• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 15 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 days They pay YOU to TAKE Natural Gas
  • 21 hours How Far Have We Really Gotten With Alternative Energy
  • 1 day What fool thought this was a good idea...
  • 4 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 10 days The United States produced more crude oil than any nation, at any time.
Memorial Day Travel Expected to Near Record High

Memorial Day Travel Expected to Near Record High

Around 43.8 million Americans are…

Anglo-American Pivots to Copper Amid BHP's Hostile Takeover Bid

Anglo-American Pivots to Copper Amid BHP's Hostile Takeover Bid

Anglo-American unveils a comprehensive plan…

Biden To Hike Tariffs on Chinese EVs and Clean Energy Tech

Biden To Hike Tariffs on Chinese EVs and Clean Energy Tech

The Biden Administration is preparing…

News

Japanese Government Will Buy LNG To Avoid Energy Crisis

Japanese Government Will Buy LNG To Avoid Energy Crisis

Sep 01, 2022 at 01:46 | Irina Slav

The Japanese government is taking the unprecedented step of preparing to buy liquefied natural gas if companies can’t afford to do so. This move is designed to make…

G7 Ready To Reveal Its Russian Oil Price Cap Plan

G7 Ready To Reveal Its Russian Oil Price Cap Plan

Sep 01, 2022 at 01:04 | Charles Kennedy

Energy markets on Friday can expect a decision on a G7 plan for capping the price of Russian oil, even if the group’s finance ministers remain uncertain about…

Honda: Lithium-Ion EV’s Won’t Reach Price Parity With Gasoline Cars

Honda: Lithium-Ion EV’s Won’t Reach Price Parity With Gasoline Cars

Aug 31, 2022 at 15:15 | Charles Kennedy

As Honda gears up for its debut Acura EV, the price tag that comes with existing battery technology and soaring battery metals costs suggests that ICE vehicles will…

Italian Oil Major Becomes Victim Of Ransomware Attack

Italian Oil Major Becomes Victim Of Ransomware Attack

Aug 31, 2022 at 13:22 | Tom Kool

Italian oil major Eni reported a cyberattack on its computer networks on Wednesday. The attack appeared to be a ransomware attempt that has dealt only minor damage according…

BP’s Indiana Refinery Restarts After Fire

BP’s Indiana Refinery Restarts After Fire

Aug 31, 2022 at 11:06 | Tom Kool

BP Plc’s Whiting, Indiana refinery has restarted production after being idled last week due to an electrical fire, Reuters reports, citing unnamed sources close to operations.

ExxonMobil Readies Lawsuit Against Russia Over Megaproject Exit

ExxonMobil Readies Lawsuit Against Russia Over Megaproject Exit

Aug 31, 2022 at 09:57 | Tsvetana Paraskova

ExxonMobil could sue the Russian government over a decree from Vladimir Putin blocking the supermajor’s announced withdrawal from a massive oil project in Russia, The Wall Street Journal…

Oil Markets On Edge As Fed Signals More Rate Hikes To Come

Oil Markets On Edge As Fed Signals More Rate Hikes To Come

Aug 31, 2022 at 09:33 | Tsvetana Paraskova

The Fed has more work to do in taming inflation and the key interest rate needs to move up to above 4% by early 2023 and stay there,…

UK Conservative Candidate Promises North Sea Oil Drilling Boom

UK Conservative Candidate Promises North Sea Oil Drilling Boom

Aug 31, 2022 at 09:24 | Tsvetana Paraskova

The Scottish government and environmental organizations have voiced opposition to plans for dishing out more than 100 North Sea oil and gas drilling licenses reportedly put forward by…

OPEC+ Increases Its Oil Market Surplus Forecast By 100,000 Bpd

OPEC+ Increases Its Oil Market Surplus Forecast By 100,000 Bpd

Aug 31, 2022 at 07:15 | Tsvetana Paraskova

OPEC+ now expects the oil surplus on the market this year to be higher than its previous estimate by 100,000 barrels per day (bpd), according to a report…

