Amid efforts to counter climate…
The total number of active…
We're entering a key period…
Russia will not run out of oil and gas anytime soon—its offshore Arctic resources alone could last for decades and even centuries, according to Russian Deputy Prime Minister Alexander Novak.…
Russia’s oil production this year is expected to be 1 percent lower compared to 2020, in view of the OPEC+ agreement, Energy Minister Nikolai Shulginov said on Thursday. Russian…
Crude oil prices have climbed back above $70 in afternoon trade, amid a sharp decline in U.S. crude stockpiles, a weaker dollar and rising optimism on economic recovery,…
The UK said on Thursday that it would help India’s green growth with a $1.2-billion package of public and private finance as it joined the Climate Finance Leadership Initiative…
Iran’s new Oil Minister, Javad Owji, met on Thursday with a top official from the China National Petroleum Corporation (CNPC) in Tehran to discuss cooperation and expansion of bilateral relations.…
Africa needs investments to the tune of $130 billion annually to become a net-zero continent by 2050, a report by Friends of the Earth has suggested. According to a…
The Mexican government is moving ahead with a comprehensive revamp of the country’s energy market aimed to virtually undo all the reforms implemented by the previous government and re-establish state-owned…
The Canadian Energy Centre, also referred to as Alberta’s energy “war room,” is seeking proposals for a new ad campaign aimed at building support for Canada’s oil industry in eastern…
Oil-producing countries need international support to diversify and lessen their dependence on oil revenues if the world has any hope of reaching net-zero emissions, Iraq’s finance minister and the head…
China’s electric vehicle maker NIO revised down on Wednesday its guidance for vehicle production this quarter, citing uncertainty over semiconductor supply and becoming the latest automaker to suffer supply…
While tourism airline travel is set to eventually return to pre-pandemic levels, business travel could become a permanent drag on air travel post COVID, delaying the full recovery of jet…
OPEC+ has decided to keep its production plans in place, according to OPEC. The previous—and current—plan is for the group to add 400,000 barrels per day in output for…
Aluminum prices on the London Metal Exchange hit a 10-year high Tuesday, extending a year-long vertical surge as demand rebounds and supply shrinks, as smelters in top producer China faced tougher…
Israel will no longer issue onshore oil exploration permits, Energy Minister Karine Elharrar said this week, vowing to focus on renewable energy sources. "Starting today, no more licenses will be…
The federal government said it would soon resume oil and gas leasing, opening up millions of acres of federal land for drilling, most of it in the Gulf of Mexico.…
The American Petroleum Institute (API) on Tuesday reported a large draw in crude oil inventories of 4.045 million barrels for the week ending August 27, bringing the total 2021 crude…
After 99 years, the world officially eliminated the use of leaded gasoline as gas stations in Algeria stopped offering leaded fuel, the UN Environment Programme (UNEP) said this week,…
The tension among Libya’s top oil officials escalated on Sunday when Oun said he had suspended the chairman of NOC, which is the most important revenue asset for OPEC’s African member…
It's the end of summer, and millions of Americans are about to pay the highest gas prices since 2014, thanks to Hurricane Ida's blow to the…
Excited at the prospect of gold at $10,000 and Bitcoin at $1,000,000 in short order? Here's one way it could happen. The collective brain trust that is Reps. Alexandria Ocasio-Cortez,…