The U.S. government has multiple…
Saudi Arabia’s oil giant, in…
Azerbaijan has benefited from the…
China has recently imported a cargo of liquefied natural gas (LNG) from Russia via the so-called Northern Sea Route as an emergency shipment of gas amid the energy shortage in…
The controversial Russia-led natural gas pipeline Nord Stream 2 will likely get approval from German and EU regulators, but this approval could also likely come too late to ease the…
Over the past months, Ukrainian politicians have been persistently throwing red meat to Moscow through acts of aggression against the Nord Stream-2 pipeline, the recent escalation of the…
More than three million UK households are facing a troubled winter in debt to their energy supplier – half a million more than last year – according to…
Mexico has started hedging its 2022 oil production in the world’s most notorious and largest oil hedge, Bloomberg has reported, citing unnamed sources in the know. The source told Bloomberg…
The Navy of Iran's Islamic Revolution Guards Corps (IRGC) has prevented an attempt by the U.S. to seize an Iranian tanker in the Sea of Oman and "confiscate" its oil,…
Canada will ban thermal coal exports by 2030, Prime Minister Justin Trudeau said at the COP26 climate summit in Glasgow. The ban is part of the efforts to put…
The American Petroleum Institute (API) on Tuesday reported its sixth straight week of crude oil inventory builds. This week, the API estimated the inventory build for crude oil to be…
It should not be taken for granted that the OPEC+ alliance needs to raise its monthly oil production more than currently planned, Kremlin spokesman Dmitry Peskov said on Tuesday, commenting…
Tesla's (NASDAQ: TSLA) share price slipped on Tuesday after Elon Musk said late on Monday that the EV manufacturer hadn't yet signed a contract with Hertz for the single…
BP (NYSE: BP) reported on Tuesday profits above analyst expectations and committed to additional share repurchases by early 2022 as the rally in oil and gas prices raised cash…
Russia saw its crude oil and condensate production rise in October for a second consecutive month as it increased output under the OPEC+ agreement to ease the collective production cuts.…
The Bureau of Land Management’s state office in Wyoming will offer some 179,000 acres across 195 parcels in an oil and gas lease sale in the first quarter of…
The Brent crude benchmark will hit $120 per barrel by the end of June 2022, Bank of America said in a research note this week, cited by Bloomberg. The catalyst…
BHP, the world’s largest miner, has seen its plan to divest thermal coal assets stalled amid the recent rally in coal prices in the global energy crunch, sources with knowledge…
Iran’s Navy thwarted on Monday an attempted pirate attack on an Iranian oil tanker in the Gulf of Aden south of Yemen, before the vessel entered the Bab el Mandeb…
The three largest power producers in China, which account for 44 percent of total generation capacity in the country, swung to losses in the third quarter of 2021 amid soaring…
Iraq is in discussions to sign energy deals with Saudi Arabia worth tens of billions of U.S. dollars, according to Iraq’s oil minister. OPEC’s second-largest producer, Iraq, and OPEC’s top…
Saudi state energy giant Aramco booked a net profit of $30.4 billion for the third quarter of the year, up by 158 percent from the third quarter of 2020…
ExxonMobil (NYSE: XOM) will start next year share repurchases of up to $10 billion after its quarterly profit surged to multi-year highs on the back of improved global energy…