ExxonMobil continues to expect that…
Scientists are using magnetic imperfections…
India's steel imports have surged,…
The idea to restrict or ban exports of U.S. crude oil and liquefied natural gas (LNG) is the “stupidest thing,” ConocoPhillips chief executive officer Ryan Lance said this week as…
The ongoing Russian-Ukraine conflict has impacted metal prices, including steel raw materials, and ferrous products prices. Metal prices, raw materials on the rise Iron…
Gold resumed its charge this afternoon after the price faltered this morning on hopes of diplomatic progress between Russia and Ukraine. The price fell to $1972…
Volkswagen CEO Herbert Diess told the FT in an interview published Thursday that a prolonged war in Ukraine would be "very risky" for…
The Russian invasion of Ukraine has yielded commodity price volatility spanning across sectors. Russia is a major producer of platinum and palladium. Palladium primarily goes toward…
Confusion over asset valuation as oil prices are on their wildest ride in history over Russia’s invasion of Ukraine has put some deals in the U.S. shale patch on hold,…
Two energy giants will pump £75 million into offshore wind projects, which could light 8.5 million homes, as Britain looks to wean itself on dependence for Russian oil.…
In a rare move, Saudi Aramco has announced a tender for the purchase of between 1.2 and 4.6 million barrels of low-sulfur diesel fuel, adding pressure on an already tight…
U.S. Energy Secretary Jennifer Granholm has called on the oil industry to ramp up production in response to soaring fuel prices. "We are on a war footing," Granholm said at the…
As prices at the pump continue to rise for Americans, and as U.S. President Joe Biden warns oil and gas companies about price-gouging to take advantage of profits…
The flip flopping in Germany over nuclear power continues, with Germany’s economy and environment ministries now reverting back to their old tune of advising against extending the life…
The Santa Barbara County in California rejected this week a proposal from ExxonMobil to transport oil via tanker trucks that would have been a step toward restarting three oil…
Japan is considering its options about Russian oil after the United States banned on Tuesday U.S. imports of energy from Russia, including oil, coal, and LNG. Japan has been in…
The U.S. decision to ban imports of Russian oil is likely to worsen Russia’s struggles to sell its cargoes as buyers will avoid Russian crude even more than they have…
After more than a year of little to no dialogue with the U.S. oil industry, officials from the Biden Administration are set to meet with shale executives this week to…
Brent Crude prices are expected to average $105.22 per barrel this year, the Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast…
Kazakhstan is facing economic crisis as the war in Ukraine threatens crude oil exports, which alone account for around 14 percent of GDP and 57…
In an arrangement similar to the bloc's $2 trillion COVID rescue fund, the European Union has decided to jointly issue what Bloomberg dubbed "potentially massive" bond…
The American Petroleum Institute (API) estimated that there was a build this week for crude oil of 2.811 million barrels, largely in line with analyst predictions of a 2.796…
Russian President Vladimir Putin has signed a decree that institutes special economic measures that will be in effect until the end of this year. Part of those special economic…