A new mass synthesis process…
Israeli authorities claimed to have…
The UK and UAE are…
A Delaware court on Wednesday allowed Tesla shareholders to move forward with a lawsuit claiming that Elon Musk and Tesla’s board used their influence and reputation to dupe shareholders…
Just as a new government in Australia looks set to breathe fresh life into the coal industry, mining giant Rio Tinto has finalized its exit agreement from the controversial natural…
If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have been shattered as the Russian Finance Ministry announces that it…
Lukoil, Russia’s second-largest oil producer by output, now enjoys the highest market capitalization of any Russian energy company, after overtaking state-controlled giants Gazprom and Rosneft on Wednesday. At the…
U.S. energy exports rose to record levels last year, with both petroleum and natural gas posting record-highs as the shale boom and the second full year of no restrictions on…
The department of Energy has sold seven million barrels of crude oil from the Strategic Petroleum Reserve to at least five buyers at prices of WTI plus US$1.50 to…
OPEC is looking to forge a “very long-term” cooperation with non-OPEC producers, the cartel’s Secretary General Mohammad Barkindo said on Wednesday, lending further credence to the news that Saudi…
Shipments of Kirkuk crude oil to Iran under an oil swap deal will begin in two weeks, Alaa al-Yasiri, head of Iraq’s oil marketing company SOMO has said, adding…
Moody’s is downgrading Tesla’s corporate family rating to B3 from B2 and cutting its outlook on the company to Negative from Neutral in a blow made more severe by…
The American Petroleum Institute (API) has reported a major surprise build of 5.321 million barrels of U.S. crude oil inventories for the week ending March 23, with the market expected…
Germany approved on Tuesday the construction and operation of the Russia-led Nord Stream 2 gas pipeline in its territorial waters, thus issuing all necessary permits for the German section…
GM Korea is preparing to file for bankruptcy if the management fails to reach an agreement with the company’s local labor union over a restructuring program that has to…
Thousands of oil workers in Nigeria may lose their jobs after a wave of picketing against several service companies from the industry from members of the Petroleum and Natural…
The Canadian Department of Environment is charging Husky Energy with nine counts of environmental damage related to an oil spill that occurred in 2016, and the province of Saskatchewan…
Tesla is slowing down deliveries in one of its most important markets, Norway, because of logistics constraints, chief executive Elon Musk said over the weekend. “I have just asked our…
As its rivals enjoy strong gains in a burgeoning Chinese auto market, Ford Motor Co. is failing because it was late to this game. Ford’s sales in China, the world’s…
Iran could do a lot of different things to kind of skirt possible tighter sanctions on its oil sector, such as sending oil to different places, Michael Cohen, head of…
Mexico’s proven oil and gas reserves dropped again last year, after new certified discoveries—mostly by private foreign operators—were unable to keep pace with current production. According to data by…
Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North African country’s oil and gas industry. The government…
The Qatari Foundation for Education, Science, and Community Development has struck a partnership deal with Russia’s Rosneft to set up a research center focused on the energy industry. The announcement…