Scientists are using magnetic imperfections…
Uranium stocks surged as the…
Copper investments are enjoying another…
Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects a record high oil and gas production this year, as demand recovers and OPEC+ eases the production cuts, the…
President Biden has signed an executive order seeking to make the federal government—and the U.S. economy as a whole—climate neutral by 2050 by supporting low-carbon electricity and EVs, as well…
The price of WTI has recovered 60% to $72.60 from just $45.52 a year ago. And such gains in oil prices could spark a resurgence in oil…
EU climate rules and the use of more coal to replace natural gas at sky-high prices in power generation have resulted in a massive rally in the EU carbon price,…
Due to low hydropower generation, Iceland has seen a shortage of electricity supply in recent days to the point where its biggest utility curtailed power to some industrial activities, data…
Ford Motor Co. reported November U.S. sales increased by 5.9% year over year to 158,793 vehicles. Total truck sales increased by 4.6%. Meanwhile,…
Bad weather at Russia’s Black Sea port of Novorossiysk is delaying loadings and creating traffic congestion on the straits of the Black Sea leading to the Mediterranean, trading sources told…
The Environmental Protection Agency has proposed reducing the amount of biofuels that oil refiners are mandated to add to petroleum fuels in a bid to provide some breathing space to…
Global oil demand could see downside risks due to the Omicron variant, the U.S. Energy Information Administration (EIA) said on Tuesday, slashing its world oil consumption forecasts for both 2021…
This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 3.089 million barrels. U.S. crude inventories have shed some 60 million barrels since the…
The Iran-aligned Houthi movement in Yemen targeted on Tuesday oil infrastructure and military compounds in Saudi Arabia with drones and ballistic missiles, the movement said today on its broadcast…
U.S. coal stockpiles fell in September 2021 to the lowest level of total monthly coal stocks at the electric power sector since at least 2001, the Energy Information Administration (EIA)…
The Russian government is considering the possibility to allow Russia’s largest oil producer, Rosneft, to export natural gas to Europe via pipeline, the Kremlin said on Tuesday—a move that could…
The tender of crude oil from the strategic petroleum reserve of the United States has attracted at least two foreign refiners as bidders, Bloomberg has reported, citing unnamed sources with…
Iraq's oil minister Ihsan Abdul-Jabbar expects crude oil to recover to $75 per barrel, Reuters has reported, citing an interview of Abdul-Jabbar for Iraqi state TV. Shortly after the…
The lack of investments into the oil industry is steering the world toward scarcity, one of the world’s largest oilfield service providers warned on Monday. A global oil scarcity is…
Despite investor and societal pressure, banks worldwide continue to lend money and underwrite bonds issued by oil, gas, and coal companies, with bond deals in fossil fuels arranged by banks…
The Russia-led Nord Stream 2 gas pipeline cannot start sending natural gas to Europe until it is certified by German authorities, which have suspended the certification process, according to Germany’s…
Energy efficiency and ways to reduce emissions from buildings may be the cheapest way to lower carbon footprints and help reach climate goals, but the current pace of investments in…
The number of electric vehicle (EV) patents has gone up all across the world, while fossil fuel ones have registered a rapid decrease in the last five years…