A U.S.-based biotechnology firm is…
As Western nations are withdrawing…
Uranium stocks surged as the…
ExxonMobil has increased its estimate of the gross discovered recoverable resource estimate for its Stabroek Block in offshore Guyana to 11 billion oil-equivalent barrels
Global commodities giant Trafigura confirmed today that it will stop all crude oil purchases from Russian state-backed Rosneft by May 15th. It is the latest commodities trader to cut ties…
The American Petroleum Institute (API) reported a surprise build this week for crude oil of 4.784 million barrels, compared to analyst predictions of a much smaller 600.000 barrel build. U.S.…
Germany has already cut Russian oil imports by over 20%, with officials now spreading optimism that it could be only a matter of days before the country is…
Poland announced on Tuesday that it was preparing to impose sanctions on 50 Russian oligarchs and companies, as Polish media report that Russia has stopped gas deliveries to…
A pipeline that Kazakhstan uses to export most of its oil began operating at full capacity over the weekend, one month after key offloading infrastructure was allegedly damaged…
Several Russian oligarchs, who have either worked at energy firms or amassed their fortune from oil and gas, have been found dead in suspicious circumstances, not only in Russia but…
Steel prices for hot-rolled coil in Europe have started to decline as end-users push back from earlier offers. Meanwhile, benchmark iron ore prices in China dropped, due to…
The world’s largest international oil firms are expected to book a combined $34 billion in net profits for the first quarter—the largest in more than a decade—but Big Oil will…
The Biden administration has blocked the expansion of oil and gas drilling in the National Petroleum Reserve in Alaska, effectively limiting land available for drilling to half of the reserve’s…
Democratic Senator Joe Manchin is exploring a new energy and climate legislative package that would win the support of Republican senators as a way of releasing massive funds earmarked for…
Russia’s state-controlled oil giant Rosneft has failed to place 6.5 million barrels of various Russian crude blends loading in May and June after demanding rubles and 100-percent pre-payment from buyers,…
Moody’s Investor Service has upgraded its outlook for the global energy industry from “neutral” to “positive”, forecasting “record profit and free cash flow”…
Gasoline prices in the United States climbed higher Monday, despite crude oil’s brief retreat under $100 per barrel as bearish sentiments emerged over China’s intensifying COVID lockdown.
Abu Dhabi crude is preparing to make its way to Europe for the first time in two years as the European Union seeks replacements for Russian oil, Reuters…
The authorities in Norway have arrested 20 activists who used small boats to keep a Russian oil tanker from unloading off Copenhagen on Monday. The activists,…
Guyana has sold a cargo of 1 million barrels of its newest crude to ExxonMobil for $106 per barrel, which was the first share for the government from the newly…
Kyrgyz officials say they have signed a contract with foreign investors to start building an "eco-city" near the picturesque shores of Lake Issyk-Kul in the country's north, despite…
An oil depot in Russia near the border with Ukraine caught fire early on Monday, and another site, a military one, was also on fire, Russian authorities and media
India’s crude oil import bill doubled in the financial year that ended on March 31, totaling $119 billion, The Hindu reported, citing data from the Petroleum Planning and Analysis…