Oil prices are set to…
U.S. supermajors ExxonMobil and Chevron,…
The United States faces an…
The European Union looks set to agree on an oil embargo against Russia that would exempt pipeline exports, Reuters has reported, citing a draft document to be discussed later…
The Haidach gas storage site in Austria—one of central Europe's largest—may be unable to receive any natural gas ahead of next winter due to a lack of connections other than…
The European Union is discussing the idea of temporarily exempting Russian oil supply via the Druzhba pipeline from a ban on imports of Russia's crude, as leaders are trying to…
Russian President Vladimir Putin reported to Austria on Friday that Russia would meet its natural gas delivery commitments and was ready to negotiate a prisoner swap with Ukraine,…
Equinor's Hammerfest LNG unit in Norway has been restarted after a September 2020 fire took it offline, the company reported on Friday. The unit is capable of producing 4.65 million…
Fresh off of the US targeting a series of companies involved in an Iran-linked oil smuggling network, the US has now seized an…
London-listed energy companies that will be caught by Chancellor Rishi Sunak’s windfall tax tumbled during opening exchanges today. The capital’s premier FTSE 100 index was flat…
Some UK oil producers have suggested that the windfall tax announced yesterday by Chancellor Rishi Sunak could lead to a review of their investment plans for the North Sea. The…
The energy ministers of the world’s leading industrial nations on Friday urged OPEC to increase oil supply amid high oil prices that are hitting consumers and threatening an economic slowdown.…
The European Union is drafting contingency plans in case of natural gas supply interruptions, the Financial Times has reported, citing the European Commissioner for Energy, Kadri Simson. According to…
The United States announced that it will hold its first-ever wind power lease sales off the coast of California. The initial areas for offshore wind in the Pacific could bring…
U.S. refiners are operating at the highest operating rate since before the pandemic, but they are not expected to bring relief to the tight fuel market through major capacity expansions…
BP will review its oil and gas investments in the UK, the company said on Thursday, after UK Chancellor Rishi Sunak presented a plan earlier in the day that would…
Spain passed a decree this week limiting the use of air conditioning in public buildings as part of a strategy to conserve energy and reduce Europe’s dependence on Russian gas.…
The OPEC+ group is expected to rubberstamp next week its moderate monthly increases in oil production when it decides output levels for July, six sources at OPEC+ told Reuters…
Small tankers and ship-to-ship transfers are being used to keep the flow of Russian oil to China steady, Bloomberg reported this week, citing sources from the brokering industry. Typically,…
The European Union is in talks with Israel to start importing Israeli natural gas that would be liquefied at an Egyptian facility, Bloomberg has reported, citing documents. Israel has…
Washington has imposed sanctions on an oil smuggling network led by figures connected to Iran’s Revolutionary Guards and allegedly backed by the Russian government. “Today, the…
Two senior White House advisors on Tuesday met in secret with senior Saudi officials to discuss a deal to increase oil production, three current and former U.S. officials told Axios.…
A day after declaring a state of emergency, Hungarian leader Viktor Orban said on Wednesday that big companies operating in the country, including energy companies, would be forced…