Despite soaring demand which has…
U.S. President Joe Biden met…
In a stark reversal of…
The EPA is considering a new label for parts of the Permian Basin that could deter or slow oil and gas drilling in certain parts of the prolific Permian Basin.…
Nigeria's oil minister said on Friday that the country would be able to meet its OPEC production quota by the end of August as the country aims to boost security…
A total of 45 percent of UK adults have cut back on non-essential journeys in a vehicle amid soaring fuel prices, the Office for National Statistics (ONS) said in its…
ExxonMobil would like to see the tax credit for carbon capture and storage increased to $100 per ton from the current $50 per ton, as a means to incentivize carbon…
Germany is considering expropriating the German section of the Russia-led Nord Stream 2 gas pipeline project, cutting it off from the rest of the pipeline, and using the part…
India's intake of Russian crude oil has soared 50-fold since April and, to date, makes up a tenth of the subcontinent's imported oil, the Economic Times reported today, citing…
Centrica is planning to hire about 500 former soldiers, sailors, and air force personnel by the end of next year as it looks to transition to Net Zero. …
An emergency meeting between Energy Secretary Jennifer Granholm and representatives of the oil industry ended with no firm commitments from either side, although the Energy Secretary signaled that the plan…
Germany is facing an industrial crisis with many companies likely to end on the chopping block if Russian gas deliveries remain as low as they are now, Economy Minister Robert…
OPEC+ is largely expected to rubber-stamp next week its decision to boost production in August by 648,000 bpd, five Reuters sources said on Thursday. Of course, that’s what sources said…
A new battery from Contemporary Amperex Technology Co Ltd promises to resolve one of the chief complaints that drivers have with electric vehicles: battery range. The next-generation Qilin battery—named after…
Commodity trading giant Gunvor wants to deliver 13 million gallons of gasoline to the United States, but there’s a catch: they need a Jones Act waiver to do it, Reuters…
The business activity index in the energy firms operating in Texas, northern Louisiana, and southern New Mexico jumped in the second quarter to the highest level in six years, but…
Emboldened by a recent 20-year LNG deal a German energy company signed with a U.S. exporter, Qatar—another top LNG exporter—is now seeking long-term contracts with EU importers, which are racing…
Representatives of some of the biggest oil and gas companies operating in the North Sea on Thursday warned the UK’s Chancellor of the Exchequer Rishi Sunak that the new…
U.S. drivers are facing the highest gasoline prices for the 4th of July on record, but these are unlikely to curb Americans' appetite for road trips this summer, analysts at…
Gold has started to trade within a range formed by swing lows and highs. A break above either range will clear up the overall direction. Without a “big…
Despite falling wholesale costs of petrol and diesel, prices are still going up at the pump as motoring groups call on fuel traders to offer consumers relief.
The Gazprom turbine that Siemens Energy took to a Canadian factory to repair and that Gazprom blamed for the reduced Nord Stream 1 flows is not coming back to Russia…
Energy Secretary Jennifer Granholm is meeting today with refiners for emergency talks amid excessively high fuel prices amid increasingly strained relations between the Biden administration and the oil industry.…