A rarely used technique called…
China is finishing the Al-Faw…
Crude oil prices moved lower…
The European Commission is considering whether a 45-percent share of renewable energy by 2030 would be achievable for the European Union, up from a previous target of 40 percent, as…
President Biden has reintroduced stringent environmental assessment rules for any large-scale project, including pipelines and oil wells. Per an Associated Press report, this week saw the approval of a…
The Biden administration has earmarked some $6 billion to support nuclear power plants across the United States and extend their lives, the Department of Energy said in a press
Rosneft is offering as many as 37.4 million barrels of the flagship Urals crude for May and June loadings, according to a tender document seen by Bloomberg—a sign that…
The past seven days have seen shipments of Russian crude drop by 25%, as the Kremlin announces plans for building new export outlets to balance out the impact…
The American Petroleum Institute (API) reported a surprise draw this week for crude oil of 4.496 million barrels, compared to analyst predictions of a 2.533 million barrel build. U.S. crude…
Russia’s Foreign Minister Sergey Lavrov has issued a statement to India Today clarifying the rubles for gas mandate that has created confusion among Russia’s gas buyers, RT has reported on…
The attorney generals of 16 states have written to President Biden urging him to bring back to life the Keystone XL pipeline project in order to facilitate the import of…
The U.S. national average retail gasoline and diesel prices are expected to be the highest since 2014 during this year’s summer driving season, with gasoline prices expected to average $3.84…
A former vice president at Russian bank Gazprombank—the bank at the center of Russia’s rubles-for-gas payment scheme—has killed his wife and daughter before killing himself in their Moscow apartment, police…
The U.S. federal government will hold oil and gas lease sales in at least eight states in June after a court overturned President Biden's moratorium on oil and gas drilling…
Gasoline prices in the United States have dropped to a national average of $4.087 per gallon, down from $4.114 a week ago, but with oil prices rising again…
As Europe continues to consider a ban on Russian energy exports, German business and unions are joining forces in opposition, warning that an immediate Russian natural gas ban…
The number of Drilled but Uncompleted Wells sank to its lowest level ever recorded, according to the Energy Information’s latest Drilling Productivity Report published on Monday. The number of Drilled…
U.S. Shale production in the seven most prolific shale basins is set to increase 132,000 bpd in May to 8.649 million bpd, according to the Energy Information Administration’s latest Drilling…
The Libyan National Oil Company (NOC) has declared force majeure on another key Libyan oil field, the 300,000 bpd Al Sharara, amid protests that had shut down production…
The European Union can diversify away from Russia in natural gas faster than previously believed, the Prime Minister of Italy, Mario Draghi, said this weekend. In an interview with Corriere…
Soaring prices of liquefied natural gas (LNG) and coal on the international markets have left Pakistan, the world’s fifth-most populous nation, with having to cut electricity supply to households and…
President Biden has decided to remove a moratorium on oil and gas drilling on federal lands in a U-turn from campaign promises to prioritize a shift away from fossil fuels.…
Loadings of crude oil at two Libyan ports have been suspended amid anti-government protests that are interfering with the operation of the country's oil industry. The National Oil Corporation