Iran's potential retaliatory measures following…
Chinese leader Xi Jinping's upcoming…
The electric vehicle, Artificial Intelligence,…
UK peak-hour power prices for Monday evening through 6 p.m. surged to the highest level in a month due to low wind power generation during the weekend. The contract for…
Libya’s crude oil production has rebounded to 1.2 million barrels daily, according to the country’s oil minister, Mohammed Oun. Speaking to Bloomberg, Oun said Libya’s crude oil output was back…
ScotWind has raised £700m from an auction of seabed plots for a series of offshore wind projects, boosting the country’s net-zero ambitions. Seventeen projects have been…
Daily oil production in OPEC+ producer Kazakhstan rebounded strongly at the end of last week, suggesting that output has now fully recovered from the unrest earlier this month, according to…
Rebounding economies and extreme weather last year led to a 6-percent jump in global electricity demand, the largest percentage increase since the 2010 recovery from the 2008-2009 financial crisis, the…
Europe’s largest economy, Germany, is expected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out,…
Oil prices were slightly higher early on Friday, headed for the fourth consecutive week of gains, which would be the longest weekly gains streak since October, before the Omicron variant…
So far this month, the European Union has received U.S. natural gas volumes five times higher than Russia’s pipeline deliveries, according to Polish outlet rp.pl, the first time in…
The Senate voted 55 to 44 against a proposal for a new round of sanctions against the Nord Stream 2 natural gas project led by Russia's Gazprom. According to opponents…
West Virginia Democratic Senator Joe Manchin is seeking tax credits for nuclear power plants for 10 years instead of the six years as put in President Joe Biden’s Build Back…
India’s oil-to-telecoms conglomerate Reliance Industries plans to invest as much as $76 billion in green energy projects in India over the next 15 years, the group chaired by Asia’s richest…
Milieudefensie, the Dutch chapter of Friends of the Earth activists who won a landmark climate case against Shell in 2021, now urge more than two dozen other multinationals, including BP,…
A 19-year-old German IT student and hacker said in a series of tweets this week that he had managed to gain remote control over more than 25 Teslas in…
Global inventory builds due to supply growth outpacing demand increases will pressure oil prices down this year and next, the U.S. Energy Information Administration (EIA) said in its Short-Term…
Saudi Arabia is expanding its downstream presence and crude customers in Eastern Europe, traditionally Russia’s backyard, by buying a stake in a Polish refinery. Saudi oil giant Aramco has signed…
The U.S. Department of Energy has spent $1.1 billion on 11 carbon capture projects at coal-fired power plants and industrial facilities since 2009, most of which turned out to be…
Container shipping giant A.P. Moller-Maersk, a major consumer of oil products, pledged on Wednesday to reach net-zero greenhouse gas emissions across its entire business by 2040, a decade earlier…
Retirements of coal-fired electric power generation capacity are set to speed up this year from a relatively low level of retirements in 2021 to the point of accounting for as…
This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 1.077 million barrels, after analysts predicted a draw of 1.95 million barrels. U.S. crude…
Libya’s National Oil Corporation (NOC) has lifted the force majeure on crude exports from its western ports after militias ended a three-week-long blockade, but supply from the country is struggling…