The U.S. supermajors are doubling…
The United Kingdom needs to…
E-waste contains a significant amount…
Emerging economies in Asia face prolonged electricity crises and continued rolling blackouts as spot LNG prices surge and high demand from Europe is pricing Southeast Asia out of the tight…
Russia is "a big, main and highly influential player in the world energy map," according to the new secretary-general of OPEC, Kuwaiti former oil executive, and OPEC governor Haitham al-Ghais. Speaking…
Gas demand from all customers of French utility giant Engie has dropped in recent weeks amid surging natural gas prices in Europe as Russia slashed deliveries, the French company said…
Global oil demand is not declining in a pattern that would be consistent with a recession, and demand will still grow next year from this year despite expected slowdowns in…
The price of crude oil skyrocketed on Friday as the market generally ignored the crude oil demand implications from worries about the technical recession. At 11:40 p.m., ET,
Russian Sakhalin Energy Investments Co is asking the buyers of its liquefied natural gas to pay for it via the Moscow branch of an international bank, Reuters has reported,…
Italy’s Eni followed other European majors in increasing share buyback programs after posting quadrupled second-quarter earnings beating expectations. High commodity prices, strong refining margins, and cost management helped Eni (
Berlin, Germany's capital, and other cities have started turning off the spotlights on historic monuments and municipal buildings in an effort to conserve energy ahead of winter. "In view of…
Saudi Arabia’s Energy Minister Abdulaziz bin Salman met today in Riyadh with Russia’s Deputy Prime Minister and top OPEC+ negotiator Alexander Novak to discuss further cooperation between the two countries…
In a first for Chinese offshore shale, state-run oil giant CNOOC has announced what it claims to be a commercial discovery in the Beibu Gulf in the South…
Germany plans to introduce a levy for all its gas consumers beginning in October as the government looks to avoid a wave of collapsing gas-importing and gas-trading companies amid record-high…
Unusually heavy rains and flash floods in the UAE forced the closure overnight of one of the biggest oil bunkering ports in the world, with operations slowly resuming…
The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+ sources told Reuters on Thursday.…
London could stall for years new housing developments in three of its West boroughs because the electricity network of the UK’s capital has hit capacity and cannot support new homes…
Soaring natural gas prices are giving rise to coal demand around the world, with consumption set to match this year the record-high from 2013, and further jump to a new…
Kosovo has signed a $237 million agreement with a United States government agency to boost its energy sector, promote women's participation, and boost development.
The notorious gas turbine that is traveling from Canada to Russia and should lead to increased gas flows via the Nord Stream 1 pipeline has still not reached its destination.…
Repsol’s net profit for the second quarter surged four times compared to the same period of 2021, thanks to much higher oil and gas prices following the Russian invasion of…
TotalEnergies (NYSE: TTE) raised interim dividend and expanded share buybacks after reporting on Thursday more than doubled net income for the second quarter, on the back of rallying oil…
Shell (NYSE: SHEL) reported on Thursday another record in quarterly earnings—its second record-setting quarter in a row–as oil and gas prices surged and refining margins spiked. Shell booked…