Chinese FX outflows, often underreported…
Heat pumps are gaining popularity…
ExxonMobil continues to expect that…
In a sign of the depressed business sentiment that has accompanied the virus-related economic slowdown, UNCTAD, the UN’s trade body, predicted in June that global foreign direct investment…
China may have amassed a debt pile of as much as $42 billion in renewable energy subsides that have still gone unpaid to solar and wind power capacity developers, Bloomberg…
A U.S. Appeals Court ruled on Tuesday that the Dakota Access oil pipeline can continue to operate while the court considers whether the pipeline should be shut down as…
Methane leaks from oil and gas production are one of the culprits behind increased methane emissions over the decade from 2007 to 2017, two new studies cited by Reuters…
U.S. production of crude oil and natural gas saw in April the biggest monthly declines in years, similar to the sudden drops when natural disasters hit, the Energy Information Administration…
The American Petroleum Institute (API) estimated on Tuesday a huge draw in crude oil inventories of 8.322 million barrels for the week ending July 10. Analysts had predicted an inventory…
After Libya lifted and then declared again force majeure on all its oil exports in the span of just two days, the United States warned that parties in the…
Venezuela’s state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world’s largest oil reserves that is experiencing severe gasoline shortages,…
Italian major Eni plans to exit traditional refining activities within the next decade as it is focused on bio-refineries and accelerating its transition to low-carbon energy, chief executive Claudio Descalzi…
The value of Russian gold exports has exceeded the country’s proceeds from natural gas exports for the first time in Russia’s modern history, due to low demand and prices for…
The U.S. Army Corps of Engineers has filed a notice of appeal at an appeals court against a district court decision to shut down the Dakota Access pipeline, Reuters
Crude oil production has already peaked in the United States, according to a leading independent oil producer in the U.S. shale patch. Chief executive of Parsley Energy Matt Gallagher said…
The spot price of the U.S. natural gas benchmark Henry Hub hit record lows in the first half of 2020 due to mild winter early in the year and depressed demand…
The United States has been raising its imports of fuel oil from Russia over the past year and a half after the U.S. imposed sanctions on Venezuela’s exports, Reuters reported on…
The Sun is likely to produce lithium in the future, according to a new study by scientists at the National Astronomical Observatories of the Chinese Academy of Sciences.…
The oil price plunge and the production cuts after the coronavirus pandemic will hit oil exporters in the Middle East and North Africa (MENA) hard, with the combined oil income…
Every year around this time, we check in with raw materials for our popular commodities halftime report. This year, it wasn’t even a competition. Precious metals were the big winners…
The United States is pressing shippers, insurers, certification organizations, and flag states registering vessels not to work with Venezuela as the Trump Administration is looking to cut off Nicolas Maduro’s…
Iran is taking a step that would seem counterintuitive in an environment of subdued demand for oil and oil products: it is boosting its oil production capacity, Bloomberg reports, citing…
The record stockpile of natural gas in northwest Europe and Italy is eating into the regions’ thirst for Gazprom’s product, according to Reuters, and the Russian gas giant has lost…