By Matthew Smith Venezuela’s near-collapse and strict U.S. sanctions are creating an opportunity for Russia, Iran and China to strengthen their presence in Latin America, a…
Posts tagged as “oilprice.com”
By Simon Watkins Iran last week revealed a huge new gas deposit located in the Iranian sector of the Caspian Sea. The ‘Chalous’ structure is…
By Irina Slav An attack with an explosive device on an oil field in the northern Iraqi region of Kirkuk was blamed on Islamic State…
By Tsvetana Paraskova China started this week construction work on a new US$17-billion nuclear power plant project, for which it will install Russian nuclear reactors at the…
By Vanand Meliksetian The Caspian Sea is one of the world’s largest and oldest oil and gas producing regions. During the Cold War, the hydrocarbon-rich…
By Haley Zaremba In many ways, the world is not ready for the EV revolution. While electric vehicles are an absolutely invaluable and essential component…
By RFE/RL staff Iran says it has opened its first oil export terminal in the Gulf of Oman to allow Tehran to avoid using the…
By Irina Slav The United States has decided to temporarily waive sanctions on Iranian oil funds abroad but without returning Tehran’s access to its bank accounts in…
by Tsvetana Paraskova The ‘day of reckoning’ for Big Oil, when events at boardrooms and courtrooms issued last month the starkest warning to oil majors’…
By Irina Slav From $35 per barrel to $130 per barrel—this is the range for oil prices in the next few years that we could…
By Tsvetana Paraskova With power demand recovering from the pandemic, European utilities are using more coal as natural gas inventories are unusually low for this…
By Charles Kennedy Commodity traders are in a rush to ship as much Venezuelan heavy crude to China as possible before a new fuel tax…
by Irina Slav Californians pay for some of the most expensive electricity in the United States. They also live in one of the greenest states,…
by Tsvetana Paraskova Scientists have found that volcanoes deep in the ocean discharge so much energy potential when they erupt that they could theoretically power…
By Charles Kennedy Canada’s climate strategy to significantly cut emissions and become a net-zero emissions economy by 2050 will create a seismic shift in the…
By Cyril Widdershoven The ongoing weakness of global oil markets seems to be stoking tensions within OPEC+, and a split within its leadership is now…
By MINING.com The US government is taking a $25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President…
By Alex Kimani What do The Dark Knight Rises, Back to the Future, Oblivion, and Interstellar have in common? They are sci-fi megahits that showcase a technology that scientists…