from the moment the oil…
LNG maintains its dominance as…
Iran’s response was pure political…
Abu Dhabi National Oil Company (ADNOC) said on Monday that the initial public offering of its unit ADNOC Drilling attracted $34 billion in total gross demand in the bookbuilding…
Amid a global energy shortage, India, one of the world’s largest coal consumers, has inventories of the fuel at its lowest level since November 2017, government data cited by
The Sudanese government has reached an agreement with protesters to lift blockades off Red Sea ports, including an export hub for South Sudan oil. Reuters reports that local tribes…
Iran and Venezuela have struck a deal to swap heavy Venezuelan crude for Iranian condensate, Reuters has reported, citing unnamed sources familiar with the deal. According to these sources,…
The UK government has temporarily suspended the Competition Act of 1998 to allow oil companies to help each other stock up on gasoline and diesel amid panic buying that started…
The oil industry is in a terminal decline, hedge fund manager James Jampel told Bloomberg on Friday, noting that this year’s rise in oil stocks has been “the biggest…
World leaders are meeting at the United Nations on Friday to announce commitments to put the world on track to achieve clean energy for all by 2030 and net-zero…
Soaring power prices amid Europe’s gas crunch will have a lasting impact on the bottom lines of mining and metal companies as prices in their long-term electricity supply contracts will…
European coal prices have hit a 13-year high as coal supply to Europe remains constrained and utilities fire up more coal power plants amid surging natural gas prices. The price…
The Federal Energy Regulatory Commission and the North American Electric Reliability Corp have devised and issued a set of new grid reliability standards to avoid a repeat of the Texas…
The U.S. Department of Justice has arrested the chief financial officer of Novatek, Russia’s largest private gas company and biggest LNG exporter, on charges of tax fraud. In a
The aftermath of Hurricane Ida is still curtailing U.S. crude oil production, with 16% of crude oil production in the Gulf of Mexico still offline as of Thursday, according to…
Military forces of the Iran-aligned Houthi movement in Yemen are advancing amid heavy fighting in the regions of Yemen that hold its oil and gas fields and assets, sources from…
China’s move to clean up its heavy-polluting industrial sector has triggered a swift collapse in iron ore prices for the first time since July 2020. Prices…
Compounding the ongoing UK energy crisis is BP plc, a multinational oil and gas company, which said it plans to restrict deliveries of…
Oil and gas companies are set to ramp up production in the Arctic by 20 per cent in the next five years, according to a new report shared…
OPEC+ is working to keep prices around $70 per barrel, Reuters has reported, citing Iraq’s oil minister, Ihsan Abdul Jabbar Ismail. The official said the ministry hoped that oil…
UK power company Drax could have its last two coal-fired plants in the country operating beyond the 2022 deadline it had set for closure if the UK government asks it…
The price tag of the energy transition in Italy could be over $760 billion (650 billion euro) over the next ten years, the president of the local employers’ association said…
India saw its domestic crude oil production drop by 2.3 percent in August compared to August 2020, government data showed on Wednesday, while India is estimated to have significantly…