Iran's potential retaliatory measures following…
The rapid growth of renewable…
The Texas energy grid is…
The UK’s National Grid said on Monday that proposed new rules of energy company investments in the networks reduce the reliability and resilience of the electricity supply in the…
A new export tax rule in Russia could cost domestic exporters of fuel oil as much as US$1 billion in missed sales every year, Reuters has estimated. Russia…
Russia complied nearly 100 percent with its share of oil production cuts in August as per the OPEC+ deal, Russian Energy Minister Alexander Novak said on Monday. Independent assessments…
Fossil fuels are out. At least according to the younger generations. Neither millennials nor their up-and-coming counterparts, the zoomers, or Gen Z, are particularly interested in working in…
French supermajor Total is giving up operatorship of five exploration blocks offshore Brazil in an environmentally sensitive area for which it has failed to secure drilling permits numerous times. Total…
Libya's central and southern regions experienced a major power outage on Thursday, the state General Electricity Company of Libya (GECOL) said on Friday, while Libya's oil terminals remain blocked for…
Iraq plans to increase the processing capacity of its Qayara refinery in the northern part of the country to 90,000 bpd, Argus Media reported. Currently, the capacity of the…
Supermajor Total continues to invest in clean energy by creating a joint venture with automaker Groupe PSA to manufacture batteries for electric vehicles in Europe—a project expected to mobilize investment…
Global oil demand is expected to decline by 9 million bpd-10 million bpd this year, Russia's Energy Minister Alexander Novak said on Friday. The estimate is more pessimistic…
There will be no new exploration and production contracts on the table for private or foreign companies in Mexico under a government plan set to be made public soon. “We…
The UK will review its current licensing policy for oil and gas exploration in the North Sea to have it aligned to the country’s ambition to achieve net-zero emissions by…
Aramco’s staff, who have been working from home during the worst of the pandemic, have started returning to offices and work sites, Bloomberg reports, adding some 75 percent of…
Mexico will likely cut its crude oil production targets for next year, according to Bloomberg, citing a ruling party lawmaker in Mexico. The shift in strategy signals that Mexico’s state-run…
The United States has added more entities to its sanctions list for actions that it said violated current sanctions on Iran that seek to limit its oil trade, according to…
The U.S. fuel economy standards, one of the longest-running energy regulations in the United States, have led to big savings for consumers and helped cut greenhouse gas emissions and America’s…
Geospatial technology company Carlson Software and Ghost Robotics announced that they have…
Russia’s largest oil producer, state-controlled Rosneft, said on Thursday in response to a media report that it does not ship petroleum products to North Korea and does not do…
One person was injured and another went missing after an oil tanker carrying crude oil from Kuwait to India caught fire east of Sri Lanka, the Sri Lanka Navy
Liberty Oilfield Services (NYSE:LBRT) aims to become the largest provider of hydraulic fracturing services, replacing Halliburton (NYSE:HAL) at the top, the company’s chief executive told Bloomberg in an…
China’s largest state-held oil firms have recently announced plans to reduce emissions, with the biggest oil and gas producer PetroChina even pledging net-zero greenhouse gas emissions by 2050, the first…