Charles is a writer for Oilprice.com
GM has placed a bet on the domestic supply of lithium by leading a $50-million funding round for a mining startup dubbed Energy Exploration Technologies,…
The Italian government has given conditional approval for the sale of a refinery owned by Russia’s Lukoil to a Cyprus-based private equity firm, Reuters has…
In March, OPEC+ producers saw the biggest decline in their collective production in 10 months, as output fell by 680,000 barrels per day (bpd) to…
A leaked package of intelligence information from the Pentagon has suggested that Canada’s natural gas pipeline network may have been targeted by Russia-linked hackers, the…
Shares in American shale producers ticked up almost across the board Monday after reports that Exxon was in informal talks for the potential acquisition of…
Pioneer Natural Resources (NYSE:PXD) shares have gained 6% so far on Monday following news reports that ExxonMobil is considering an acquisition of the pure-play shale…
The European Union’s embargo on Russian oil products, which went into effect on February 5, has resulted in the diversion of Russian diesel not only…
India’s fuel demand jumped by 5% in March compared to a year earlier, official data showed on Monday, as the world’s third-largest crude oil importer…
Oil prices turned lower on Monday morning ET in a relatively calm and steady thin trade due to the Easter holiday. As of 9:35 a.m.…
Nigeria produced 1.517 million barrels of oil per day last month, down by 2% from February, Nigerian media reported, noting that the February average had…
Tesla is expanding its business in China with a new factory, planned for Shanghai, where the company will produce its Megapack battery. The construction of…
The Texas Senate voted this week to add more natural gas-fired capacity to the state grid to add more reliable power to the Electric Reliability…
With lithium prices tanking nearly 60% so far this year, international Lithium expert Joe Lowry says the market isn’t reflecting the reality and blames China…
With global energy markets upended, the G7 group of the world’s most industrialized nations is considering endorsing new upstream investment in natural gas despite climate…
As Democratic lawmakers and governors ramp up efforts to ban gas hookups in new buildings, two large U.S. utilities are considering selling part of their…
The investigation into the Nord Stream sabotage considers the involvement of a state actor as the “absolute main scenario,” but it will be difficult to…
Exxon this week started a new crude oil distillation unit at its Beaumont refinery, boosting its daily capacity to almost 620,000 bpd. This makes the…
When it comes to where the world gets its oil, a new global poll shows that importers favor Canadian crude, the majority’s top choice for…
Just days after the unexpected OPEC+ oil production cut, Saudi Aramco, the Saudi state-owned oil company, has raised prices of crude to Asia by 30…
Following the weekend’s surprise OPEC+ 1.6 million bpd output cut, the price of Urals, Russia’s flagship crude oil, has reached beyond the $60 per barrel…