Charles is a writer for Oilprice.com
One of the biggest carmakers in the world, Ford, has struck a deal with the world’s biggest EV battery maker, CATL, to license its technology…
In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets. Chart of the WeekEuropean…
Crude oil production from all 13 OPEC members slid by 49,000 barrels per day (bpd) in January from December as top producer Saudi Arabia slashed…
The federal U.S. government has decided to go ahead with the sale of 26 million barrels of crude from the strategic petroleum reserve that was…
Milder weather, the end of a supply outage in Norway, and expectations of stronger winds in northwest Europe sent on Monday European benchmark natural gas…
The first tanker loaded with Azeri crude left on Monday the Turkish port of Ceyhan, a week after the devastating earthquake in Turkey and Syria…
Gasoline demand in the United States rose by 1.7% last week, and was also 3.7% higher than the four-week moving average, GasBuddy reported as quoted…
The U.S. military shot down the fourth unidentified flying object in U.S. airspace in less than a week, Reuters has reported. The incident occurred over…
Investors seem to have liked BP’s latest strategy update that told of its goal to produce more oil and gas in the short term as…
Canada's pipeline operator Enbridge (NYSE: ENB) reported on Friday a loss for the fourth quarter of 2022, compared to a profit for the same period…
French TotalEnergies is putting on hold its plans to take a 25% stake in embattled Adani Group’s $50-billion hydrogen project, pending what it has called…
Stepping up efforts to pressure Iran’s revenues, the U.S. Department of the Treasury on Thursday imposed sanctions on nine companies for producing, selling, and shipping…
The first shipment of Australian coal to China in two years arrived this week as Beijing signaled it was warming up to restoring trade relations…
APA Corporation has struck oil offshore Suriname in a deposit that could hold more than 200 million barrels in reserves. APA Corp. partners with TotalEnergies…
Brent crude is up 1.55% today, rising for the third day in a row following Federal Reserve Chairman Jerome Powell’s unexpectedly less hawkish statement on…
Moscow is considering a one-time windfall tax on large corporations as a stop-gap measure for dangerously declining oil and gas revenues that have left the…
BP Azerbaijan has declared force majeure on loadings of Azeri crude from the Turkish port of Ceyhan following the devastating earthquake in southern Turkey and…
China’s Unipec has signed a contract with Oman LNG for the delivery of 1 million tons of the super-chilled fuel over a period of four…
Russia’s budget was $24.7 billion (1.76 trillion rubles) into deficit in January, compared to a surplus for January 2022, as state revenues from oil and…
The top executives at the largest Russian energy firms are attending the India Energy Week summit this week, signaling that Russia and India are bolstering…