Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
Over the past couple of months oil markets have been on fire, with oil prices gaining 30% since June after Saudi Arabia and Russia announced…
The oil price rally continues to display strong momentum as tightness in the physical markets shows no sign of easing. The past seven trading days…
Money managers are placing the most bullish wagers in more than a year, with many betting that oil prices will soon pass $100 a barrel…
Commodity analysts at Dutch multinational banking and financial services company ING Bank have said the oil price rally still has room to run, and have forecast that…
Over the past decade, major oil companies, under pressure from investors and environmentalists, have been fleeing Canada's oil sands, the fourth-largest oil reserve in the…
Russian oil major Lukoil and independent producer CenGeo have sent CPC blend to United Arab Emirates’ national oil company ADNOC, marking the first time ever…
Saudi Arabia’s PIF-backed oil and gas driller ADES Holding has set the final price for its initial public offering (IPO) at the top-end of the set range,…
In its latest biennial assessment delivered last week, the Potential Gas Committee (PGC) reported that U.S. natural gas supply has hit a record 3,978 trillion cubic…
On the path to the presidency, Joe Biden wasn’t one to mince words with regards to his plans for the oil and gas business. When…
Back in 2008, Virgin Atlantic made history after flying a Boeing 747 between London and Amsterdam partly powered by a biofuel made from Brazilian babassu nuts and…
Oil prices have soared to a 10-month high on Wednesday, with a surprise build in U.S. crude inventories failing to dampen expectations of tight supplies…
Over the past few years, the lithium boom went into overdrive as EV makers like Tesla Inc. (NASDAQ:TSLA) scrambled to secure supplies amid rapid EV growth and tight supplies.…
Back in June, we reported that legendary oil trader Pierre Andurand has seen his hedge fund suffer the worst ever loss after oil prices reversed course. Andurand’s…
No energy companies have so far submitted bids in the UK’s 5GW offshore wind auction, with the government coming under fire for ignoring warnings that…
The global ocean shipping sector is one of the most volatile in the oil and gas business. Back in June, we reported that commodity shipping…
With the global transition to clean energy in full swing, traditional renewable energy sources such as solar and wind have, unsurprisingly, been hogging the limelight.…
U.S. gasoline prices have declined slightly from their recent year-to-date high but remain at their highest summertime levels in over a decade even as the…
U.S. authorities seized nearly 1 million barrels of Iranian oil that were being illegally smuggled to China earlier this year, reports have emerged. The U.S.…
Earlier in the year, Bloomberg New Energy Finance (BNEF) reported that an impressive $1.1 trillion flowed into the global clean energy sector in 2022. According to the clean…
Giant oilfield services company Schlumberger Ltd (NYSE:SLB) will grow its revenue by $5B in the current year and by a similar amount in 2024 thanks…