The threat of cyber espionage goes above and beyond endangering some of the world's largest oil and gas companies, industry experts warned on Wednesday, saying "entire countries" are being targeted. » Read More
By: Sam Meredith
OPEC officials quickly sought to reassure energy market participants on Wednesday, as oil prices fluctuated wildly ahead of a much-anticipated meeting between the influential oil cartel and its allied partners in early December. » Read More |
By: David Reid
Fatih Birol, the IEA executive director, has told CNBC it would be a "miracle" for shale to fill the gap. » Read More |
By: Sam Meredith
Global energy demand is set to skyrocket over the next two decades, OPEC said in its latest annual outlook, with India and China the most important contributors to this growth. » Read More |
OPEC's secretary general has told CNBC that oil price volatility is due to anxiety ahead of the 14-member oil producer group's next meeting in Vienna in December.
Big Oil should do all it can to embrace fast-improving Artificial Intelligence (AI) in the energy industry, according to the United Arab Emirates' (UAE) first minister dedicated to fostering the technology.
The liquified natural gas (LNG) market has massive potential, leading energy executives said Monday, but warned the commodity is still too expensive for many consumers around the world.
Amin Nasser tells CNBC there is a commitment to sell shares in the oil giant.
OPEC and its allies have agreed that technical analysis of the energy market shows a need to cut oil supply from 1 million barrels per day (bpd) from October levels, Saudi Arabia's energy minister Khalid al-Falih said Monday.
President Donald Trump is one factor among many impacting oil markets right now, according to Bob Dudley, the chief executive of oil giant BP.
Saudi Arabia is not preparing for a break-up of OPEC, Energy Minister Khalid al-Falih said Monday, adding the group will continue as the global central bank for oil markets for a long time.
Saudi Arabia and Russia are the world's most influential oil producers right now, along with the U.S., but the kingdom appears to be going its own way, announcing half a million barrel output cut from December.
OPEC and non-OPEC exporters must stick to a consistent message if they are to avoid exacerbating wild swings in the oil market, Russian Energy Minister Alexander Novak said Sunday.
OPEC kingpin Saudi Arabia believes the energy market has overcorrected in recent weeks.
Goldman's head of EMEA Natural Resources says a lack of production will drive prices up.
Saudi Arabia's Energy Minister Khalid al-Falih says he is not in the business of responding to weekly and monthly "gyrations" of the oil market, which are sometimes driven by sentiment.
Russia's Energy Minister Alexander Novak says the Organization of the Petroleum Exporting Countries should look at how the situation in the oil market develops and not make any "hasty" decisions.
Daniel Yergin, vice chairman of IHS Market, discusses the changing landscape of the oil market.
President Trump will likely score his first major legislative victory with tax reform, former House GOP Majority Leader Eric Cantor said Wednesday.
If the global oil market suddenly loses Venezuela's 2 million barrels of daily oil production, it would be "a big shock to the system," according to Dan Yergin, vice chairman of IHS Markit.
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