Bolivia is leading an initiative…
Saudi Arabia’s oil giant, as…
Russia’s crude oil exports by…
Westinghouse, a U.S.-based nuclear fuel supplier, will replace Russia's TVEL as the supplier for CEZ's Dukovany nuclear power plant in the Czech Republic beginning in 2024. This change…
CNOOC, the Chinese state-owned oil and gas giant, reported on Wednesday a record-high profit for 2022, thanks to the high oil and gas prices. CNOOC also boosted its net…
The Net-Zero Asset Owner Alliance, a group made up of members from the banking, insurance, and investment sectors with $11 trillion of assets under management, called on its members on…
The company pumping a quarter of Kurdistan’s crude oil exports, Norway-based DNO ASA, said on Wednesday it had started an orderly shutdown of its oil fields in the semi-autonomous…
Nigeria’s state oil firm has started exploration in the onshore frontier basins, aiming to boost the OPEC producer’s proven crude oil reserves to 50 billion barrels from 37 billion barrels,…
China has just completed its first trade of liquefied natural gas (LNG) settled in yuan, the Shanghai Petroleum and Natural Gas Exchange said on Tuesday. Chinese state oil and…
Just days after she suggested refilling the strategic petroleum reserve could take years, Energy Secretary Jennifer Granholm has said that buying for the SPR could begin this year. "We…
Next Decade's Rio Grande LNG project in Texas has seen a few delays. Delays which now could be explained by the fact that the project's financial advisor, Societe Generale, pulled…
Crude oil inventories in the United States fell this week by 6.076 million barrels, the American Petroleum Institute (API) data showed on Tuesday, in a major divergence from the 187,000…
Yesterday we reported about the Energy Transfer LP takeover of midstream operator Lotus energy and the Brookfield Renewable Partners acquisition of Australia’s Origin Energy for $10 billion. Today, the…
The European Union has agreed to extend a cap on natural gas prices for power generation in Spain and Portugal until the end of the year. Spanish Energy Minister…
Siemens Energy and Italy's FATA have landed a contract worth almost $1.08 billion to supply transmission technology for a 970 km long power link joining Sardinia, Sicily, with the Italian…
Last week’s crashing oil prices were awfully tempting last week for big oil consumers, who took advantage of the low prices to hedge against the inevitable price rise. Major oil…
The European Union member states on Tuesday approved an emissions regulation under which the bloc will end sales of new carbon dioxide-emitting cars and vans in 2035. The new…
Four weeks of protests against the pension reform in France have crippled supply to French refineries and refinery operations as workers join the nationwide industrial action, while prices for European…
An oil and chemical tanker was attacked by pirates in the Gulf of Guinea offshore West Africa, a spokesperson for the Danish shipping company which owns the vessel told
The United States and Japan have sealed a deal to cooperate on critical minerals for batteries that will see the two try and move EV supply chains…
California lawmakers passed legislation this week that will allow penalties to be imposed on fuel retailers for what California’s governor has called price gouging at the pump. The new law…
Warren Buffett’s Berkshire Hathaway bought shares in Occidental Petroleum for the third time this month, boosting its stake in the company to 23.6 percent. The investment firm paid $216 million…
Amid extreme volatility, crude oil prices rallied sharply on Monday recording their biggest gains in months after a banking crisis seemed to lose steam. At 4:42…