According to Goldman Sachs, the…
U.S. oil refiners are expected…
Crude oil prices ticked higher…
China’s copper, diesel, and alumina exports soared in June compared to the same month of 2023, with copper exports surging to a record high as sluggish domestic demand amid weaker-than-expected…
Russia and China are discussing the possibility of Russia increasing its electricity exports to China, but taking into account the growing power demand in Russia’s Far East, the Russian Energy…
Ransomware attacks on oil and gas companies and utilities have not subsided over the past year despite an overall decline in the number of such attacks globally, cybersecurity firm Sophos…
As many as 47 new wildfires were reported in Alberta over the past 24 hours, as extreme heat and dry weather are currently fanning about 150 wildfires in Canada’s…
WTI crude oil prices could surge to $100 per barrel in the coming year as there are diminished incentives for producers to boost production, according to a note from JP…
California has just become the first U.S. state to launch a hydrogen hub after the Department of Energy officially awarded federal funding to support clean hydrogen projects in California as…
U.S. benchmark West Texas Intermediate (WTI) is up over 2.9%, with Brent up only half that on the day, after the EIA reported a larger-than-expected draw on U.S. crude stockpiles…
The United States Office of Foreign Assets Control (OFAC) has eased some sanctions on Venezuela but retained sanctions on PdVSA. OFAC has issued a new license allowing certain transactions related…
The United Arab Emirates is considering building a second nuclear power plant to meet surging electricity demand, a government official has told Reuters. Home to 10 million people, the…
Thai billionaire entrepreneur Sarath Ratanavadi plans to merge his energy and telecoms companies in a new firm, which will be worth around $20.5 billion. Ratanavadi, with a net…
Despite the fact that EU pipeline crude imports from Russia are not banned by the embargo, Russia is not delivering crude oil to Hungary at present after Ukraine imposed stricter…
Greece plans to tax its natural gas-fired power producers with a one-off windfall tax in August and September to raise funds to subsidize electricity bills as wholesale power prices spiked…
Investments in fusion energy efforts globally increased for yet another year, but the growth was slower than in the previous two years as many companies in the industry expect funding…
Donald Trump has pledged to ramp up U.S. domestic oil production and undo some regulations to make that happen, the Republican presidential candidate told Bloomberg Businessweek in an exclusive…
The European Union member states are split on the provisional EU tariffs on imports of Chinese electric vehicles, as many governments seek to avoid a trade war with China and…
North Dakota’s crude oil production declined by about 50,000 barrels per day (bpd) in May compared to April, marking the lowest monthly output in the state since the freeze in…
Oil prices continued to be weighed down in Asian trade on Wednesday by growing concerns about China’s economic growth and oil demand which were offsetting an estimated drop in U.S.…
Crude oil inventories in the United States fell sharply this week by 4.44 million barrels for the week ending July 12, according to The American Petroleum Institute (API). For the…
TC Energy's bid for a $15 billion payout over the canceled Keystone XL pipeline project has hit a wall. A trade tribunal has dismissed the company's claim, marking a significant…
Russia will implement additional crude oil production cuts during the warmer seasons to compensate for exceeding its OPEC+ quota in months past, according to sources familiar with the matter who…