Biden's administration finalized rules mandating…
European steel mills face challenges…
The U.S. Treasury and State…
Abu Dhabi National Oil Company (ADNOC) has created a new entity that will sell the first bond of the United Arab Emirates' oil producer as the OPEC member looks to…
Saudi Arabia has grown its natural gas production by 30 percent in a decade to a record 11 billion cubic feet per day (Bcf/d) in 2020, as the world’s top…
High-impact well drilling activity returned to growth in 2021 after a decade-low in 2020 when the pandemic and crash in demand made oil and gas companies slash drilling budgets and…
Shell has made a significant oil and gas discovery offshore Namibia, one of the expected hotspots for exploration this year, Reuters reported on Tuesday, quoting three sources in the…
The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid operator National Grid…
The Trans-Adriatic Pipeline could expand its capacity a year ahead of schedule, the managing director of the project, Luca Schieppati, told Italian media as quoted by Reuters this week.…
ConocoPhillips' CEO Ryan Lance is bullish on the price of oil, the executive said on Monday at the Argus Americas Crude Summit in Houston. Lance further expressed his view…
Mexico’s well-known oil hedge is showing no signs of diminishing, even in the wake of Mexico’s ambitious plans to curb oil exports. Mexico’s hedge for 2022 crude oil production, in…
European industries could grow using clean energy only if the European Union (EU) decides to classify some nuclear power plant investments as sustainable, the head of Europe’s top copper producer,…
The new Dos Bocas refinery that Mexico’s government is building to reduce the country’s dependence on fuel imports is “being built in record time. Opinions around the world are very…
Reliance Industries expects the global natural gas crunch and the gas price rally to continue benefiting India’s oil-to-telecoms conglomerate with more earnings in the coming months after higher…
Iraq is already scheduling crude oil shipments for delivery in March thanks to strong demand, the deputy head of the State Organization for the Marketing of Oil, or SOMO, told…
The construction of Mexico’s Dos Bocas oil refinery is running $3.6 billion over budget and delays could mean that the flagship project of Mexican President Andrés Manuel López Obrador may…
Morgan Stanley expects oil prices to hit $100 per barrel in the second half of the year, becoming the latest major Wall Street bank to expect triple-digit oil prices by…
The energy and environment ministers of the European Union (EU) member states are discussing at the end of this week the soaring energy prices in the bloc and ways to…
Germany could consider cooperating with Russia in renewable energy to defuse the tension between Moscow and the West over Ukraine, German Minister for Economic Affairs and Climate Action, Robert…
U.S. crude oil exports have jumped in recent weeks as America leads supply growth amid steady and resilient global demand, according to commodity analytics provider Kpler, cited by Reuters.…
The Treasury Department extended a moratorium on transactions on a bond issued by the U.S. arm of Venezuela’s PDVSA, Citgo, for another year in the latest move to shield the…
Major Chinese liquefied natural gas (LNG) importers are now offering to resell some cargoes on the spot market this year, suggesting that China has stocked up more than enough to…
BP and Rosneft were the only companies to have delivered over 1 billion barrels of oil equivalent in discoveries last year due to their exposure in Russia which…