Anglo-American unveils a comprehensive plan…
The US electric vehicle market…
Increased offshore exploration for rare…
The UK’s capacity market auction for 2027-2028 – designed to pay power producers to provide additional capacity to the grid in times of high demand – cleared at a record-high…
Oman’s new refinery could begin processing heavier crude grades by the end of the year after feasibility studies are completed, the refinery’s chief executive David Bird told
Indian refiners are concerned that the latest U.S. sanctions against Russia could further impact their ability to import cheap Russian crude as freight rates are set to rise and dent…
Thanks to rising investments and accelerated permitting, the European Union may have a chance to reach its 2030 wind power installation targets if it further speeds up capacity build-outs, sector…
China and Europe will lead the increase in demand for liquefied natural gas this year, a senior executive from TotalEnergies has forecast. "LNG has continued to grow, with China being…
Glencore may acquire Shell’s oil operations in Singapore after several previous candidates for the assets changed their minds about competing for them. This is according to unnamed sources who spoke…
OPEC+’s voluntary production cuts that were set to expire at the end of the first quarter could be extended through the end of the year, three OPEC+ sources told Reuters…
Chilean energy company Empresa Nacional del Petroleo, or ENAP, has signed a deal with California-based Upwing Energy—a gas tech innovation service company—to deploy a Subsurface Compressor System to enhance recoverability…
Crude oil inventories in the United States rose this week, by 8.428 million barrels for the week ending February 23, according to The American Petroleum Institute (API). The API reported…
Shipping giant Maersk is warning that container shipping through the Red Sea could continue to cause disruptions into the second half of the year, with the company expecting shipping delays…
The value of global upstream mergers and acquisitions has already hit this quarter the highest first-quarter level since 2017, driven by frenzied consolidation in the U.S. shale patch, analysts have…
Canada’s oil and natural gas sector is set to boost upstream capital expenditures to around US$30 billion (C$40.6 billion) in 2024, up slightly from an estimated actual investment of US$28.8…
The European Commission proposed on Tuesday that EU member states continue taking voluntary measures to maintain a collective 15% gas demand reduction compared to the five-year average to March…
Withdrawal of government support, lower natural gas prices, and high interest rates led to the first annual drop in European sales of heat pumps in a decade, data from the…
Tennessee-based midstream energy master limited partnership Delek Logistics reported on Tuesday revenues and earnings per share for the fourth quarter that missed consensus estimates, due to higher interest expense and a…
Qatar could squeeze out rival LNG supply, including from the current top exporter, the United States, and could end up controlling 25% of the global LNG supply by 2030 after…
Russia will suspend gasoline exports for six months beginning in March to ensure supply for the domestic market in peak demand season. The information comes from an unnamed source close…
Exxon and Chevron are discussing a potential acquisition by Exxon of Hess Corp’s stake in the Exxon-led oil operations off the coast of Guyana. Exxon claims it has the right…
Woodside Energy expects demand for liquefied natural gas to increase by 50% over the next ten years driven by Asia, Bloomberg has reported, citing chief executive Meg O’Neill.…
U.S. benchmark WTI oil prices gained over 2% on Monday amid the ongoing Red Sea shipping threat and European diesel demand before retracing some of those gains as Wall Street…