Rystad Energy’s latest research shows…
The European Union has transferred…
Crude oil prices ticked higher…
A loss before interest and taxes dragged down Ford’s second-quarter net result, missing analyst expectations despite an increase in revenues. The company reported revenues of $47.8 billion for the…
Renewable energy utility NextEra Energy Inc. (NYSE:NEE) has reported mixed Q2 2024 results and reaffirmed outlook for FY 2024, with revenue…
RWE and TotalEnergies have joined forces to deliver the OranjeWind offshore wind project in the Netherlands. The project features an installed capacity of 795 MW, and marks the first system…
Russia, Iraq, and Kazakhstan have submitted their compensation plans to the OPEC Secretariat for overproduced crude volumes for the first six months of 2024. According to OPEC,…
Greencoat UK Wind has pushed ahead with an ambitious share buyback programme, even as the trust struggles with low wind speeds and falling…
A coordinated “Oil Kills” action of climate activists blocked on Wednesday airports across Europe, grounding flights and creating chaos amid the summer holidays, as campaigners demanded “an end to…
Iran has managed to neutralize the effect of the U.S.-led Western sanctions on its gas condensate exports, Iranian Petroleum Minister Javad Owji said on Wednesday. “I can dare say that…
Higher production boosted the first-half earnings of Russian gas producer and LNG exporter Novatek more than double compared to year-ago levels, despite lower sales volumes and struggles with its new…
Russia is considering banning the export of diesel if prices rise further, Russian daily Kommersant reported on Wednesday, citing several sources. The Russian government could ban diesel exports if…
Provincial government agency Alberta Indigenous Opportunities Corporation (AIOC) has given its “contingent approval” on a loan guarantee to an indigenous consortium to buy a stake in TC Energy’s NGTL natural…
The UK’s natural gas network will be capable of accommodating hydrogen to supply it as fuel to households and industries, according to a report based on a trial by National…
Despite the return of U.S. sanctions on Venezuela, India’s biggest private refiner, Reliance Industries, has obtained a U.S. license to buy crude from the South American country, sources with knowledge…
China and Russia have been discussing a high-level energy partnership that would benefit both countries, China’s Xinhua agency reported, citing a statement by Vice Premier Ding Xuexiang following…
China’s natural gas consumption is this year expected to be between 6.5% and 7.7% higher than last year’s, potentially reaching 425 billion cubic meters, Xinhua reported, citing data from…
Crude oil inventories in the United States fell again this week, this time by 3.9 million barrels for the week ending July 19, according to The American Petroleum Institute (API).…
Brazil's federal environment workers, represented by the union Ascema, have proposed a deal to end their strike that has hindered oil and gas project permits in the Amazon rainforest. The…
Oil prices dropped on Tuesday to their lowest point in five weeks, driven by a wave of algorithmic selling. The U.S. benchmark WTI has now dipped as…
A supertanker-load of one of the key North Sea crudes has recently sold in Asia at a very low price – below the spot North Sea price and below the…
Rolls-Royce Motor Cars saw its revenue accelerate to almost £1bn in 2023 as demand for personalised luxury vehicles continued across the world, it has been revealed.
Despite cutting off most European customers from its pipeline natural gas supply, Russia still sends nearly the same volumes of gas to Europe via pipelines as it does to its…