The total number of active…
Higher oil prices are expected…
The Texas energy grid is…
Billionaire Alex Beard, who retired as head of worldwide oil operations at commodities and mining giant Glencore two years ago, has set his sights on the battery storage market in…
Libya is looking for U.S. oil companies to return to the oil-rich nation, according to Bloomberg. Libya’s oil minister Mohamed Aoun has said that he hopes U.S. companies will return…
China’s central government has ordered state-owned energy companies to do whatever they must to secure energy supplies for this winter, according to Bloomberg sources. The Vice Premier Han Zheng…
Wind power and hydropower are the renewable energy sources with the best chance of successful deployment in Russia, a new paper has suggested. The country has great potential for…
Mexico has the potential to install 22 terawatts (TW) of green hydrogen infrastructure, with key areas for development being public transport, power generation and the petrochemical industry, according to a…
The value of petroleum exports of OPEC members plummeted by over $240 billion last year due to the collapse in demand and prices in the pandemic, figures from the cartel’s…
The UK is ousting China's CGN from the Sizewell C nuclear power plant project, the Financial Times reported, adding that the options for the 20-percent stake that the Chinese…
The U.S. Commerce Department has delayed a critical decision on imposing additional tariffs on solar panel imports—a decision which could make or break the industry, U.S. solar developers fear. Reuters…
In a widening energy crisis, China is expanding power use restrictions to at least 20 regions and provinces that contribute more than half to the Chinese economy, adding a…
Enbridge has completed the Line 3 replacement project and set the in-service date for the oil pipeline for October 1, the Canadian pipeline giant said on Wednesday, marking the…
Representatives of the United States, the European Union, the UK, France, and Germany are meeting with South Africa’s top government officials to discuss a potential climate agreement and ways to…
Amid tight power supplies and soaring coal prices, power outages in China have started to hit factories of various energy-intensive industries, sparking renewed fears about larger disruptions to global supply…
The global oil tanker industry will have to endure another year of low profits on the back of pandemic-related disruptions and production constraints, the chief shipping analyst of industry association…
The United States has approached China about the latter’s crude oil imports from Iran, seeking to pressure Iran into nuclear deal negotiations through its biggest oil client, Reuters has
Driven by fuel demand in Asia, oil demand worldwide is expected to rise to the levels before the pandemic in the third quarter of 2022, a senior executive at BP…
The American Petroleum Institute (API) on Tuesday reported a surprise build in crude oil inventories of 4.127 million barrels for the week ending September 24. The build runs contrary to…
Ford Motor Company plans to make the largest investment in its history in U.S. manufacturing sites that would build the electric F-Series trucks and the batteries to power future electric…
Consumers have looked aghast at rising aluminum prices this year and wondered how much longer it can continue. The explanation that global economies are bouncing back…
After almost a year of intense negotiations, Azerbaijan and Turkey have finally concluded a new deal to replace the 20-year-old contract that had governed their gas trade
Oil and gas pipeline opponents scored a win this week after PennEast Pipeline Co. said it would drop a gas pipeline project that would have shipped the commodity from Pennsylvania…