Future gas supplies continue to…
India and the U.S. fortify…
The giant Groningen gas field…
Russia’s oil export revenues jumped to $17.1 billion in August, up by $1.8 billion compared to July, as higher oil prices more than offset lower export volumes, the…
After seven years on the sidelines, oil trader Gunvor Group Ltd is back into the metals trading business as more commodity trading houses are betting on metals amid…
The European Commission is set to propose a European Wind Power package to help get the bloc’s flailing wind industry back on the track of growth to help…
Abu Dhabi National Oil Company (ADNOC) plans to expand its oil, fuels, and LNG trading business in Europe as it looks to boost its global presence in the…
UK supermajor BP expects to invest up to $10.75 billion (10 billion euros) in low-carbon energy solutions in Germany by 2030 as it looks to accelerate EV charging…
The Governor of Georgia has ordered the suspension of state taxes on gasoline and diesel as part of measures to relieve economic pain caused by soaring inflation. The suspension will…
Venezuela’s state oil major PDVSA has valued its U.S.-based downstream subsidiary Citgo at between $32 and $40 billion, Reuters has reported, citing a court hearing.…
The American Petroleum Institute (API) has reported a 1.174-million-barrel build in U.S. crude inventories, compared to the previous week's 5.521-million-barrel draw. Analysts were expecting an inventory draw of 2 million…
BP's Chief Executive Officer, Bernard Looney, is poised to step down after serving in the role for over three years, as reported by the Financial…
U.S.-based Chevron Corp. will soon be the majority owner of what will be the world’s largest hydrogen production and storage facility as it branches out past fossil fuels. Chevron New…
Crude oil is trading at levels not seen since last November, with Brent crude prices reaching $92 per barrel on Tuesday. Brent crude was trading at $92.30…
Construction works at Iran’s revived LNG project is almost 50% complete, the Islamic Republic claims. “Progress at this project now stands at almost 50pc,” Abdolhossein Bayat, chairman of oil…
Russia’s Sakhalin-2 project producing LNG and oil has returned to full operations after planned maintenance, Gazprom’s Deputy CEO Vitaly Markelov has told Russian news agency Interfax
OPEC’s crude oil production climbed to 27.45 million barrels per day in August, according to the group’s latest Monthly Oil Market Report (MOMR) published on Tuesday. A gain…
Amazon is joining the group of companies supporting direct air capture (DAC) technology by announcing it would buy carbon removal credits from 1PointFive, which is developing the world’s…
The European Parliament voted on Tuesday to endorse much higher binding renewable energy targets by 2030, but the bill will need approval from all EU…
International oil and gas majors, including UK-based Shell and Brazil’s Petrobras, have shown interest in expanding their participation in natural gas projects offshore Colombia, Ricardo Roa, the head…
“We have never consumed more oil in history than we have today,” Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners told Bloomberg in an interview, adding…
The Trans Mountain pipeline expansion could be set back by nine months unless regulators approve a proposed change of its route. The original route of the expanded pipeline…
At the G20 summit in India this weekend, the U.S., India, Saudi Arabia and the UEA announced a new trade route that intends to connect India to the…