A U.S.-based biotechnology firm is…
Billionaires' ventures into space travel…
Israeli authorities claimed to have…
The EPA finalized U.S. biofuel blending requirements for 2020, 2021, and 2022, according to Bloomberg sources familiar with the plan. Laying out what is known as the Renewable Fuel Standard,…
LNG production in Qatar has fallen this year, even with increased calls for the fuel amid an energy crisis in Europe as the bloc attempts to wean itself off Russian…
Chevron CEO Mike Wirth’s view of U.S. refineries is that there will never be another new refinery building in the United States. High prices at the pump have triggered a…
The U.S. Department of the Interior must analyze the climate impacts of oil and gas leasing on 4 million acres of federal land spanning five states before drilling can commence,…
Switzerland’s power supply remains uncertain for next winter and troubles with enough electricity capacity cannot be ruled out, the Swiss Federal Electricity Commission, Elcom, said in its annual news…
Ukraine’s central bank is considering bringing in extra import duty on non-critical imports, having hiked its main interest rate to a seven-year high. The country has…
Expectations of higher electricity demand this summer and possible supply reductions have raised concerns that the Midcontinent Independent System Operator (MISO) balancing authority could face tight reserve margins during peak…
The European Union formally adopted on Friday the sixth package of sanctions against Russia, which includes a ban on seaborne Russian oil imports and a ban on maritime insurance…
In a U-turn from his previous position on Saudi Arabia, U.S. President Joe Biden is set to visit the world’s top crude oil exporter later this month, as soaring oil…
If Ukraine loses operational control at Zaporizhzhia, the largest nuclear power plant in Europe, currently occupied by Russian forces, Kyiv would consider shutting down the power plant, Yuriy Boyko, an…
The Brazilian government is planning to move a step closer to the privatization of oil major Petrobras by including it in its privatization program, Reuters has reported, noting that analysts…
A White House economic advisor told a panel on Thursday that the Biden administration is now considering the U.S. congressional proposal that would place a windfall tax on…
Russia is confident that it will be able to restore in June oil production lost in March and April, with this month seen as “maximum recovery relative to previous levels,”…
The Biden Administration is preparing a study on the energy consumption of crypto mining operations with the goal to issue policy recommendations on how miners could lower their energy use…
European Union ambassadors approved on Thursday the proposed partial ban on Russian oil imports into the EU as part of a sanctions package that also aims to cut Russia off…
OPEC+ decided on Thursday to ramp up its monthly oil production increase to nearly 650,000 barrels per day (bpd) as the group looks to compensate for falling production in its…
UK authorities issued on Wednesday their final approval to Shell's Jackdaw gas field development in one of the biggest projects in the North Sea in recent decades as the government…
U.S. exports of liquefied natural gas remained close to record levels last month, at 7.29 million tons, or the second-highest since records of such exports began. According to Refinitiv Eikon…
Crude oil from the nation's Strategic Petroleum Reserves may be headed into commercial inventories, but the American Petroleum Institute (API) still reported a draw this week for crude oil of…
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion through 2025,…