The US government is expected…
Lithium-ion has been the dominant…
The global upstream M&A market…
Note: According to Reuters' sources, CATL is pressing ahead with plans to deliver lower-cost lithium iron batteries to Ford Motor Co. and with plans for battery production…
Occidental Petroleum reported a net profit of $3.6 billion for the second quarter of the year, down from $4.7 billion for the first quarter, boasting the highest quarterly free cash…
The American Petroleum Institute (API) reported a surprise build this week for crude oil of 2.165 million barrels, while analysts predicted a draw of 467,000 barrels. The build comes as…
India may have rolled back its jet fuel and diesel taxes, but the government increased its windfall tax on crude oil exports by 4.41% on Tuesday to take effect on…
Oil prices resumed their climb on Tuesday ahead of the American Petroleum Institute inventory report later in the day, with both crude oil benchmarks regaining some of the lost ground…
Venezuela’s crude oil exports fell in July, Refinitiv Eikon data showed on Tuesday, as oil markets are on the prowl for additional oil supplies to ease the tight market. Venezuela’s…
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects are expected…
The G7 group of leading industrialized nations continues to explore ways of curbing Russia’s huge revenues from oil, including by considering a ban on all services enabling transportation of Russian…
The Mountain Valley natural gas pipeline project in West Virginia and Virginia could get an accelerated approval timeline under a side-deal between West Virginia Senator Joe Manchin and Senate Majority…
Marathon Petroleum Corp. (NYSE: MPC) saw its second-quarter adjusted earnings surge to beat expectations as fuel demand jumped and refining margins soared between April and June. On Tuesday, Marathon…
BP (NYSE: BP) on Tuesday increased its quarterly dividend by 10% and extended share buybacks after high oil and gas prices in the second quarter resulted in the supermajor's…
Russia’s oil exports appear to have stabilized, based on Bloomberg data released Monday showing a steady level of 500,000 barrels per day below the peak reached prior to…
A Reuters survey on Monday showed that OPEC produced 310,000 bpd more in July to fill in the gaps from reduced production in…
Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according to…
There is little Russia can do to help with repairs of equipment at Nord Stream compressor stations, according to Kremlin spokesman Dmitry Peskov. The situation with the necessary repairs needs…
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited by Reuters.…
Australia is again facing a domestic gas shortage because of excessive exports, and the Australian Competition and Consumer Commission is warning that the government must impose limits on LNG exports…
Tesla shareholders are expected to vote on Thursday whether to green-light the company’s latest stock split – the second in two years. “We believe the stock…
The utility in the large German city of Munich has restarted two power plants running on oil in a bid to save natural gas amid very low and highly uncertain…
The national average for a gallon of gasoline in the United States fell again on Monday to $4.212, according to AAA data. U.S. gasoline prices are down 14.3 cents from…