Sudani wants to strengthen Baghdad’s…
China is finishing the Al-Faw…
Africa’s biggest oil producer, Nigeria,…
The war in Ukraine is pushing most commodities higher, and coal is no exception. Bloomberg reported this week that the coal prices are reaching new record highs, with the…
Some of the biggest U.S. importers of Russian crude oil have started suspending their purchases of the commodity, including Monroe Energy, which is the third-biggest U.S. buyer of Russian oil.…
Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy projects, even absent…
Russia is estimated to have increased its crude oil production by 0.2 percent in February compared to January, but it is still likely more than 130,000 barrels per day (bpd)…
To say the situation in Ukraine — and its impact on metal prices — is constantly evolving situation would be an understatement. No sooner is the position defined…
As oil prices reach seven-a-half-year highs, a number of countries in the Middle East have unveiled fiscal measures designed to balance their budgets after two years of pandemic-related…
The government must immediately intervene to stop two Russian tankers – containing enough liquid gas to supply the UK for up to 12 days – from docking in…
It may not be the spin-off that Wall Street was hoping for, but Ford is slated to announce that it is going to undergo a re-organization wherein it will separate…
Private equity giant KKR and Pembina Pipeline Corp. have sealed a deal to combine their natural gas assets in western Canada in a deal worth almost $9 billion in a…
German Chancellor Olaf Scholz has urged Iran to move quickly to resolve any remaining issues and reach an agreement to revive a 2015 deal on its nuclear program. "What we…
ExxonMobil will exit the Sakhalin-1 oil project in Russia, following the example of other Big Oil majors, including BP and Shell, who quit their Russian operations following the Russian invasion…
The OPEC+ group decided on Wednesday to rubberstamp another 400,000 barrels per day (bpd) increase in its collective oil production in April, despite soaring oil prices after a key…
The Biden Administration could couple releases from the Strategic Petroleum Reserve (SPR) with a longer-term policy to support the U.S. oil industry if it wants to reduce the soaring gasoline…
The American Petroleum Institute (API) estimated that there was a large surprise draw this week for crude oil of 6.1 million barrels after analysts predicted a build of 2.796…
Oil traders are staying away from Russian crude after the Western countries banned selected Russian banks from SWIFT, and Russian producers can’t sell their cargoes in tenders because no one…
Talks in Belarus between the Ukrainian and Russian committees yesterday were overshadowed by the intensifying military fight in Ukraine. Putin, who seems frustrated with the Ukrainian…
Chinese buyers of coal are having trouble securing financing to buy coal from Russia, the world’s third-largest coal exporter, as China’s banks are wary of sanctions themselves after selected Russian…
Continuing our coverage of the Russian invasion of Ukraine and its impact on steel prices, aluminum prices and more, the European Union has brought sanctions against two Russian…
Amid Russia’s attack on Ukraine, Azerbaijan has been trying to maintain good relations with both countries, sending humanitarian aid to Ukraine just days after signing…
The Switzerland-registered owner of the Nord Stream 2 natural gas pipeline project could file for insolvency in a Swiss court as soon as this week, following the U.S. sanctions over…