Over the weekend, Russia launched…
The US aims to reshape…
Several countries worldwide have achieved…
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…
Canada plans to boost its crude oil exports as Western importers turn away from Russian crude. The country could increase oil exports by some 200,000 bpd from current rates, the…
Soaring lithium prices are threatening energy transition efforts as EV battery makers will be forced to hike the prices for their products by as much as 25 percent, Morgan Stanley…
Russia is considering digital currencies as one of its accepted means of payment for oil and gas, the BBC has reported, citing a Russian lawmaker. According to Pavel Zavalny,…
Several leaders from European Union members have scoffed at Russia's demand that some "unfriendly" countries will be forced to pay for its natural gas and oil in rubles, saying the…
The association of German utilities is calling on the federal government to create a system for early warning about a potential drop in gas supply, noting that there are…
The United States and the United Kingdom have agreed to send more liquefied natural gas (LNG) cargoes from Baltimore to the UK and then on to Europe, the British Ambassador…
As part of drafting contingency plans to meet natural gas demand, the European Union is currently assessing all scenarios, including the possibility of a halt in Russian gas supply to…
Earlier this week, we quoted the heads of some of the world's biggest independent energy trades, who spoke at the FT Commodities Global Summit in Lausanne, Switzerland and unveiled a dire…