Diesel fuel production has ramped…
Saudi Arabia’s oil giant, in…
Tesla’s (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron…
The European Union's foreign policy chief says the final text of an agreement to revive a landmark nuclear accord between Iran and world powers is "essentially ready and…
Since the start of Russia’s invasion of Ukraine, China has said all the right things in support of Russia, its professed strategic partner. Chinese officials have faithfully repeated…
Oil prices tumbled at the start of this week as fears of a major supply crunch were alleviated somewhat. Upward pressure remains, however, with geopolitical risks mounting and a nuclear…
The number of total active drilling rigs in the United States rose by 13 this week as WTI trades near $109 per barrel. The total rig count rose to 663…
The U.S. aims to cut its greenhouse gas emissions in half by 2030 as part of its commitment to tackling climate change, but might be lacking the critical minerals needed to…
Swiss banking major Credit Suisse plans to slash its exposure to the fossil fuel industry by half by 2030. The bank said, as quoted by Reuters, it had already…
Russia’s invasion of Ukraine has caused some of the most volatile days in the history of oil markets and that volatility isn’t going anywhere. The war in Ukraine…
As demand for environmentally sustainable transport grows, a number of emerging markets are ramping up their efforts to incentivize the sale and production of electric vehicles (EVs).
Amid an exodus of Western European and U.S. companies from Russia, Chinese businesses are seeking to take their place, Bloomberg reported this week, citing unnamed sources in the…
If you have ever wondered what it would be like if a major oil-producing country suddenly went offline, you are getting a preview of that now. I am…
At the beginning of nearly every war, including the current one in Ukraine, there…
Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.…
Russia said on Thursday that it was suspending, until the end of this year, exports of more than 200 products, including technological and…
Just as oil prices soared above $115 per barrel and European gas prices moved up to $60 per mmBtu, coal markets have been suffering through some turmoil of…
After months of military build-up on the Ukrainian border, tensions between Russia and the West exploded in late February 2022 when Russia invaded Ukraine, a move that has…
On March 8, while President Joe Biden announced a ban on Russian oil and gas imports, regular gasoline at one BP…
OPEC+ has found itself in the crosshairs of the global oil industry with its repeated failure to produce to its increasing oil production quota. But for February, the OPEC+ group…
Chinese authorities have asked state refiners in the country to consider halting diesel and gasoline exports next month due to heightened concerns about oil supply after Russia invaded Ukraine, Reuters…
The United Arab Emirates and Saudi Arabia have declined calls with President Biden as the latter seeks to drum up further support for sanctions against Russia, the Wall Street Journal…