India sets a new record…
Four projects were planned offshore…
Central Asian states are easing…
When news of Russia’s export tax on primary aluminum came out in the summer, it caused an increase in LME prices. More significantly, however, physical delivery premiums —…
The White House is studying the replacement of Line 5—a contentious piece of infrastructure that carries crude oil and fuels from Canada to the United States through the Great Lakes…
Oil prices would be double what they are today if it wasn’t for the concerted actions by OPEC+ to manage supply and demand, the United Arab Emirates said on Monday…
The OPEC+ group has the capability to increase its crude oil supply to the market if there is demand, according to one of the key members of the coalition, the…
Funds for clean energy, a national network of electric vehicle chargers, grid upgrades, and zero-emission buses are part of the $1-trillion Bipartisan Infrastructure Deal that Congress passed this weekend.…
U.S. President Joe Biden could announce measures to address high gasoline prices as soon as this week, U.S. Energy Secretary Jennifer Granholm told MSNBC in an interview on Monday.…
Occidental Petroleum plans to stop hedging its oil output next year as prices remain elevated with substantial upside potential. "Our current oil and gas hedges will expire by the end…
Tesla's chief executive took to Twitter to poll his followers about whether he should sell 10 percent of his Tesla stock. The poll said yes. "Much is made lately of…
Airlines are back to hedging the price of fuel to protect themselves from higher oil prices next year, although the hedges are less risky and for shorter periods as uncertainty…
Current oil prices at around $80 per barrel adequately reflect the situation on the market, Russian Deputy Prime Minister Alexander Novak told local TV Rossiya-24 in an interview after…
The UK, Germany, Italy, South Korea, and Indonesia are among the 40 countries that signed a pledge to phase out coal. That seems a positive development for the climate. But…
Your problem isn’t our problem was the harsh message delivered by OPEC+ on Thursday at a post-OPEC+ meeting presser. Referring to the energy crisis soaring energy costs, Saudi Arabia’s Energy…
The recent start of operations of the Enbridge Line 3 replacement pipeline could cut shipments of crude by rail from Canada to the United States, the U.S. Energy Information Administration…
China’s energy giant Sinopec has signed a long-term delivery contract for liquefied natural gas with U.S. Venture Global in what has become the biggest such deal in China. Quoting state…
U.S. retail gasoline prices have started to decline in recent days and could drop even further, according to fuel-savings app GasBuddy. "If you don't need gas, my suggestion is wait,"…
After slumping by more than 3 percent on Wednesday, oil prices returned to rallying early on Thursday as the first reports from the OPEC+ meetings indicated that the Joint Ministerial…
Severe droughts and wildfires this year have pushed California to turn to natural gas in order to secure its energy supplies this winter, Reuters has reported, with the California…
Despite the energy crisis in Europe and Asia, and the alleged gas to oil switching as a result, rising crude oil stocks in the United States have just tanked WTI…
The COP26 climate summit has so far disappointed with a lack of progress, according to the Chair of the Least Developed Countries Group at UN Climate Change negotiations. “The progress…
China will rely heavily on nuclear energy in the coming decades to try to reach its own carbon neutrality goal in 2060, as it looks to significantly expand its nuclear…