A continuously fading war risk…
The United States pledges an…
Xi Jinping's visit to Europe…
The world’s largest independent oil trading house, Vitol Group, has formed a $250-million partnership with Chinese electric vehicle maker BYD to provide EV fleet mobility services in select markets worldwide,…
The United Nations agency, the World Health Organization (WHO), issued on Wednesday its first update on air quality guidelines in 15 years, lowering the recommended limits of emissions, including…
Green and Avro have announced they are leaving the energy market and will cease trading. The announcement from Green came just one day after it was…
Reports in the media that natural gas prices in the U.K. have more than quadrupled over the last year to highs of 180p per therm from around 40p…
Iran is drafting plans to attract as much $145 billion domestic and foreign investments in its oil industry over the next eight years, Iranian Oil Minister Javad Owji said on…
Update: Green Energy, a small-sized, and Avro, a medium-sized energy retailer just declared bankruptcy, leaving 1.5 million households scrambling for a new provider. More UK energy suppliers are…
China will stop building new coal power plants abroad, President Xi Jinping said at this week’s virtual UN meeting. “China will step up support for other developing countries in developing…
The OPEC+ group lifted its production in August, but underinvestment and maintenance work has hampered the group's ability to raise production—and supply could be insufficient to meet the world's growing…
Following the re-election of the Liberals in Canada, the oil industry has asked the federal government to support domestic oil and gas production to ensure energy to the country…
The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 6.108 million barrels for the week ending September 17. It exceeded the analyst expectations who…
Russia sees raising its oil production to an average of 11.24 million barrels per day (bpd) in 2022, which would be an 8-percent increase from 2021 as OPEC+ eases the…
Global copper mine production picked up by 4.9% during the first half of the year, the International Copper Study Group said this week.…
India’s oil imports surged by 23 percent month-on-month to reach a four-month high of 4.2 million barrels per day (bpd) in August, amid refiners preparing to ramp up crude throughputs…
The OPEC+ group of producers raised their compliance with the ongoing collective production cuts to 116 percent in August, up from 109 percent compliance in July, sources from the alliance…
An offshore platform operated by Shell will remain shuttered until the end of the year following damage sustained from Hurricane Ida, the Anglo-Dutch major has said. The platform had…
BP and Shell will have a lower profile than they have hoped for at the UN Climate Change Conference of the Parties (COP) in Glasgow in November because the oil…
Saudi Arabia saw its crude oil exports to China surge by 53 percent annually in August, keeping its status of top supplier to the world’s largest oil importer for a…
As the cat-and-mouse game continues over Russian gas to Europe, Russian Gazprom has refused to allow more gas into Europe via Ukraine for October, sending prices soaring another…
While General Motors is in the midst of EV hell, dealing with a massive recall for its Chevy Bolt and shuttering production as a result of the ongoing semi shortage,…
BP is still losing money from its renewable energy ventures, while it is selling stakes in oil and gas developments. The UK-based supermajor’s current pace of moving into clean energy…