Despite Congress passing new sanctions…
Ukraine is set to receive…
Precious metal prices surge, particularly…
Saudi Arabia is expanding its downstream presence and crude customers in Eastern Europe, traditionally Russia’s backyard, by buying a stake in a Polish refinery. Saudi oil giant Aramco has signed…
The U.S. Department of Energy has spent $1.1 billion on 11 carbon capture projects at coal-fired power plants and industrial facilities since 2009, most of which turned out to be…
Container shipping giant A.P. Moller-Maersk, a major consumer of oil products, pledged on Wednesday to reach net-zero greenhouse gas emissions across its entire business by 2040, a decade earlier…
Retirements of coal-fired electric power generation capacity are set to speed up this year from a relatively low level of retirements in 2021 to the point of accounting for as…
This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 1.077 million barrels, after analysts predicted a draw of 1.95 million barrels. U.S. crude…
Libya’s National Oil Corporation (NOC) has lifted the force majeure on crude exports from its western ports after militias ended a three-week-long blockade, but supply from the country is struggling…
In a move to regain some of its former glory in the North West European crude oil and products market, Saudi Aramco Trading Company (ATC) has clinched a…
Cheaper crude from Iran and Venezuela while international oil benchmarks were rallying was incentive enough for the world's top oil importer, China, to purchase in 2021 the most crude from…
Kazakhstan’s daily oil production is expected to return to pre-unrest levels by the end of this week, as Chevron has started to gradually restore the curtailed output, advanced oil data…
Benchmark Chinese coal prices fell to the lowest since the start of the year this week, after Indonesia allowed some coal cargos to leave its ports in a signal that…
Europe might be in the midst of an energy crisis, but one UK energy supplier has a potential solution: cuddle your pet for warmth. Ovo Energy, one of the largest…
Kuwait Investment Authority, the sovereign wealth fund of one of OPEC's largest producers, aims to ultimately make its portfolio 100-percent compliant with environmental, social, and governance (ESG) principles, the fund's…
Just as Libya partially recovered its oil production, bad weather forced the closure of four oil export terminals in the east—a sign that Libya’s crude exports in January will be…
Europe’s natural gas prices rose again on Monday as extra supply from Russia continues to be limited, while colder temperatures point to higher demand later this week. Natural gas…
U.S. economy-wide emissions jumped last year from the low levels in 2020 due to the COVID lockdowns, largely because of soaring coal-fired power generation in America, independent research provider Rhodium…
Mexico has reduced the debt burned of state-owned oil major Pemex by as much as $3.2 billion through a refinancing operation, Bloomberg reports, citing a statement by the Mexican…
Turkmenistan's president has ordered the government to find a way to extinguish a colossal gas fire burning since the 1970s. Dubbed the "Gates of Hell," the fire was rumored to…
Rising fuel costs, especially those of natural gas, drove up wholesale electricity prices in all U.S. regions in 2021, the Energy Information Administration (EIA) said in an analysis on…
Residents in the Groningen area in the Netherlands have voiced their anger at a plan by the Dutch government to potentially double this year production from the Groningen gas field,…
The Bank of England, which became in November 2021 the first central bank to adopt green criteria when buying corporate bonds under quantitative easing programs, is way off its targets…