Charles is a writer for Oilprice.com
German Economy Minister Robert Habeck says the government is preparing to take control of the country’s PCK refinery, operated by Russian state-owned Rosneft, as it…
In response to Russia’s move to cut off gas to Poland and Bulgaria, the Biden administration has authorized more LNG shipments from two U.S. plants…
French TotalEnergies will include a $4.1-million impairment on its balance sheet over Russia sanctions that have led to difficulties with its massive Arctic LNG2 project,…
Government sources have told Reuters that Italy may temporarily nationalize the ISAB refinery owned by Lukoil, Russia’s second-largest oil producer whose CEO resigned after being…
German activists have allegedly succeeded in halting the flow of crude oil through pipelines at five separate locations in protest against the country’s foot-dragging on…
Igor Volobuev, vice president of state-owned Gazprombank, has confirmed that he has fled Russia and will fight with the Ukrainians against Kremlin forces after two…
Germany has already cut Russian oil imports by over 20%, with officials now spreading optimism that it could be only a matter of days before…
Poland announced on Tuesday that it was preparing to impose sanctions on 50 Russian oligarchs and companies, as Polish media report that Russia has stopped…
The Biden administration has blocked the expansion of oil and gas drilling in the National Petroleum Reserve in Alaska, effectively limiting land available for drilling…
Democratic Senator Joe Manchin is exploring a new energy and climate legislative package that would win the support of Republican senators as a way of…
Moody’s Investor Service has upgraded its outlook for the global energy industry from “neutral” to “positive”, forecasting “record profit and free cash flow” for exploration…
Gasoline prices in the United States climbed higher Monday, despite crude oil’s brief retreat under $100 per barrel as bearish sentiments emerged over China’s intensifying…
Abu Dhabi crude is preparing to make its way to Europe for the first time in two years as the European Union seeks replacements for…
Oil prices have fallen to a two-week low, dipping below $100 on fears of the further demand consequences of a COVID-19 lockdown in China that…
An oil depot in Russia near the border with Ukraine caught fire early on Monday, and another site, a military one, was also on fire,…
The Department of Energy has awarded contracts for a total of 30 million barrels of crude oil to be released from the strategic petroleum reserve…
The U.S. West Coast is expected to import 120,000 barrels per day of gasoline and blending components for the remainder of this month, up from…
The Indian states of Punjab, Uttar Pradesh and Andhra Pradesh have been forced into blackouts as of Thursday as power supplies are cut off due…
Prices at the pump directly correlate with presidential approval ratings, the chief executive of FedEx told Fox News this week, citing a conversation he had…
In Germany’s most definitive statement yet regarding Russian oil and gas imports, the German Foreign Minister has pledged that the country will cease importing Russian…