The World Bank forecasts slower…
Researchers have successfully combined two…
U.S. natural gas producers and…
U.S. oil markets are preparing for hurricane season amid already low oil product stockpiles, as forecasts predict a more active season this year. Between six and ten hurricanes could form…
Kazakhstan’s offshore oilfield, Kashagan, has cut its production by nearly half since early May due to maintenance, sources told Reuters on Tuesday. The maintenance began on May 19 and will…
The UK hasn’t seen the worst of its cost-of-living crisis as energy bills could soar by another 42% in less than six months’ time when the energy regulator will raise…
Slapping a windfall tax on electricity generators would be a “challenging proposition” and could hamper the UK’s net-zero ambitions, according to business secretary Kwasi Kwarteng. The…
Uzbekistan has restarted gas exports to China after halting them at the beginning of this year to meet domestic demand. The…
Germany is drafting plans to have around two dozen mostly coal-fired power plants, which were scheduled to be idled in 2022 and 2023, on standby as network reserve capacity. Berlin…
The U.S. Administration is weighing the possibility of waiving the rules that limit components in gasoline that contribute to smog in the summer in another attempt to help lower prices…
It is “stupid” to use natural gas for heating homes or generating electricity when there are better alternatives, the CEO of Europe’s largest utility told CNBC on Tuesday, noting…
While oil exporters in the Middle East enjoy a windfall of revenues from high oil and gas prices, oil importers in the region will struggle with high food, crude, and…
Brazil's state oil major Petrobras has warned the government that the country could slip into a diesel shortage this year unless the company is allowed to sell the fuel at…
The national average for a gallon of gasoline in the United States hit $4.60 on Monday, just over a week ahead of Memorial Day weekend, when record numbers…
Tensions are rising between Baghdad and Kurdish officials in the semi autonomous Kurdistan Regional Government in Northern Iraq as Iraq’s Oil Ministry prepares to take control of the…
Italian Eni and French TotalEnergies on Monday began the exploratory drilling of a natural gas well off the coast of Cyprus in the same block where a discovery…
Global sales of electric vehicles (EVs) surged last year and have continued to grow strongly this year, but soaring prices of critical minerals and supply chain bottlenecks are the greatest…
U.S. natural gas futures (NGM22) rose more than 4% on Monday morning to $8.456 per MMBtu, as U.S. LNG exports reached a seven-week high to service LNG-thirsty…
The current energy crisis and record fuel prices should not be an excuse for the world to increase further its dependence on fossil fuels, the Executive Director of the International…
Poland has terminated an agreement to receive Russian gas via the Yamal-Europe pipeline, Polish Minister of Climate and Environment, Anna Moskwa, said on Monday, nearly a month after Russia…
China has increased its investments in solar energy since the start of the year, with the amount growing threefold from a year ago, Bloomberg reported, citing official data. Investments…
U.S. natural gas prices fell on Friday afternoon on the expectation that temperatures in the United States are set to cool off soon. Natural gas futures fell…
The EU has put an end to the lingering ambiguity surrounding how EU members can pay for Russian gas without violating sanctions. Russia has demanded that countries pay for its…