China's steel industry faces challenges…
While U.S. and European automakers…
Renewable energy installations reached record…
Abu Dhabi crude is preparing to make its way to Europe for the first time in two years as the European Union seeks replacements for Russian oil, Reuters…
The authorities in Norway have arrested 20 activists who used small boats to keep a Russian oil tanker from unloading off Copenhagen on Monday. The activists,…
Guyana has sold a cargo of 1 million barrels of its newest crude to ExxonMobil for $106 per barrel, which was the first share for the government from the newly…
Kyrgyz officials say they have signed a contract with foreign investors to start building an "eco-city" near the picturesque shores of Lake Issyk-Kul in the country's north, despite…
An oil depot in Russia near the border with Ukraine caught fire early on Monday, and another site, a military one, was also on fire, Russian authorities and media
India’s crude oil import bill doubled in the financial year that ended on March 31, totaling $119 billion, The Hindu reported, citing data from the Petroleum Planning and Analysis…
Officials from the United States and the European Union are having private discussions about how the EU could cut crude oil imports from Russia in order to stop the flow…
Global oil demand will drop by 1.4 million barrels per day, according to the latest forecast by Rystad Energy on Friday cited by the National. The 1.4 million bpd loss…
The Netherlands has a plan to end all purchases of Russian crude oil and natural gas by the end of the year, Dutch Prime Minister Mark Rutte told journalists at…
Companies in the EU may have discovered a way to pay for Russia’s gas in rubles without violating sanctions, the European Commission said on Friday. The companies would need to…
Member countries of the International Energy Agency will be releasing a total of 182.7 million barrels of oil from emergency stocks over six months, of which 74 percent will come…
Indian private conglomerate Reliance Industries has purchased at least 15 million barrels of discounted Russian crude since the start of the Russian invasion of Ukraine, Reuters reported on Friday,…
The Department of Energy has awarded contracts for a total of 30 million barrels of crude oil to be released from the strategic petroleum reserve in a bid to pressure…
Some members of the European Union stand ready to veto any bloc-wide attempts to impose an oil embargo on Russia, Russia's TASS reported, citing an interview with the EU…
A full EU ban on Russian crude oil and gas imports could have unintended economic consequences for the United States and its Western allies, U.S. Treasury Secretary Janet Yellen told…
The U.S. West Coast is expected to import 120,000 barrels per day of gasoline and blending components for the remainder of this month, up from 95,000 bpd in…
U.S. supermajor ExxonMobil, which joined other international majors in announcing withdrawal from Russian oil and gas projects, plans to shut down all its businesses in Russia by June 24, Reuters…
The Biden Administration will release over $385 million to states to help Americans with their home energy costs through the Low Income Home Energy Assistance Program (LIHEAP), the White House…
The Indian states of Punjab, Uttar Pradesh and Andhra Pradesh have been forced into blackouts as of Thursday as power supplies are cut off due to a major…
Ukraine is lobbying with its Western allies for the redirection of Russian gas flows from the Nord Stream 1 pipeline to the pipeline that runs through its territory, Reuters has…