The UK aviation industry is…
The UK economy has shown…
China has emerged as a…
A rebound in Chinese natural gas demand and rising fuel sales pushed the earnings of state oil and gas giant PetroChina to a record high in 2023, despite the drop…
Foreign oil firms in Iraqi Kurdistan are partially to blame for the delays to the resumption of exports from the semi-autonomous region of OPEC’s second-largest producer, Iraq’s Oil Ministry said…
SLB, the biggest oilfield services firm in the world, is not planning to abandon its business in Russia, chief executive Olivier Le Peuch told the Financial Times in an…
Commodity demand will increase this year driven by interest rate cuts by central banks. This is according to Goldman Sachs, which sees potential commodity returns as high as 15%. The…
Houthi forces have struck a tanker owned and operated by a company based in Hong Kong, the U.S. Central Command has reported, calling the vessel “Chinese”. The Huang Pu, which…
Russia attacked an underground natural gas storage site in the Ukraine, but the Ukrainian state energy company Naftogaz said that supply had not been disrupted. “We have sufficient…
Exxon has “strong feelings” that it is right in its view of the right-of-first-refusal provision in its spat over oil assets in Guyana, Exxon Senior Vice President Jack Williams told…
Venezuela's Cardon refinery halted its distillation units on Friday following a fire, anonymous sources told Reuters. A fire that began with a bang following a gasoline leak has been put…
The United States has repeatedly urged Ukraine to halt its drone attacks on Russian oil refineries due to Washington’s assessment that the strikes could led to Russian retaliation and push…
The volumes of Russian diesel in floating storage at sea have jumped this month to the highest levels since at least 2017, according to data from analytics firm Kpler compiled…
Pemex, Mexico’s state-owned oil firm, has been putting off urgent equipment repairs on a major producing platform in the Gulf of Mexico, despite being aware of the faulty components and…
All Indian refiners are now refusing to take Russian crude transported on vessels of sanctioned Russian tanker fleet owner Sovcomflot to avoid running afoul of the stricter enforcement of the…
ExxonMobil is slightly ahead of schedule in its work to double its LNG portfolio by 2030, Peter Clarke, senior vice president for global LNG, has told Reuters in an
PetroChina is welcoming this weekend a cargo of Venezuela’s Merey crude for use at a new huge refinery after the U.S. eased sanctions on Venezuelan oil exports a few months…
16 states are suing the federal government for the decision to “pause” new LNG export capacity permitting. The plaintiffs, all Republican-led, include Texas and Louisiana, as well as Florida, claim…
BlackRock has asked Texas authorities to reconsider the withdrawal of $8.5 billion in assets of the Permanent School Fund from the asset manager. The decision to withdraw from BlackRock was…
Oil prices are set to end this week flat after gaining around 3% last week amid robust demand and growing supply unease. This week, these factors were tempered…
Offshore wind development costs are 30% higher in the United States than they are in Europe, Germany’s biggest utility said on Thursday at the CERAWeek conference. According to RWE AG…
U.S. senators introduced a bill on Thursday designed to expand the ban on selling off the nation's oil held in the Strategic Petroleum Reserves to China. U.S. President Joe Biden…
Russia’s coal sales to China plunged by 22% in January and February compared to the same months last year after China re-imposed an import tax, which makes Russian coal more…