The Biden administration plans to…
Chinese carmakers were planning to…
Lawrence Berkeley National Laboratory scientists…
The coronavirus pandemic and the oil price crash that began with the Saudi oil price war on Russia and then deepened amid the pandemic, has crippled South Sudan’s plans to…
Morgan Stanley has become the first U.S. bank to start measuring the emissions generated by the businesses it lends to and invests in, the bank said in a press…
The rally in the gold price regained momentum on Monday as investors continue to pile into hard assets amid a flood of easy money on financial markets in the developed…
Following to the oil price crash and the coronavirus crisis, the Arab Gulf countries are set to accumulate as much as US$490 billion in combined government deficits between 2020 and…
The U.S. sanctions on Iran’s oil and other industries are scaring foreign firms which are unwilling to sign any deals in any sector with Iran and are even rescinding existing…
Iran signed on Monday a US$1.3-billion deal with domestic companies to double the production capacity at the massive Azadegan oilfield, expecting the rise in production to boost its oil…
Violent clashes erupted over the weekend between two armed groups in the Brega region, in Libya’s Oil Crescent, the Libyan National Oil Corporation said in a statement. “Violent Clashes took…
The current energy market crisis could benefit Qatar and fuel a second gas boom, PwC said in a report, as cited by the Gulf Times. The world’s top exporter…
Shell believes that the UK government could bring forward its timeline to ban the sale of new gasoline and diesel vehicles as early as in 2030, with the “the right…
Ongoing development of new liquefied natural gas (LNG) projects in Russia will allow it to seize a 15-percent share of the global LNG market, Russian Energy Minister Alexander Novak wrote…
U.S. regulators have approved a request from Kinder Morgan to authorize the start of the seventh train of the Elba Island liquefied natural gas (LNG) export plant in Georgia, Reuters…
India may store some of its crude oil in the United States, the Hindustan Times reports, citing unnamed sources in the know. “The proposal to store oil in the…
French supermajor Total has secured as much as $16 billion in funding for its LNG project in Mozambique despite the supply glut and demand decline in the LNG…
Global oil demand will recover significantly next month, climbing to be within 10% of the level that the world saw prior to the coronavirus pandemic, Russia Energy Minister Alexander…
The global economy and oil demand are most likely not headed for a V-shaped recovery as the pandemic will have a knock on energy demand for years, Shell’s chief executive…
Amid a slump in car sales of any kind during the lockdown, Tesla’s registrations in California plunged by 48 percent year on year to 9,774 vehicles in the second quarter…
Oil production has been in steady decline for much of the past two decades in Indonesia, but the state aims to reverse this trend and achieve…
Due to the price and demand crash in the second quarter, Canada’s oil production slumped to 4.4 million barrels per day (bpd) in May – the lowest output since the…
Some of the biggest oil companies in the world set their first joint target to cut their collective carbon emissions from upstream operations in a move that saw Saudi Aramco…
The United States has warned companies helping Russia to complete the Nord Stream 2 and the TurkStream 2 natural gas pipelines that they should ‘get out now’ or face consequences,…