Tesla shares have plunged to…
Javier Blas analyzes the impact…
Sudani wants to strengthen Baghdad’s…
The federal program that grants companies the right to drill for oil and gas on federal land is “fundamentally broken” and will be reviewed, according to Interior Secretary Deb Haaland.…
A US$20-billion liquefied natural gas (LNG) project led by France’s Total in Mozambique is beyond the reach of Islamic state-aligned insurgents who started last week a coordinated attack near the…
The United States will take part in indirect talks about the Iran nuclear deal with diplomats from Europe, Russia, and China next week, the U.S. State Department said on Friday.…
India continues its efforts to shake off its oil dependence on OPEC’s decisions by asking its state refiners to review what it sees as contracts “loaded against the buyer” with…
Electric vehicles and smart appliances, whose popularity among Americans is growing, pose a potential cybersecurity risk, a recent report from the Government Office of Accountability has warned. “A growing number…
The number of commercial flights looks to have hit a post-pandemic high in the past days, outstripping the previous high from Christmas travel and potentially boding well for jet fuel…
The U.S. Administration has asked the Environmental Protection Agency (EPA) to give an opinion on whether charging electric vehicles with renewable biogas could become part of the biofuel credits program,…
A federal appeals court on Thursday ruled in favor of five of the world’s biggest oil companies in an appeal over a climate lawsuit that New York City was…
Exxon could swing into profit this quarter after five consecutive quarters in the red thanks to higher oil and gas prices and recovering demand, according to a regulatory filing…
The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel will discuss production…
When it comes to oil pipelines, it seems that the American people really haven’t lost that loving feeling after all, according to new research conducted by Wakefield on behalf of…
It looks like Volkswagen will not be changing the name of its U.S. business to ‘Voltswagen’ after all, with the German carmaker admitting that the marketing stunt from earlier this…
Chinese smartphone maker Xiaomi will set up an electric vehicle (EV) unit with an investment of US$10 billion over ten years, joining a competitive electric car market at home. “The…
Libya may be able to maintain its current level of oil production of around 1.2 million barrels per day (bpd) until the end of the year as the oil sector…
China’s build-up of oil refining capacity is threatening the viability of other Asian refiners as the country is about to become the world’s largest refiner this year amid still depressed…
BMW, Volvo, Google and Korean battery maker Samsung SDI, have vowed not…
Aramco and its subsidiary SABIC will spearhead a $1.3-trillion private investment drive in Saudi Arabia to diversify its economy away from oil, the Kingdom's Crown Prince, Mohammed, announced at a…
The American Petroleum Institute (API) reported a build in crude oil inventories of 3.910 million barrels for the week ending March 26. Analysts had predicted a much smaller inventory build…
Despite growing international pressure, India is unlikely to commit to carbon neutrality by 2050, government officials have told Reuters. Expecting strong energy demand growth in the coming decades and…
China’s coal-fired power generation increased last year as growing electricity demand outpaced the installations of new clean power capacity, making China the only G-20 country with rising coal generation, climate…