The UK and UAE are…
The development of new oil…
UK manufacturing has slipped back…
Russia banned companies from what it considers “unfriendly” countries from selling stakes in key energy projects and oil and gas production sharing agreements by the end of the year…
Germany’s year-ahead electricity prices hit a record high on Friday after several utilities across Europe warned of lower power supply due to hot and dry weather that affects nuclear and…
Norway may soon introduce a rule to reduce its vast electricity exports if levels at reservoirs for hydropower generation drop to critically low levels in a bid to prevent power…
The Japanese industry ministry has asked Mitsui and Mitsubishi to "think positively" about their participation in the Russian Sakhalin-2 oil and gas project after the Russian government announced it would…
The hot and dry weather in Germany will continue through September, according to weather forecasts, which could constrain power generation in the country and nuclear power supply in France. Forecasters…
Yemen’s Houthi-led government has accused the country’s Saudi-backed coalition forces of siphoning off $13 billion in Yemeni oil revenues over the past five years, with reports claiming that…
The national average for a gallon of gas at the pump in the United States fell to $4.139 on Thursday, the 51st consecutive day the country has seen…
U.S. pipeline operators and developers have recently announced five natural gas pipeline projects which are expected to increase the takeaway capacity from the Permian basin to demand centers near the…
China’s largest utility will soon begin the construction of some $22 billion of new long-distance, ultra-high-voltage transmission lines to connect more wind and solar installations to the grid. State Grid…
The U.S. crude oil benchmark dipped early on Thursday to the lowest level in months, falling below $90 a barrel for the first time since Russia invaded Ukraine at the…
ConocoPhillips (NYSE: COP) lifted its 2022 shareholder returns by $5 billion after reporting on Thursday tripled earnings from a year earlier, beating analyst expectations. Thanks to higher oil and…
Mining and commodities giant Glencore announced it would put $4.5bn back in shareholders pockets today after it reported record half-yearly profits of $18.9bn on the back of soaring…
Freeport LNG will resume most of its operations by October after the Pipeline and Hazardous Materials Safety Administration greenlit the restart. Freeport LNG said that the approval of the…
The secretary-general of the United Nations, Antonio Guterres, lashed out at the oil and gas industry, accusing it of "grotesque greed" and calling for additional taxes on their profits.…
With western sanctions looming and many nations shunning it, Russia appears to have discovered a new gateway for its crude, with Bloomberg reporting that Moscow has for the…
The British pound is expected to plunge to a historically low level versus the U.S. dollar in the fourth quarter of this year, when the energy and gas crisis in…
Germany’s government has held firmly onto the belief that its nuclear power industry must be retired, even in the midst of an energy crisis. But today, it appears that could…
Electricite de France SA, France’s state-owned utility, announced on Tuesday that it is highly likely it will be forced to extend cuts to nuclear generation as…
The restart of the redeveloped Tyra gas field offshore Denmark has been delayed by at least several months to the end of 2023 or early 2024 due to supply chain…
The saga with the notoriously late gas turbine delivery from Canada via Europe to Russia continues, as the turbine needed for a compressor station at the Nord Stream pipeline has…