David Cameron's recent visit to…
In the oil rig basins…
Lithium-ion has been the dominant…
Vitol Group, the world’s biggest independent oil trader, is shipping the first-ever cargo of Russia’s ESPO crude blend to the United Arab Emirates (UAE), Reuters
The European Union is replacing one form of fossil fuel dependence with another, a group of former Brussels policy chiefs warned in a letter, cited
The American Petroleum Institute (API) reported a larger-than-anticipated draw this week for crude oil of 3.479 million barrels, compared to analyst predictions of a 1.167 million barrel draw.…
U.S. refiner Marathon Petroleum Corp (NYSE:MPC) was trading up over 4.3% close to close Tuesday after posting Q1 earnings showing an impressive jump in profit on the back…
Minutes after Russian President Vladimir Putin authorized a new decree on retaliatory sanctions against the West, the European Union has announced a lineup…
Ahead of today’s API inventory data and official EIA data to be released on Wednesday, a Wall Street Journal survey shows analysts and…
Russian energy giant Rosneft has been hit by a major cyberattack, according to various news reports in Germany. Germany’s Federal Office for Information Security, the BSI,…
A refinery owned by French supermajor TotalEnergies in Germany is expected to continue importing Russian crude oil via pipeline at least through the end of this month, sources…
Germany’s Uniper is continuing talks with Russian Gazprom and the German government on paying in rubles for deliveries of Russian gas, according to a Q1
Natural gas prices in Europe on Tuesday extended a slide that began three days ago thanks to forecasts for warmer weather coming to Europe along with LNG shipments…
Oil prices will remain elevated in the coming months as current supply losses from Russia at around 1 million barrels per day (bpd) could double this month, BP’s…
BP (NYSE: BP) reported on Tuesday a quarterly profit more than doubled from last year’s first quarter and far exceeding analyst expectations, thanks…
While Germany inks a $10-billion-plus energy deal with India, India is negotiating another crude oil deal with Russia. As energy alliances shift as a result of…
Domestic supplies of gasoline and diesel in the United States are dwindling as record volumes of fuel are being exported from the Gulf Coast, BNN…
At the conclusion of its Monday meeting, the European Union has said it will not heed Russian demands to pay for gas in rubles, with a mid-May deadline…
Finland has canceled…
After briefly surpassing Qatar and Australia as the world’s top LNG exporter, the United States lost the top slot to Qatar in April as volumes in the north…
Force majeure in Libya and under-production in Nigeria have led to a much lower increase in OPEC production for the month of April than was called for by…
As Hungary threatens to veto a European Union-wide ban on Russian energy products, the bloc is now considering exemptions for Hungary and Slovakia, or a longer timeframe for…
A bill that would pave the way for the U.S. to sue OPEC members and its allies under antitrust laws could have an unintended negative impact on America’s…