India sets a new record…
Chinese FX outflows, often underreported…
As we kick off Q1…
The European energy industry is eager to consolidate and sell assets, a survey by international law firm CMS. According to the survey, three-quarters of energy companies in Europe were…
The Biden administration seems to be considering an increase in royalty rates for oil companies operation onshore, Reuters has reported, citing an accidental release of a draft notice posted…
OPEC has again failed to meet its own production targets again in January as the group lifted production only 210,000 additional barrels per day for the month. Looking at this…
One of the world's largest LNG exporters, Qatar, wants the European Union to restrict the resale of gas cargoes outside the EU if Qatar agrees to divert emergency supply to…
Colder-than-usual weather in January and high LNG exports reduced U.S. working natural gas storage levels to below the five-year average again, after one of the warmest Decembers on record had…
Nigeria, the largest African producer in OPEC, lost an estimated $487.5 million from oil revenues as force majeure and sabotages led to a decline of 6.596 million barrels of oil…
Amid ongoing tension between NATO and Russia around Ukraine, the head of the treaty organization Jens Stoltenberg has expressed concern about Europe's dependence on Russian gas. "We are concerned about…
Gas stoves may find themselves the next target of climate activists after a study published by the American Chemical Society highlighted methane leaks that occurred while the stoves were…
China plans to launch by 2025 a unified nationwide power market system to ensure grid flexibility and stability and avoid a repeat of the energy crisis in the autumn of…
Rallying oil and gas prices and the economic rebound in 2021 helped Chevron (NYSE: CVX) to book last year a record-high free cash flow and its best annual earnings…
Japan is set to import the highest quantity of coal in January in just over two years, as utilities scramble to get supplies for power generation amid high spot liquefied…
A group of Democratic lawmakers, led by Senator Elizabeth Warren, demand that six major cryptocurrency mining companies detail their high energy usage, the possible impact on the environment, and the…
China will, by the end of the year, have more renewable and low-carbon power generation capacity than fossil fuel capacity, the country’s Electricity Council has reported. Reuters reports that China…
On top of $90 oil prices, the futures market also points to further pain at the pump for American consumers. Gasoline futures at NYMEX are trading at their highest premium…
The energy transition “is not going smoothly,” the chief executive of Saudi Aramco, Amin Nasser, said on Thursday, calling for continued investment in oil and gas until low-carbon energy could…
The White House is dealing with logistical challenges in its efforts to secure alternative natural gas supply to Europe if Russian supply is interrupted in case Russia invades Ukraine, Press…
The world’s largest sovereign wealth fund, Norway’s $1.3-trillion wealth fund, enjoyed last year its second-best return in history, earning the equivalent of $176 billion, driven by technology and financials, while…
Kazakhstan’s state electricity provider has announced it is cutting power supplies to crypto miners until the end of January at the earliest. State-run broadcaster Khabar on January 25 cited KEGOC as…
2021 was a dismal year for the UK automotive industry, as output fell 6.7 percent to less than 860,000 units – the lowest since 1956. Figures…
As an example of how trade disputes often have little to do with trade, the announcement this week that the US and UK would sit down for talks…