Aviation companies are exploring the…
Russia sees advantages in the…
Namibia wants to join OPEC…
Canadian oil producers are not rushing to raise supply too much because of the country’s perennial problem with limits to the pipeline takeaway capacity, thus not reaping the benefits of…
Russia could get an additional $65 billion for its state coffers this year if higher oil prices remain resilient, Bloomberg reported this week, citing estimates made by economists. For…
Despite its efforts to boost renewable energy generation at the expense of fossil fuels, the UK is facing a higher natural gas import dependency in the coming years as local…
Oil prices rose late on Wednesday afternoon with Brent reaching just shy of $92 per barrel. But JPMorgan is warning that Brent crude could “easily” reach $120…
No oil producer around the world should hold back supply when demand is rising, the White House says as oil hit $90, noting that the U.S. Administration has left “all…
Scientists and engineers have announced a record-breaking achievement of sustained fusion, which researchers say demonstrates the potential of nuclear fusion power plant designs. Although nuclear fusion has been long recognized…
Two Democratic Senators have introduced a bill proposing the suspension of the federal gas tax until the end of 2022, as many U.S. voters are concerned with the soaring gasoline…
Last week we wrote about the seeming technological advancement of China versus the US. This week we received two more indicators in the energy area supporting this theme. First in…
The third-largest pension fund in the United States, the New York State Common Retirement Fund, will sell stakes and bonds in half the shale companies it is invested in, as…
The new Mexican energy bill that could become law and give more state control over the energy industry could interfere with U.S. companies' emissions-cutting plans, the American Chamber of Commerce…
The American Petroleum Institute (API) estimated the inventory draw this week for crude oil to be 2.025 million barrels after analysts predicted a build of 675,000 barrels.…
Domestic oil and gas production will continue to play an important role in the UK’s energy mix, despite the commitment to net-zero emissions by 2050, Prime Minister Boris Johnson
The spot charter rates for shipping U.S. liquefied natural gas to Europe have just turned negative, suggesting that there are now too many LNG vessels in the Atlantic region but…
Indian billionaire Gautam Adani, who has made his fortune in coal, ports, and green energy, became Asia’s richest person on Monday, moving ahead of another Indian mogul, Mukesh Ambani, in…
President Joe Biden issued a threat for the Nord Stream natural gas project if Russia were to invade Ukraine, although he did not elaborate on how such a move would…
While gasoline prices continue to be a troubling political factor for the Biden Administration, the recent inclement weather in refinery country on the U.S. Gulf Coast has caused two major…
If the natural gas flows from Russia via Ukraine were to stop in an escalation of the Russia-Ukraine crisis, LNG imports would be enough to replace the flows to Europe…
The world’s largest oil exporter, Saudi Arabia, believes there will still be a market for its crude decades from now and plans to boost its production capacity while some other…
After hitting a peak of $3.45 per gallon last week, the national average U.S. gasoline prices are expected to calm down significantly this week due to price cycling, Patrick De…
The U.S. Administration is currently reviewing a request from Chevron to potentially allow the U.S. oil giant to take and trade crude from Venezuela as a form of payment for…