The recent ban on Russian…
U.S. supermajors ExxonMobil and Chevron,…
The development of new oil…
When Chinese steel group Tsingshan announced its Indonesian nickel operations would supply matte — a form of the metal used only for stainless…
Norway is voting today in parliamentary elections whose outcome will likely set the pace for the decarbonization of the country's oil and gas industry. Reuters reports that the most…
A storm developing in the southwestern Gulf of Mexico could become the next hurricane to wreak havoc on Gulf Coast oil facilities. Per a report by Argus, the system…
The largest deepwater crude oil terminal in the United States has reopened in full after Hurricane Ida struck force a closure, a spokesperson said on Friday, according to Reuters. The…
Two of Libya’s key oil export terminals have resumed loading crude on tankers, after protests had stopped operations earlier this week. The Es Sider and Ras Lanuf oil terminals resumed…
Depleted natural gas inventories and low wind speeds have led to a surge in electricity prices across Europe, putting pressure on governments as consumers protest against surging power bills ahead…
Venezuela-based private equity firm Sucre Energy Group expects reforms aimed at attracting foreign investment to Venezuela’s capital-starved oil and gas industry to make the local energy market work for companies…
Gazprom completed early on Friday construction of the Nord Stream 2 pipeline, the Russian gas giant said today, although gas flows on the controversial Russia-led pipeline cannot begin until Germany…
A fact sheet released by the Democrats on the Energy and Commerce Committee on Thursday included a plan to pay electric utilities to generate more power from clean sources. But…
Democrats will have nominated the majority of the five-member independent Federal Energy Regulatory Commission (FERC) if President Joe Biden’s nomination is confirmed by the Senate. President Biden announced on…
ExxonMobil has made another oil discovery on the Stabroek Block offshore Guyana, its 20th significant crude discovery on the block, the U.S. supermajor and its partner on the block, Hess…
Almost 60 percent of global crude oil and fossil methane gas reserves, plus 90 percent of coal reserves, should be kept in the ground if the world has a chance…
New York State will ban the sale of new fossil fuel-powered cars and trucks by 2035, after Governor Kathy Hochul signed legislation to set a goal that all passenger…
High natural gas prices and low wind speeds have created a perfect storm for the day-ahead power prices in the UK, which hit a new record on Wednesday, beating…
The United States is set to import more Russian oil this month and next, sources familiar with the matter told Bloomberg, as American supply of medium sour crudes is…
Oil and gas companies need to start planning for production cuts of 50 percent and more by the 2030s. That is, if they want to become aligned with Paris Agreement…
The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 2.882 million barrels for the week ending September 3, bringing the total 2021 crude draw…
The Energy Information Administration has estimated that U.S. crude oil production isn’t going to see much of a rebound for the rest of the year, according to the latest Short…
The relative stability of Libya’s crude oil production and exports from recent months could abruptly end after protests erupted at several key crude terminals, including one that prevented a tanker…
The largest U.S. natural gas producers and associations are calling on U.S. Senate committees to reconsider a proposed tax on methane in an upcoming budget bill, arguing that direct…