Nuclear Inspectors Head Into War Zone To Review Shelled Plant

Nuclear Inspectors Head Into War Zone To Review Shelled Plant

Aug 31, 2022 at 04:06 | Tsvetana Paraskova

The team of inspectors from the International Atomic Energy Agency (IAEA) left Kyiv on Wednesday en route to the Zaporizhzhya nuclear power plant in southeastern Ukraine to inspect the…

Europe Must Prepare For Energy Rationing And Blackouts

Europe Must Prepare For Energy Rationing And Blackouts

Aug 31, 2022 at 02:24 | Irina Slav

Despite faster-than-usual filling rates for gas storage across Europe, the continent is currently bracing for the possibility of blackouts as Gazprom officially halts the flow of gas via the…

Russia Officially Halts Natural Gas Flows Via Nord Stream 1

Russia Officially Halts Natural Gas Flows Via Nord Stream 1

Aug 31, 2022 at 01:21 | Charles Kennedy

Russian Gazprom has officially halted gas supplies to Europe via the Nord Stream 1 pipeline, cutting off flows completely to Germany for a period of maintenance that began…

Oil Prices Continue To Shed Gains On Small Inventory Build

Oil Prices Continue To Shed Gains On Small Inventory Build

Aug 30, 2022 at 16:00 | Julianne Geiger

The American Petroleum Institute (API) reported a slight build this week for crude oil of 593,000 barrels, while analysts…

Iraqi Oil Exports Untouched As Al-Sadr Tells Protestors To Stand Down

Iraqi Oil Exports Untouched As Al-Sadr Tells Protestors To Stand Down

Aug 30, 2022 at 15:51 | Alex Kimani

After a night of violence that left at least 30 people dead and nearly 300 wounded, calm has returned to Baghdad for the…

Croatian Energy Company Caught Up In Massive Gas Fraud

Croatian Energy Company Caught Up In Massive Gas Fraud

Aug 30, 2022 at 11:46 | Alex Kimani

A court in Zagreb on Monday ordered the detention of five people on suspicion of defrauding Croatia’s national oil company INA of more than a billion…

Goldman Sachs: UK Inflation Could Break 22% If Gas Prices Remain High

Goldman Sachs: UK Inflation Could Break 22% If Gas Prices Remain High

Aug 30, 2022 at 09:02 | City A.M

Inflation could soar to the highest level since 1975 if global gas prices do not fall from their historic highs, a Wall Street investment bank warned today.

Russia Claims Sanctions Are Preventing Gas Supply To Europe

Russia Claims Sanctions Are Preventing Gas Supply To Europe

Aug 30, 2022 at 08:59 | Tsvetana Paraskova

Only technological problems caused by the sanctions prevent gas flows to Europe from Russia, which remains “a dependable supplier of gas,” Kremlin spokesman Dmitry Peskov was quoted as…

EU Looks To Intervene In Energy Market Amid Skyrocketing Prices

EU Looks To Intervene In Energy Market Amid Skyrocketing Prices

Aug 30, 2022 at 08:26 | Tsvetana Paraskova

The European Union is closer to potentially intervening on the bloc’s electricity market as energy prices soar ahead of what would be a difficult winter for EU consumers…

Beijing-Backed Hackers Launch Cyberattacks On Energy Projects In South China Sea

Beijing-Backed Hackers Launch Cyberattacks On Energy Projects In South China Sea

Aug 30, 2022 at 08:09 | City A.M

The Chinese government is using state-backed hackers to launch cyberattacks against energy projects in the South China Sea, according to new research from cybersecurity firm Proofpoint and consulting…

Japanese Firm Signs New LNG Deal With Russia’s Sakhalin-2 

Japanese Firm Signs New LNG Deal With Russia’s Sakhalin-2 

Aug 30, 2022 at 07:08 | Tsvetana Paraskova

Tokyo Gas, the largest city gas supplier in Japan, has signed a long-term LNG agreement with the new Russian operator of the Sakhalin-2 project to keep supply volumes…

Oilprice - The No. 1 Source for Oil & Energy News