The UK and UAE are…
OPEC has repeatedly argued that…
Oil prices are set to…
The OPEC+ group of producers complied at 103 percent with the oil output cuts in January, higher than the estimated compliance in December, Argus reports, citing three delegates from…
The United States carried out airstrikes against facilities that, according to the Pentagon, belong to Iran-backed militia in Syria, Reuters reported, noting these were limited in scope. “At President…
Renewable energy ally and fossil fuel foe Jennifer Granholm was confirmed by the U.S. Senate on Thursday to lead the Department of Energy by a 64/35 vote. The former Governor…
Indian police found on Thursday a car with explosives near the home of Mukesh Ambani, India’s richest man and chairman of Indian oil-to-telecoms conglomerate Reliance Industries. Reliance Industries is…
Tesla (NASDAQ:TSLA) is temporarily halting the Model 3 production line at its key factory in Fremont, California, for two weeks, a source with knowledge of the matter…
SPACs have continued their hot run this year as the preferred way to bring companies to the public market. 144 SPACs have gone public so far this year, or an
Nuclear power generation is necessary for the world to have cleaner energy solutions, although nuclear has yet to convince naysayers who generally associate it with Chernobyl or nuclear weapons, according…
In early trade on Wednesday, the copper price for delivery in March was up 1.53%…
The chief executives of the biggest airlines in the United States are set to meet virtually with the White House National Climate Adviser and an economic adviser to the President…
OPEC+ will discuss the possibility of increasing its oil production levels at the next meeting, OPEC+ sources told Reuters on Wednesday. The group is set to…
Investors are still getting to grips with the net-zero and green shift strategies of the major oil companies, BP’s chief executive Bernard Looney said during a virtual conference on Wednesday,…
Spanish utility giant Iberdrola plans to invest US$182 billion (150 billion euro) to triple its renewable capacity by 2030, one of the biggest developers of renewable energy in Europe
ExxonMobil will sell most of its non-operated assets in the UK’s central and northern North Sea to private equity fund HitecVision for more than $1 billion, the U.S. supermajor
Venezuela and Iran, both sanctioned by the United States, have found a way to help each other as shipping companies stay away from dealings with the two oil-producing countries for…
Electric-car maker Fisker entered into a memorandum of understanding with Foxconn Technology Group, the world's biggest electronics manufacturer, to build electric vehicles as soon as the fourth quarter of 2023. It…
SpaceX will transform disused oil rigs into floating launch sites for its Starship craft expected to transport crew and cargo on missions to the Moon, Mars, and beyond, Elon Musk…
Crude oil exports from Canada to the United States are increasingly being shipped by rail due to the now chronic shortage of pipeline capacity that is only going to become…
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 1.026 million barrels for the week ending February 19. Analysts had predicted an inventory draw…
Iran said on Tuesday that South Korea had started to release the first US$1 billion of the US$7 billion Iranian oil funds blocked in Korean banks because of the U.S.…
“[With] the Balkan Stream project, Bulgaria will become a regional strategic gas distribution centre and will guarantee the diversification of gas supply” — Boyko