After rallying on news that…
Saudi Arabia’s decision to cut…
The electric vehicle boom isn’t…
The UK is set to win a battle with Spain for the production of a multi-billion pound Jaguar Land Rover (JLR) electric vehicle battery plant, which could create…
UBS is forecasting stronger demand for gasoline year-on-year in the United States this summer, coupled with lower gas prices compared to the same period. The bank noted that consumer “resiliency”…
European Union member states should end financial support for energy bills by the end of 2023 in order to keep budget and fiscal targets within the recommended limits, the European…
Australia and India on Wednesday pledged to work closer to advance renewable energy, increase cooperation in the critical minerals sector, and study green hydrogen development during a visit of Indian…
South Africa, which is going through an energy crisis, is weighing the possibility of extending the operational lives of two of its largest coal-fueled power plants to boost energy security,…
Goldman Sachs continues to be bullish on crude oil and other major commodities, expecting a rally after the biggest-ever destocking in commodities that is currently underway. Should major economies, including…
Oil prices rose in Asian trade early on Wednesday, following estimates of a large U.S. inventory draw and a warning from the Saudi energy minister for short sellers. In…
The Olmeca refinery that the Lopez Obrador administration has touted as a major milestone in ensuring Mexico’s fuel security has been delayed once again. First scheduled to start operation in…
Crude oil inventories in the United fell this week by 6.70 million barrels, the American Petroleum Institute (API) data showed on Tuesday, with analysts expecting a 525,000 million barrel build.…
The Czech Republic made more progress in detangling itself from Russia in the matter of energy supplies. According to Prime Minister Petr Fiala, the country has signed a deal to…
Qatar has issued a warning to Europe about disruptions in the supply of natural gas as the energy transition policies of governments stifle the investments necessary for keeping…
Iraq is waiting for a final go-ahead from Turkey before resuming oil exports from the semi-autonomous Iraqi region of Kurdistan via a pipeline to the Turkish Mediterranean port of Ceyhan,…
French supermajor TotalEnergies and London-listed Africa Oil have decided to withdraw from an oil project in Kenya, leaving Tullow Oil the sole owner of the blocks and potentially further complicating…
Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman has warned traders, again, against shorting oil futures, less than two weeks before the OPEC+ panel on production policy meets on June…
Sustainable aviation fuel (SAF) can never achieve price parity with jet fuel to be able to compete with conventional fuels and help decarbonize the aviation sector, according to The Boeing…
China’s coal imports from Australia rose by 75% on the month in April as the country regains its taste for high-quality thermal coal, Bloomberg has reported, citing Chinese customs…
Shell has reduced the imports of crude oil for its refinery in Singapore as repair works at the facility have been extended to next month. According to a Reuters
China installed three times more solar capacity in the first four months this year than in the same period of last year, beating its own record. At this rate, the…
Oil prices were marginally higher on Monday’s trading session on rising belief that the U.S. will avoid a default. Front-month Nymex crude oil (CL1:COM) for
Oil production in Iraq’s semi-autonomous Kurdistan Regional Government (KRG)-ruled region has continued to drop, extending a stoppage that has lasted nearly two months. Export flows to Türkiye's Ceyhan port show…