Charles is a writer for Oilprice.com
One of the largest oilfield services providers, Baker Hughes (NYSE: BKR), reported on Wednesday adjusted net income and revenues for Q3 below analyst expectations as…
India's state-owned and private refiners are set to collaborate on their crude oil imports to secure better contract terms, Reuters has reported, noting that the…
President Joe Biden’s $3.5-trillion spending plan was thrown into doubt after Joe Manchin, a Democratic Senator of West Virginia, opposed the clean electricity part of…
The Biden administration is not giving up on its attempts to convince OPEC that it needs to pump more oil as retail fuel prices remain…
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), unveiled this weekend its latest project to attract tourists to the country by offering “epic…
Portfolio managers reduced their bullish bets on oil in the latest reporting week as they moved to take profits amid prices hitting multi-year highs. In…
The city of North Vancouver could become the first city in the world to use bitcoin mining for heating. City-owned Lonsdale Energy Corporation said this…
Coal met some 3 percent of the UK’s electricity demand on Friday morning, reaching its highest level of Britain’s power generation in one month, amid…
A group of House Republicans has in a letter to President Biden slammed him for what they have called "anti-American energy policies", including the president's…
Israel cannot come to the rescue of Europe’s gas and energy supply crunch as it is unlikely to raise the level of its natural gas…
Decades from now, oil and gas will continue to account for the majority of global energy consumption, Russian Deputy Prime Minister Alexander Novak said on…
OPEC member Algeria plans to reduce subsidies for electricity and domestic gas next year in order to cut government spending and strengthen its economy. The…
The U.S. Interior Department plans to hold up to seven lease sales for offshore wind as part of efforts to boost the country’s wind power…
Crude oil imports into China fell by 6.8 percent over the first nine months of the year, to 387 million tons, according to customs data…
Pakistan is looking to buy liquefied natural gas (LNG) for the winter, but it couldn’t find any sellers in a recent tender, which highlights the…
Russian equities and its currency are winning the race for attracting investors in emerging markets after the Evergrande debacle in China, as soaring energy prices…
California’s Governor Gavin Newsom signed in the weekend legislation that would ban from 2024 the sale of new gasoline-powered landscape equipment with small off-road engines…
The electric grid of Lebanon collapsed this Saturday after two state-owned power plants ran out of fuel. The outage lasted 24 hours but its underlying…
The European Commission, the EU’s executive branch, is considering joint purchases of gas supplies in order to avert another natural gas crisis, Bloomberg reported on…
Nigeria, the largest oil producer and exporter in Africa, hopes that its newly adopted petroleum industry law will help it hike its oil production by…