Companies are exaggerating their use…
Oil prices have been rangebound…
The US electric vehicle market…
Libya’s Prime Minister has revoked a decision by the oil ministry to remove the chairman of the National Oil Corporation, Mustafa Sanalla, from his post. The Libyan oil ministry
The UK energy industry is facing a wave of bankruptcies amid a gas supply crunch that has sent electricity prices soaring, leaving suppliers vulnerable. Since the start of the year,…
China’s natural gas consumption is growing faster than any other country in the Asia-Pacific (APAC), a Russian gas CEO said on Friday, according to TASS. Gazprom’s CEO Alexey Miller…
More than 40 members of the European Parliament from all political groups are urging the European Commission to launch an investigation into Russian gas giant Gazprom over alleged market manipulation…
Two industrial sites that produce a combined 40 percent of the UK’s fertiliser have been forced to halt operations due to recent record gas prices. The…
U.S. inventories of crude oil and the most used refined oil products have now fallen to below the 2018 levels, energy research service HFI Research has pointed out. U.S.…
Several progressive House Democrats introduced this week a bill seeking to mandate the Fed to ban banks from funding all fossil fuel projects after 2030, and require the systemically…
The Biden administration is looking into prices at the pump and why they are higher than they are supposed to be. “There’s lots of evidence that gas prices should be…
Crude oil production in the United States had fallen sharply over the last two weeks in the wake of Hurricane Ida, but production for the next reporting period…
Crude export operations have returned to normal at two major Libyan oil ports after days of protests and sit-ins that had disrupted loadings, the National Oil Corporation (NOC) said…
Geo-analytics company Kayrros has recently detected by satellite methane plumes near natural gas producing fields in Turkmenistan in central Asia and associated pipelines shipping gas to China and Russia, Bloomberg…
In a unanimous vote, Los Angeles County backed a ban on oil and gas drilling, which means some 1,600 active and inactive wells would be shut down, the AP
The largest bank in Africa by market capitalization, FirstRand Limited, will no longer finance new coal-fired power plants, the lender said on Wednesday in its updated energy and fossil…
Spain's Socialist-led government announced temporary tax cuts on power prices in an attempt to drive down household electricity costs, which have surged this summer and triggered outrage among…
Tullow Oil today swung back into profit for the first half of the year and upped its production targets as it looked to get back on a surer…
Two more energy suppliers have gone bust, leaving 500,000 customers needing a new provider, amid record prices for electricity and gas. Both Utility Point and People’s…
A group of bipartisan lawmakers is seeking to undo U.S. President Joe Biden’s decision to waive sanctions on the Russian-owned operator of the Nord Stream 2 pipeline in…
Refinery runs in China fell to the lowest in 15 months in August on the back of a sizeable cut in fuel export quotas and the latest wave of Covid-19,…
Fears surrounding a lack of supply are now trumping the fears surrounding a lack of demand as the industry seeks a delicate balance between the two The oil market sentiment…
The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 5.437 million barrels for the week ending September 10. It exceeded the analyst expectations who…