Charles is a writer for Oilprice.com
Venezuela welcomed this week its first diesel cargo since November 2020, a fuel that the country sitting atop the world’s largest oil reserves has been…
Three Senators have proposed an amendment to tax credits to boost the competitiveness of nuclear power, Reuters reports, adding that the proposal is part of…
A clean energy tax credit bill worth some $259.5 billion can advance to the Senate floor after the upper house's Finance Committee voted 14-14 on…
This year looked like it would be a … windfall... for renewable energy companies with the advent of the Biden Administration and its massively expensive…
The Arab Gulf oil producers are expected to slash their combined government deficits to some $80 billion this year from $143 billion last year, thanks…
The UK has no plans to stop new oil exploration, Reuters has reported, citing the Department for Business, Energy and Industrial Strategy. That’s despite the…
Russia estimates that the global oil market is currently in a deficit of around 1 million barrels per day (bpd), Deputy Prime Minister Alexander Novak…
The IEA’s shocking call for no new oil and gas exploration on the path to net-zero emissions doesn’t necessarily follow that demand through to its…
The largest refiners in India, as well as offshore oil producers and port operators, are preparing for Cyclone Yaas, which has formed in the Bay…
More than half of the people currently employed in the UK’s offshore oil and gas industry could by 2030 be working on low-carbon energy projects,…
California initiated on Friday the pre-rulemaking stage of proposed legislation that would end fracking in the state in 2024. The Department of Conservation, Geologic Energy…
The five largest oil and gas companies in the world saw their combined revenues drop by 30 percent last year, although they still generated more…
The ten OPEC members bound by the OPEC+ production agreement have increased their collective crude oil exports by more than 1 million barrels per day…
The Dakota Access crude oil pipeline will remain in operation while federal regulators conduct a new environmental analysis of the infrastructure, Bloomberg reported, citing a…
Goldman Sachs still expects crude oil to rise to $80 per barrel by the end of the year despite reports about progress on U.S.- Iranian…
California adopted on Thursday a new regulation that requires rideshare companies such as Uber and Lyft to achieve zero greenhouse gas emissions and ensure 90…
Chinese authorities have banned government employees with Teslas from parking them inside government compounds, Reuters has reported, citing unnamed sources which noted the ban was…
Oil demand has already increased to 95 million barrels per day (bpd), and the market is rebalancing, according to the chief executive of the Abu…
Saudi Arabia kept its status as China’s top oil supplier in April, beating Russia for the eighth month in a row as the world’s largest…
Qatar is cutting prices for its gas and expanding into the Asian spot market as it seeks to maintain its number-one position in exports of…