Charles is a writer for Oilprice.com
Cheaper Russian crude compared to Middle Eastern alternatives has prompted Indian refiners to import more crude from Russia in September compared to a seven-month low…
The Biden administration will hold no offshore oil and gas lease sales next year and bring the total for the next five-year period to a…
Peak oil demand is coming to China; this message has been conveyed repeatedly by forecasters such as Wood Mackenzie and by China’s very own state…
China’s dominance in critical minerals mining and processing will make global energy security in the energy transition “infinitely more complex,” U.S. Secretary of Energy Jennifer…
China may not issue additional fuel export quotas this year, which could further raise global diesel prices amid tight supplies and a still unknown duration…
The Energy Information Administration (EIA) reduced on Thursday its forecast for U.S. hydropower generation by 6% this year compared to 2022, as much lower generation in the…
The German government is close to agreeing a deal to buy its biggest grid from TenneT in a deal estimated at around $21 billion (20…
There is a risk of blackouts in the UK in January when demand for electricity peaks and nuclear power plants enter scheduled maintenance. This is…
A Los Angeles judge this week refused to overturn a county’s decision prohibiting Exxon from using tanker trucks to move crude oil from offshore platforms…
Saudi Arabia has signed a deal with Greece for the establishment of a jointly-owned company to link up the two countries’ power grids with the…
Poland’s first nuclear power plant moved forward on Wednesday with the signing of a deal between the Polish government and a consortium of U.S. companies…
The airline industry would be ready to embrace the fact that sustainable aviation fuel (SAF) will always be more expensive than oil-based jet fuel, Willie…
The French government will significantly increase public spending on green energy projects while curbing the support to households to help them with the high energy…
The amount of crude oil in the Cushing, Oklahoma, hub has fallen to 22 million barrels, which is dangerously close to the minimum operating level,…
Argentina’s government has offered its oil industry a preferential foreign exchange rate a month ahead of the next presidential elections in a bid to get…
Oil traders have been gobbling up futures in the six most traded crude and fuel contracts on that market for four weeks now. It's easy…
Blue hydrogen, the one made by reforming natural gas using carbon capture, would be a more cost-effective solution for the EU compared to the so-called…
Due to port maintenance works, Russian crude oil exports by sea dipped by around 100,000 barrels per day (bpd) to 3 million bpd last week…
The world would not need any new long lead-time conventional oil and gas projects or coal mines approved after 2023 as the surge in clean…
Occidental Petroleum Corp. will not be increasing oil output, with its CEO saying that the recent surge in oil to above $90 per barrel is…