The US government is expected…
The Japanese Yen experienced a…
ExxonMobil continues to expect that…
The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 3.500 million barrels for the week ending February 5. Analysts had predicted an inventory build…
Saudi Arabia has recently overhauled the role of its central bank, for the first time ever, in a move that could mark an acceleration of Crown Prince Mohammed bin Salman’s…
Germany’s gas storage levels are lower than typical for the beginning of February in full winter season, and the main reason for this is reduced natural gas pipeline flows…
Tesla China, which is set to design a new compact $25,000 Tesla in Shanghai, will eventually sell the model worldwide, Teslarati reported on Tuesday, citing a recent interview of…
State-owned oil companies are on course to invest $400 billion in oil and gas projects that could only break even if the world exceeds the Paris Agreement targets, a think…
French supermajor Total reported a net loss of $7.2 billion for 2020, down from a profit of $11.27 billion for 2019, and said it will change its name to…
Amazon (NASDAQ: AMZN) has reached a deal for its largest renewable energy project yet—one that will allow it to purchase 380 MW of wind energy. Hollandse Kust Noord—a wind farm…
In December 2020, reports emerged that Tesla would send delegations to Indonesia…
A tanker had to leave Libya’s Hariga export terminal without oil after members of the Petroleum Facilities Guard stopped the vessel from loading crude amid an ongoing strike over delayed…
Egypt’s state oil and gas companies are set to launch the country’s new oil and gas exploration bid round by the end of this month, the petroleum minister said a…
Iran has denied any knowledge of an oil tanker that the United States has targeted for seizure because it was used to export crude from Iran despite U.S. sanctions, Bloomberg…
Venezuela has jailed for five years two former managers at its state oil firm PDVSA for providing sensitive data about Venezuelan oil operations to the United States, Venezuela’s attorney general…
Even as Baker Hughes reported a rise in the number of active drilling rigs in the United States on Friday, oil prices continued to see gains on…
France’s oil and gas supermajor Total is buying four large-scale solar power projects plus battery storage assets in Texas, with which it plans to meet the electricity demand of…
Persistent issues with theft and sabotage in the Niger Delta could prompt Shell to take a hard look at its operations onshore Nigeria, the supermajor’s chief executive Ben van Beurden…
Lucid Air, a luxury electric sedan, is set to hit markets this spring, with a price tag of $169,000 in what some see as a direct challenge to the…
Chinese state oil and gas company CNOOC will boost its capital spending this year to the highest in seven years, thanks to a 5-percent increase in domestic output. Reuters
Alberta, Canada’s oil heartland, may seek compensation from the United States after newly inaugurated President Joe Biden moved to nix the Keystone XL Pipeline, Bloomberg said on Thursday. Alberta…
Norway’s oil fund, as the world’s biggest sovereign wealth fund is commonly known, will expand its scrutiny for possible corruption at national oil companies under strengthened guidelines from the fund’s…
Denmark will build an artificial island in the North Sea, which will serve as a wind energy hub eventually capable of meeting the electricity consumption of 10 million European households…