Experts predict the 4th Halving…
Researchers have found that incorporating…
Governments and businesses are exploring…
The Nord Stream 2 natural gas pipeline from Russia to Germany is set to be completed within days and come on stream, Russia’s Foreign Minister Sergey Lavrov said on…
Hurricane Ida has led to the largest-ever initial loss of crude oil production in the U.S. Gulf of Mexico from a hurricane in the ten days since the first platforms…
Gazprom Neft, the oil arm of Russian gas giant Gazprom, is starting to settle payments for the jet fuel it supplies in China in yuan, instead of in U.S. dollars,…
ADNOC Drilling, the unit of Abu Dhabi National Oil Company (ADNOC), intends to list at least 7.5 percent of its shares in an initial public offering that could become of…
TotalEnergies has inked a deal with the Iraqi government to invest $27 billion in the country's energy industry over 15 years, the Wall Street Journal has reported, citing unnamed…
A split pipeline in the Gulf of Mexico is what has caused an oil spill after Hurricane Ida, the Associated Press has reported, citing divers at the site. According…
Nigeria has failed to adequately implement and deliver thousands of projects—funded with $14 billion—to help the social, economic, and infrastructure development of the oil-rich but impoverished Niger Delta region, Nigeria’s…
Citgo is shutting down for four days parts of its refinery in Corpus Christi, Texas, due to a shortage of oxygen, which is needed at hospitals as COVID cases surge.…
The UK could announce next month billions of U.S. dollars of additional spending on supporting its net-zero targets as part of a broad budget of $83 billion (£60 billion), Goldman…
The world's largest sovereign wealth fund, Norway's $1.4 trillion Government Pension Fund Global (GPFG), is excluding India state firm Oil and Natural Gas Corporation Limited (ONGC) from its portfolio…
Papua New Guinea has granted a license to a state-owned company to develop a gas field, preferring to keep control and income from the resources within the government rather than…
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…