Turkmenistan picked the lowest possible…
Challenges are mounting for the…
The OPEC+ decision to roll…
Russia didn’t sign up to a U.S.-led pact pledging to triple nuclear energy capacity by 2050, but Moscow welcomed the declaration at COP28 as a “positive shift” in…
Venezuela’s president, Nicolas Maduro, has ordered the immediate start of exploration and exploitation of oil reserves in the Essequibo region—the disputed territory that Venezuelans voted to annex. Per…
Crude oil inventories in the United States rose this week by 594,000 barrels for week ending December 1, according to The American Petroleum Institute (API), after a 817,000-barrel draw in…
The Arab Coordination Group will allocate $10 billion through 2030 to facilitate the energy transition, the group said on Tuesday during the COP28 meeting. The $10 billion in funds is…
With the excitement of last week's Cybertruck reveal behind Tesla, attention now turns back to where the rubber meets the road: selling cars. And in China, at…
The European Commission will recommend a three-year delay for EV tariffs traded with the UK, Bloomberg sources suggested on Tuesday. Starting in 2024, the current Brexit deal calls for EVs…
OPEC’s largest African oil producer, Nigeria, is set to switch to a monthly average Dated Brent assessment when pricing its crude exports, which could ultimately make its cargoes…
BP has started drilling the first production well from a new platform developing the next $6-billion stage of a giant field in the Caspian Sea in Azerbaijan, the…
Spain’s Iberdrola and the UAE’s Masdar agreed on Tuesday to form a strategic partnership looking to invest $16.2 billion (15 billion euros) in offshore wind…
Energy sources other than fossil fuels made up 44% of India’s electricity generation capacity as of the end of October, the country’s Power and Renewable Energy Minister R…
After a year of struggles for offshore wind developments amid rising costs, canceled projects, and failed auctions, governments and policymakers in Europe and the U.S. have realized they…
Reports of several attacks with drones and ballistic missiles by Yemeni Houthis in the Red Sea have sparked concern about the security of global maritime trade, notably including…
Crude oil prices steadied today after three consecutive losing sessions, mostly supported by a statement from Saudi Arabia that the production cuts agreed last week will be implemented in full.…
Global emissions from the combustion of hydrocarbons such as oil and gas are set for another record this year, the Global Carbon Budget report has warned
In the aftermath of new attacks by Houthi missiles on commercial vessels in the Red Sea, war risk insurance premiums have risen for this trade route.
Some of the most popular flag states for oil tankers – Panama, the Marshall Islands, and Liberia – have come under increased pressure from the West to boost the monitoring…
Adani Green Energy, the biggest renewable power producer in India, plans an additional $22 billion in investment to boost its installed clean energy capacity fivefold by 2030, the…
A British-owned ship has been hit by a missile in the Red Sea as part of an assault by Iranian-backed rebels, the US military said. The Bahamas-flagged Unity Explorer, owned by…
A dozen hydropower plants across Africa could receive $1 billion from the African Development Bank (AfDB) to upgrade equipment and boost power generation and potentially speed up the…
The Rockefeller Foundation is backing the world’s first coal-to-clean pilot project in the Philippines that will use carbon credits to enable early decommissioning of a coal-fired power plant. …