Charles is a writer for Oilprice.com
Chinese authorities have ordered 72 coal mines in Inner Mongolia to boost production by almost 100 million tons amid an energy crunch that has seen…
As institutional investors shun oil and gas stocks because of the environmental, social, and corporate governance (ESG) trend and pressure to align portfolios to a…
A release of crude oil from the U.S. emergency reserve is one option the Department of Energy is considering in a bid to tame prices…
China is so desperate for coal amid a power crunch threatening its economic growth that it has released Australian coal that has been sitting in…
A quarter of the 150 top U.S. energy companies are highly susceptible to a ransomware attack, while a massive 77 percent of those have at…
Thanks to the oil price rally this year, Saudi Aramco has become the world's second most valuable company in market capitalization terms, worth some $2…
The current coal shortage in India, which has an average of just three days worth of coal in stockpiles, could last for up to six…
The natural gas crunch has increased global oil demand by 500,000 bpd, the chief executive of Saudi Aramco said at this week's Energy Intelligence Forum.…
Saudi Arabia’s oil revenues are flowing in at the highest rate in three years, Bloomberg reports, thanks to the strong price recovery since the start…
UK Prime Minister Boris Johnson is expected to announce this week that the government will target to have all the electricity generation in the country…
Saudi Arabia booked its highest-ever quarterly foreign direct investment (FDI) in the second quarter, thanks to a large oil pipeline infrastructure deal that state oil…
Russian President Vladimir Putin has ordered the government to decide whether it is viable to limit the spending of the Russian sovereign wealth fund in…
Benchmark natural gas prices in Europe set a new record today reaching $1,200 per 1,000 cu m, or over $100 per MWh. TASS reports that…
Billionaire Alex Beard, who retired as head of worldwide oil operations at commodities and mining giant Glencore two years ago, has set his sights on…
The UK is ousting China's CGN from the Sizewell C nuclear power plant project, the Financial Times reported, adding that the options for the 20-percent…
A day before the official start of the winter heating season, Europe’s natural gas and power prices surged again to fresh record highs on Thursday…
Chinese oil giant PetroChina expects to start pumping shale oil from a project in its major oilfield cluster in northeast China in 2025, company executives…
Enbridge has completed the Line 3 replacement project and set the in-service date for the oil pipeline for October 1, the Canadian pipeline giant said…
Amid tight power supplies and soaring coal prices, power outages in China have started to hit factories of various energy-intensive industries, sparking renewed fears about…
The global oil tanker industry will have to endure another year of low profits on the back of pandemic-related disruptions and production constraints, the chief…