Tesla's Full Self-Driving system has…
WTI crude found resistance at…
Besides its important geo-strategic location,…
The three Baltic states—Lithuania, Latvia, and Estonia—have suspended all purchases of Russian gas, government officials said. For now, the needs of the three tiny nations will be satisfied from storage…
Germany is considering the idea of nationalizing the German units of Russian oil and gas giants Rosneft and Gazprom over concerns the companies that are systemically important for…
Crude oil and condensate production in Russia fell slightly in March compared to February, Reuters reported on Friday, citing sources with knowledge of…
Cargoes of Russia’s ESPO crude loading in May have been offered to China for payments in yuan, as the world’s top crude importer continues to purchase Russian oil but is…
The United Kingdom is set to join the United States in the latest round of releases from strategic petroleum reserves as the Western allies and the International Energy Agency (IEA)…
The number of fuel-stressed households in the UK doubled with the start of this month as the energy market regulator of the country lifted the cap on energy prices. Per…
Venezuela is reportedly looking for oil tankers in anticipation of sanction relief from Washington. Reuters cited three unnamed sources and a document as saying the state-owned oil company PDVSA…
China's largest state-owned oil giants have recently announced major increases in their capital expenditure plans for this year, as the world's largest oil importer prioritizes energy security amid soaring energy…
The U.S. Administration is mulling over whether to temporarily remove the summertime restriction on the sale of the higher-ethanol gasoline varieties in another policy attempt to lower high gasoline prices,…
The 60 largest banks in the world poured as much as $742 billion in fossil fuel financing in 2021 alone, a new report by environmental groups showed this week.…
The UK fracking industry has been given a reprieve by the North Sea Transition Authority (NSTA), which has lifted an order requiring Cuadrilla to plug and abandon the…
Much has been said about the trials and tribulations of the aluminum market, particularly of the impact on smelter output from energy rationing in China last year and…
U.S. President Joe Biden outlined a series of steps the White House is taking to reduce high prices at the pump. The U.S. President called on Congress on Thursday to…
India is considering a proposal from Russia to use a messaging system developed by the Russian central bank for bilateral payments as New Delhi isn’t following the US-led…
The Technical Committee of the OPEC+ group has dropped the International Energy Agency as a secondary source of member oil production data in favor of Norwegian consultancy Rystad and Wood…
President Joe Biden is reportedly preparing for what would be the largest ever release of crude oil from the strategic petroleum reserve, totaling some 180 million barrels, according to unnamed…
Some of the largest Gulf oil producers, including Saudi Arabia and the United Arab Emirates, are seeking to sign a written treaty with the United States under which the U.S.…
The Biden Administration appears not to plan to hold any lease sales for offshore oil and gas areas in the Gulf of Mexico, according to a draft budget proposal analyzed…
Addressing the Iran nuclear deal, EU Foreign Policy Chief Josep Borrell noted "sometimes they think they’re almost there. And other days not." That seems to be…
The Dutch government will advise citizens and businesses to use less gas but has stopped short of activating emergency energy plans. Earlier today,