Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
Russia's revenue from oil and gas sales may increase by around 60% in July from May receipts to 844 billion roubles ($9.3 billion), Reuters has reported.…
Gas Markets Remain Bearish As Inventories Rise At A Record Clip A couple of weeks ago, the International Energy Agency (IEA) warned that natural gas prices may…
Indian multinational conglomerate Tata Group will build a massive facility for the production of electric car batteries in the United Kingdom, the Wall Street Journal…
China is importing oil at near-record levels while its domestic product has also increased. China’s oil imports in June jumped 45.3 percent on the year…
Over the past decade, natural gas has been touted as the perfect ‘bridge fuel’ as the world transitions to low-carbon fuels. That appears pretty straightforward…
The Big 3 oilfield services (OFS) companies Baker Hughes (NASDAQ:BKR), Halliburton (NYSE:HAL) and Schlumberger (NYSE:SLB) are set to post a combined second-quarter adjusted profit of…
Qatar’s national oil company, QatarEnergy, recorded a 58% jump in net income in 2022 to reach a record 154.6 billion riyals ($42.4 billion) amid the…
Electric vehicle skeptics have frequently argued that the manufacturing and disposal of battery-electric vehicles like Teslas as well as reliance on coal to generate the electricity that…
The Baltic states of Estonia and Lithuania have set a target to decouple from the Russian power grid in early 2025, ending three decades of…
After months of decline following falling crude prices, gasoline and diesel prices have started rising thanks to soaring crude prices. National average gas prices in…
European oil and gas supermajors BP Plc (NYSE:BP) and TotalEnergies (NYSE:TTE) have won all of the capacity on offer in Germany’s 7GW offshore wind auction, the country’s biggest in history. BP…
Back in March, the Biden administration issued the green light for ConocoPhillips’ (NYSE:COP) long-disputed $8 billion Willow project in Alaska, much to the consternation and chagrin of environmentalists. ConocoPhillips…
Kremlin-controlled gas giant Gazprom has maintained gas flows to Europe via Sokhranovka point despite an ongoing transit dispute with Ukraine’s Naftogaz. Ukrainian transit flows have remained stable at…
For decades, natural gas has been Europe’s primary source of electricity, meaning natural gas prices have largely determined electricity producer prices. However, following Russia’s invasion…
Giant E&P company Exxon Mobil (NYSE:XOM) has agreed to acquire the developer of carbon capture, utilization and storage (CCUS) solutions, Denbury Inc. (NYSE:DEN) in an…
Last year, oil prices hit multi-decade highs shortly after Russia invaded Ukraine, prompting the Biden administration to urge U.S. producers and OPEC to ramp up…
Ecuador's fuel import costs have surpassed crude and fuel oil export income for the first time in more than 50 years, energy minister Fernando Santos has revealed.…
Brent crude has climbed above $80 a barrel for the first time since early May, a sign that supply is gradually tightening and demand growing. The oil…
A secretive Indian company that rose to infamy for its role in shipping Russian oil has disappeared suddenly and mysteriously, Bloomberg has reported. Mumbai-based Gatik Ship…
The United Arab Emirates has announced that it will not join Saudi Arabia in making voluntary oil production cuts, claiming that the cuts by the Saudis are…