Why OPEC+ is Supporting a Potentially Disastrous Rise in Oil Production
Oil prices have fallen fast since the 3 March announcement from OPEC+ that it will go ahead with…
Harold Hamm: ‘Drill, Baby, Drill’ Needs $80 Oil
U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI…
Barclays Slashes Oil Price Forecast on 500,000 Bpd Demand Growth Cut
Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast,…
Saudi Arabia Raised by S&P as Economic Diversification Pays
(Bloomberg) — Saudi Arabia’s credit rating was upgraded by S&P Global Ratings for the first time in two…
Harold Hamm Sounds the Alarm: Low Oil Prices Could Shut Down US Shale
Shale titan Harold Hamm isn’t mincing words—if oil prices stay this low, drilling in some of America’s prized…
Ex-Pioneer CEO: Shale Can’t Thrive at $50 Oil
The founder of Pioneer Natural Resources has a warning for the U.S. oil producers—the next two years will…
US Crafting Plan to Stem Coal-Plant Closures, Energy Chie…
(Bloomberg) — The Trump administration is working on a “market-based” plan to stem the closure of US coal-fired…
EU Leaders Call for Solution on Ukraine Gas on Slovakia’s…
(Bloomberg) — European Union leaders called for stepping up efforts to resolve the Ukraine gas transit issue, a…
The Arab Energy Fund completes a landmark issuance of $650mn
The Arab Energy Fund, formerly known as APICORP, a leading multilateral impact financial institution focused on the MENA…
Biden’s Methane Rule Is Dead
Oil and gas producers in the United States will no longer be obliged to pay a fee for…
Equinor Discusses Sale of Argentinian Shale Assets
Norway’s energy major Equinor has held early talks to sell stakes in Argentinian shale operations to Argentina’s state-owned…
OPEC+ Rethinking Oil Production Rampup After Trump Complications
OPEC+ is still weighing its Q2 oil production plans, according to eight OPEC+ sources who spoke to Reuters…