Charles is a writer for Oilprice.com
The volumes of Russian diesel in floating storage at sea have jumped this month to the highest levels since at least 2017, according to data…
Pemex, Mexico’s state-owned oil firm, has been putting off urgent equipment repairs on a major producing platform in the Gulf of Mexico, despite being aware…
Russia’s coal sales to China plunged by 22% in January and February compared to the same months last year after China re-imposed an import tax,…
The world will need nuclear power generation to reach its emission reduction and net-zero targets, according to Fatih Birol, the executive director of the International…
The United States and the EU continue to exert “unprecedented pressure” on China to reject trade payments from Russia, Kremlin spokesman Dmitry Peskov said on Thursday. China…
India’s largest refiner, Reliance, has stopped buying crude oil sourced from Russia and carried on tankers owned by Sovcomflot as the U.S. tightened sanction enforcement.…
After scrapping oil capacity expansion plans earlier this year, Saudi state oil giant Aramco is now poised to boost natural gas output by 60% by…
Suriname’s state-owned Staatsolie has begun early talks with ExxonMobil and French TotalEnergies for the possible joint development of natural gas fields in the Guyana-Suriname basin,…
After rallying significantly earlier this week, oil prices plummeted by around 2% on Wednesday as markets awaited an interest rate policy announcement from the Federal…
Sudan has declared force majeure on crude oil exports from landlocked neighbor South Sudan, following a major rupture in the pipeline carrying crude from South…
China’s imports of fuel oil surged by 21% in January and February compared to the same months in 2023, according to data from the Chinese…
Italy’s power grid operator Terna SpA plans a record-high five-year investment of $18 billion (16.5 billion euros) by 2028 to support and accelerate the country’s…
Williams Companies has no plans to acquire Tellurian although it did consider a bid for the struggling LNG project developer. The statement, as carried by…
U.S. oil and gas exploration and production companies spent as much as $234 billion on mergers and acquisitions (M&A) last year—the highest such spend in…
India is set to import in April its highest oil volumes from the United States in 11 months as the stricter enforcement of the U.S.…
Supermajor TotalEnergies, another French energy giant, Engie, and U.S. Sempra Infrastructure have announced plans to create a global coalition to support the production and use of e-natural…
Exxon should be eligible for IRA incentives for a low-carbon hydrogen project expected to be the largest in the world. If it isn’t, the company…
Ukrainian drone attacks on Russian refineries have taken out as much as 600,000 barrels in daily processing capacity, according to commodity trading major Gunvor. “It…
Enel has decided to hold off the sale of a power distribution company it operates in Argentina, as it expects the country’s new president to…
With gasoline demand rising, U.S. gasoline prices increased last week for a third week in a row, up by 4.4 cents from a week ago to an…