Oil prices surged early on…
The rapid growth of renewable…
In a move that could…
Energy demand is high and supplies are low from Europe to Asia. Many countries in the European Union have enacted emergency provisions to help their most vulnerable citizens…
Tensions have again boiled over between Armenia and Azerbaijan, with multiple exchanges of fire in recent days and traffic restricted by Azerbaijani forces on two roads along the…
China is not the only big oil consumer the United States has asked to release oil from its reserves in a bid to rein in prices, Reuters has reported,…
President Joe Biden has asked the Federal Trade Commission to investigate the possibility of oil companies’ involvement in price trends in retail fuels, alleging illegal conduct on the part of…
As U.S. oil companies show a new brand of fiscal discipline even as oil prices continue to climb, oil companies spent nearly $192 million on drilling rights in the Gulf…
India is temporarily shutting down half of the coal-fired power plants around Delhi, but this has had nothing to do with any “coal phase-down” pledges. The coal power plants…
High energy prices drove inflation in the UK to a 10-year high of 4.2 percent in October, and energy is expected to fuel additional price hikes next year when the…
Belarus is reducing the flow of oil via the Druzhba pipeline from Russia to Poland for three days due to "unplanned maintenance" while the migrant crisis on the Belarus-Poland border…
The Abu Dhabi National Oil Company (ADNOC) is set to imminently award engineering and construction contracts for a major offshore natural gas field to increase gas production and exports, sources…
Environmental organizations are suing South Africa in a local high court over the government’s decision to build 1.5 gigawatts (GW) of new coal-fired power generation capacity, saying that more…
A federal judge has retained jurisdiction over a lawsuit involving the Line 5 oil pipeline that Michigan Governor Gretchen Whitmer wanted moved to a state court. The AP reports that…
Oil will continue to be the fuel with the single largest share of the global energy mix by 2045, meeting 28 percent of energy demand then, OPEC Secretary-General Mohammad Barkindo…
The American Petroleum Institute (API) reported a small inventory build in crude oil that was just enough to keep the market from panicking over dwindling inventories. This week, the API…
Global energy demand will increase by 28 percent from now until 2045 due to rising economies and population, according to OPEC’s World Oil Outlook discussed at the ADIPEC energy…
After hitting a six-year low in September, commercial oil stocks in OECD countries showed a marginal build in October, suggesting that the months of hefty inventory draws globally may be…
Despite the calls to boost supply to tame high prices, OPEC+ is likely to continue easing the cuts with the gradual pace it set in July as it expects the…
Exxon has put up for sale natural gas assets in the Barnett Shale in Texas, Reuters has reported, citing a confirmation of the news by the company. The assets…
Natural gas prices at the key European hubs jumped to three-week highs on Tuesday after Germany said it had suspended the process of certification of the Russia-led Nord Stream 2…
The OPEC+ group is not concerned about a possible release from the U.S. Strategic Petroleum Reserve (SPR), according to Oman's Energy Minister Mohammed Al-Rumhi cited by FXStreet. U.S. President…
Chinese coal production in October rose to the highest level since March 2015 as the energy crisis in the world’s second-largest economy prompted authorities to seek to increase coal supply…