent flirts with $75. How much more need inventories to draw to keep it there? A lot, if history is a guide.