The United States will be a net oil importer in 2022
Higher net crude oil imports are set to make the United States a net petroleum importer this year again, as…
Tag: oil
India launched its biggest ever oil tender
India launched a tender for 75 oil and gas blocks—the biggest oil and gas tender in the history of its…
Banks are still investing fossil fuels despite climate pledges
Despite investor and societal pressure, banks worldwide continue to lend money and underwrite bonds issued by oil, gas, and coal…
Polish PGNiG increases gas production in Norway
Polish oil and gas company PGNiG estimates its gas production on the Norwegian continental shelf at around 2.6 billion cubic…
Russia takes over the biggest Iraqi oil deposits
Given the U.S.'s broad scaling-down of its on-the-ground operations in the Middle East over the past five years, a specific…
Here is why long-term investors can buy energy stocks on correction
India's energy sector is one of the main drivers of the economy. The pandemic has had its impact on the…
Finland turns to green energy and decreases its Urals purchases
Finland, one of the major buyers of Russian oil, has been gradually decreasing its purchases of Urals crude as the…
Fraud with energy resources: Hungary and Russia involved
With the escalation of climate change, global attention is increasingly focusing on the need to accelerate the transition to clean…
Oil prices drop on third wave of Coronavirus lockdowns
The unfortunate tanker mishap in the Suez Canal that continues to block tanker traffic is being overshadowed by another wave…
Four new natural gas pipeline projects online
The U.S. Energy Information Agency reports that four new natural gas pipeline projects recently were completed and entered service between…