The UK Treasury could earn…
India has ratcheted up renewable energy installations…
China, facing US threats of…
Poland is looking to stop using Russian oil by the end of this year and place an embargo on Russian coal imports within two months’ time, Polish Prime Minister Mateusz…
OPEC’s Joint Technical Committee has revised its estimates for Q1 supply and demand. In the Committee’s estimation, the supply surplus has shrunk to 600,000 bpd, versus its previous estimate of…
The House Energy and Commerce subcommittee has summoned the chief executives of six large U.S. oil companies for a hearing titled "Gouged at the Gas Station: Big Oil and America's…
A tweet went viral on Wednesday, claiming that the Vatican has reportedly become the first customer in Europe to pay in rubles for Russian natural gas. The report turned out…
The American Petroleum Institute (API) estimated that there was a draw this week for crude oil of 3.0 million barrels, compared to analyst predictions of a 1.558 million barrel draw.…
The UK’s Department for Business, Energy and Industrial Strategy is set to soon unveil targets to triple solar power capacity, quadruple offshore wind installation, and double onshore wind this decade,…
The UK’s natural gas industry is struggling to boost production, and this will likely make the country more reliant on imports, industry association Offshore Energies UK said this week, as…
U.S. and German government officials are meeting this week to discuss the supply of liquefied natural gas and hydrogen to Europe's largest economy, which is the most dependent on Russian…
Transneft, the Russian oil pipeline operator, has informed local oil companies that it would be capping the intake of yet-to-be-sold crude because of full storage as buyers in the West…
The OPEC+ group is set to meet on Thursday this week to determine the output levels for production beginning in May—and as volatile oil prices stick well above $100 per…
For the time being, India will not pay in rupees for oil from Russia or any other oil exporter, the junior petroleum minister of the world’s third-largest oil importer
The effects of the war in Ukraine are already being felt across the world, from rocking world energy markets to spurring a growing refugee crisis in Europe.
A cabinet row about offshore wind threatens to destabilize the UK’s energy policy, as a new poll suggests 90 percent of Brits would be happy to live near…
The semi-autonomous Iraqi region of Kurdistan has the capacity now to make up for at least some of the shortfalls of oil in Europe if the federal Iraqi government supports…
Russian President Vladimir Putin has instructed Gazprom, the central bank of Russia, and the Russian government to come up with a report by the end of March on how to…
An Australian investment bank has bought a 60-percent stake in the gas transmission system of National Grid, a top UK electricity and gas utility. Macquarie, known as "the vampire kangaroo",…
While Europe is set to import an increasing amount of liquefied natural gas (LNG) as part of its efforts to reduce reliance on Russian pipeline gas, the European market is…
China's state-run oil refiner, Sinopec, has paused discussions with Russia about a petrochemical investment and a deal to market Russian gas in China, Reuters sources suggested on Friday. Reuters sources…
While the European Union looks for ways to reduce its imports of Russian gas, flows via Ukraine remain high, at 109 million cu m daily amid lower wind energy output.…
A fire that broke out as a result of a Houthi missile strike on a Saudi Aramco oil storage facility in Jeddah earlier today is now under control, according to…