Despite some crude inventory builds…
The World Bank forecasts slower…
While U.S. and European automakers…
A Republican and a Democrat Senators from farm states have introduced a bill to tweak the biofuel waivers program and increase its transparency in a bid to help ethanol…
Workers at Brazilian state-held oil firm Petrobras joined on Friday a 24-hour nationwide strike in Brazil against proposed pension reforms that would raise the minimum retirement age and workers’ contributions,…
Tesla is charging just over US$85,300 for its Solar Roof solution for a 9.45 kW system on a 1,862-square foot roof, Electrek reported on Friday, citing an actual Tesla…
OPEC and its partners should start increasing oil production to keep the market well supplied and prices reasonable, Gazprom Neft’s chairman Alexander Dyukov said, as quoted by Reuters. Dyukov’s…
An auction to pick foreign partners for Mexican state energy giant Pemex scheduled for October has been canceled by the country’s energy regulator, Reuters reported, noting the official information…
Libya’s internationally recognized National Oil Corporation (NOC) said on Thursday that it is concerned about an increased military presence inside one of the country’s key oil terminals, Ras Lanuf,…
Electric vehicles (EVs) are depreciating much faster than the average for all cars, with one notable exception—Tesla, whose vehicles hold values better than their gas-powered rivals. Automotive research firm and…
Canada may have to raise its federal carbon tax if it wants to achieve its pledge under the Paris Agreement to reduce greenhouse gas emissions, Canada’s Parliamentary Budget Officer (PBO),…
ExxonMobil and Saudi Arabia’s SABIC said on Thursday that they would proceed with a plan to build a US$10-billion petrochemical project in San Patricio County, Texas. Back in…
UK energy provider SSE Plc said on Thursday that it is proposing to close its last coal-fired power plant in the country by March 2020, amid a national and…
The new conservative Alberta government has targeted media in a campaign aimed at improving the image of the oil sands industry as presented by Premier Jason Kenney. CBC News
Rising shale oil production in the United States that drove gas flaring up 48 percent in 2018 also pushed up the global total by 3 percent to 145 billion cubic…
President Trump continued his relentless offense against Russian gas in Europe this week by threatening to slap sanctions on Germany for its equally relentless support of the Nord Stream 2…
Saudi Arabia’s state-run oil company Saudi Aramco has announced a new financial first for the giant: it will hold its very first earnings call in August revealing to the world…
Iran is considering revising its financial and budgetary policies to remove oil income from them as a means to “counter Washington’s economic sanctions that constitute a case of terrorism,” Iran’s…
Oil trade and the U.S. sanctions on Iran’s oil industry will likely be part of the discussions that Japan’s Prime Minister Shinzo Abe will hold with Iran’s officials on the…
Norway’s Parliament is expected to approve later on Wednesday plans by the government’s US$1-trillion fund—the world’s biggest sovereign wealth fund—to divest from oil and gas exploration companies in a…
Brazil’s Petrobras plans to invest a total US$105 billion in the five years to 2023 and divest assets worth US$35 billion, chief executive Roberto Castello Branco said this week as…
Shell has struck a deal with refiner PBF Energy to sell it its refinery in Martinez, California, for up to US$1 billion, depending on the closing date, the buyer
China’s biodiesel imports increased in April 2019, as domestic demand moved up and the supply turned tight.China imported 38,669.1 mt of biodiesel (HS Code: 38260000) in April 2019,…