A new study evaluated the…
Several countries worldwide have achieved…
Heat waves in some parts…
China’s top economic planning body has finalized plans to create a reserve system for coal production by 2027 to avoid new shortages and ensure stable supply and prices. …
After a string of gains, crude oil prices are set to end this week with a loss on worry that interest rates in key markets will remain high, dampening demand…
U.S. and Venezuelan government officials met secretly this week ahead of the expiry of oil sanction relief next week. The meeting, in Mexico City, discussed the possibility of reforms in…
Iran will respond to the Israeli attack on its consulate in Damascus in such a way as not to escalate the situation in the Middle East. This is the message…
Polish special services are currently investigating whether Orlen Trading Switzerland, a subsidiary of Polish refiner Orlen (PKN.WA), may have violated sanctions regarding the import of oil from Russia or Iran,…
European natural gas prices popped on Thursday amid Russia’s intensification of attacks on Ukrainian energy infrastructure, with Russia claiming to have destroyed Kyiv’s biggest power plant in an overnight missile…
German airline Lufthansa canceled flights to Tehran, and Russia advised its citizens not to travel to the Middle East on Thursday as Israel prepares for what it sees as an…
Natural gas prices at the Waha hub in the Permian basin in Texas slumped to a negative value of -$2.00 per million British thermal units (MMBtu) this week as the…
The UK’s gas transmission and electricity system operators are confident that Britain will have sufficient natural gas and power supply to meet demand at all times during the period from…
OPEC’s crude oil production edged up by 3,000 barrels per day (bpd) in March compared to February as Iran and Saudi Arabia slightly boosted output while Iraq continued to produce…
The European Parliament adopted on Thursday a proposed reform in the bloc’s electricity market to make power prices less dependent on volatile fossil fuel prices and accelerate the deployment…
Russia has hit Ukrainian oil, gas, and power infrastructure with high-precision long-range weapons and drones on Thursday night, in response to Ukrainian drone strikes on Russian refining capacity, the Russian…
As Mexico is slashing oil exports, U.S. imports of Mexican crude slumped last week to the lowest level on record, data from the Energy Information Administration (EIA) showed this…
Australia’s government has joined the United States and the European Union in a race to lure in more business from abroad, with a focus on transition-related industries such as solar…
Global coal power capacity hit a record last year driven by China, which built the most new capacity, but also helped by a slowdown in coal power plant retirements across…
Proposals for new power generation capacity in the United States have increased by an impressive 90% over the last three years, Bloomberg has reported, in anticipation of a…
U.S. inflation for March has surged more than anticipated thanks to soaring gas prices and top-dollar mortgage rates, creating concern that the Federal Reserve may scrap its plans for a…
At least three people have been reported dead and five more injured following an explosion at a hydroelectric plant in northern Italy, the Associated Press reported on Wednesday, noting that…
Moscow is demanding that Russian producers step up gasoline and diesel deliveries to the domestic market and for exchange trading, TASS reported on Wednesday, after the Energy Ministry said Russian…
The biggest utilities in the United States expect exponential growth in electricity demand in the coming years from data centers and new technologies such as generative AI. So great…