Volkswagen's EV sales in Europe…
Oil prices have been climbing…
Gold has surged to a…
Saudi Arabia’s oil giant Aramco, which has an ambitious plan to grow its natural gas business, is in talks with many partners for a potential joint venture or partnership,…
Russian gas producer Novatek said on Thursday that it had signed agreements with two Chinese companies, under which the Asian firms will become shareholders in the…
Canada announced on Thursday that it is banning oil and gas drilling in federal marine protected areas, in a move to take action to protect the oceans. Until now,…
Massive blackouts in Venezuela in March and April have drastically reduced oil production at Chevron’s biggest oil joint venture in the country, Bloomberg reported on Thursday, citing data that…
The central Iraqi government will meet with its Kurdish counterparts soon to talk about oil exports from the now semi-autonomous region that tried to gain independence last year. Reuters
Tesla may soon announce a capital raise after Elon Musk suggested “There is some merit to raising capital,” adding “It’s probably…
The U.S. sanctions imposed last November on Iran have denied the country some US$10 billion in oil revenues so far, Washington’s Special Envoy for Iran Brian Hook told media.…
Poland has shut down the flow of Russian crude oil via the Druzhba pipeline after traces of contamination were found, Reuters reports. An earlier report that Germany had…
Nigerian firm Aiteo Oil Exploration and Production Company, has discovered that sabotage was the cause of the fire that caused Nigeria’s oil production to fall 8% per day, creating…
Disputed Venezuelan President Nicolas Maduro has publicly criticized the “theft” of its state-owned and US-based refining operations, Citgo, in a radio broadcast on Tuesday, adding that those responsible of this…
Per shareholder prodding, Equinor will review its existing climate targets through 2030, and will come up with new ones for 2030 and beyond, and will tie executive and employee…
Ford Motor Company is investing US$500 million in Rivian, an electric vehicle (EV) developer which is considered to be a potential future rival to Tesla. Ford, one of Detroit’s Big…
Cenovus Energy, the first major Canadian oil firm to report Q1 figures and one of the early proponents of a production curtailment in Alberta, said on Wednesday that the…
The future of Algeria’s energy industry just got a little more murky as the interim president of the country fired the chief executive of Sonatrach and replaced him with the…
The federal government of Canada will announce its final decision on the Trans Mountain pipeline expansion project in mid-June, Finance Minister Marc Garneau told media. Interestingly, the decision may be…
OPEC’s spare capacity has reached 3.3 million barrels per day, according to an International Energy Agency (IEA) statement on the global oil markets released on Tuesday. “As a result…
The American Petroleum Institute (API) reported a build in crude oil inventory of 6.86 million barrels for the week ending April 19, coming in over analyst expectations of a
Mock headstones for President Vladimir Putin are the latest signal that Russian citizens are unhappy with this year’s tax hikes, according to Meduza,, with Putin’s polling numbers taking…
Apache Corporation said on Tuesday that it had temporarily started to delay natural gas production at its Alpine High play in the Permian in late March to mitigate the…
Egypt is set to announce on April 27 whether President Abdel-Fattah el-Sisi can extend his term in office from 2022 to 2030 under constitutional changes put to a controversial…