"As Russia pushes to find new buyers for its oil to skirt ever tougher Western sanctions, it is cutting into the market share of two of its allies Iran and Venezuela and setting off a price war that could hurt them all."

India’s plan to sell a majority stake in the country’s second-biggest state refiner has slowed down amid the coronavirus pandemic and other government initiatives such as LIC's IPO, sources say.

"Rising oil prices have become a major concern for businesses and a common pain point listed by consumers."

>"The operator, Colonial Pipeline, said it had halted systems for its 5,500 miles of pipeline after being hit by a ransomware attack."

Shale fate is sealed after reserve-based lending facility to be ended by 4th qtr 2021. Cost for restarting is huge, compounded by _...Read More_

>"Is a new supercycle beginning?"

“It feels like OPEC+ is trying to steer a giant oil tanker through a narrow straight,” said Giovanni Staunovo, an analyst at UBS Group AG in Zurich.

>"Exxon Mobil is struggling to find its footing as demand for oil and gas falls and world leaders and businesses pledge to fight _...Read More_

[https://www.bloomberg.com/news/articles/2020-12-06/opec-wrangle-puts-uae-s-ambitions-on-display?utm_source=google&utm_medium=bd&utm_campaign=Markets&cmpId=GP.Markets](https://www.bloomberg.com/news/articles/2020-12-06/opec-wrangle-puts-uae-s-ambitions-on-display?utm_source=google&utm_medium=bd&utm_campaign=Markets&cmpId=GP.Markets) >"The friction between the UAE and the oil cartel point to _...Read More_

>"Libya’s oil industry, trampled by civil war and chaos, is roaring back."

The fuel could play an important role in fighting climate change, but it has been slow to gain traction because of high costs.

>"Oil was steady near $41 a barrel in New York before an OPEC+ meeting to assess the state of the market as demand comes under pressure once again from a resurgent coronavirus."

"Of the 2,558 MW of geothermal power plant capacity currently operating in the US, 1,826 MW of capacity is from steam-powered plants and 731 MW of capacity is from binary-cycle _...Read More_