Charles is a writer for Oilprice.com
Brazil’s leftist President Luiz Inacio Lula da Silva took office on Monday and the markets responded with an instant rout, sending shares of state-run Petrobras…
Amid Russia’s war on Ukraine and a European energy crisis, German Finance Minister Christian Lindner is calling for a lifting of the ban on fracking,…
The European Union’s ban on Russian oil products set to come into force on February 5 could lead to a 1 million barrel per day…
China has broken ground on a renewable energy project worth an estimated $11 billion in the province of Inner Mongolia. According to a Bloomberg report,…
America’s largest natural gas producer, EQT Corp, has experienced a plunge in production up to 30% due to severe cold weather that led to Appalachian…
Hitting back at Brussels’ imposition of a windfall tax on oil companies, Exxon Mobil Corp is suing the European Union on the grounds that the…
After Tuesday’s gains on demand optimism over Beijing’s easing of COVID travel restrictions, oil prices reversed course early on Wednesday, edging lower on fears that…
Oil prices hit will $150 per barrel, natural gas prices are set for a stratospheric surge to top $5,000 per 1,000 cubic meters, Elon Musk…
Gazprom's Kirinskoye gas condensate field that was launched nine years ago on the Sakhalin shelf has set a new level of production this quarter, Gazprom…
Russia has said it’s willing to resume natural gas supplies to Europe through the Yamal-Europe Pipeline. The Yamal-Europe Pipeline usually flows westward but has been…
India is one of the biggest drivers of global energy demand growth and has long been a leading element in price forecasts. With an economy…
India has seen a considerable increase in exports of solar modules following the Biden administration’s ban on such modules suspected of being produced using forced…
Ukrainian president Volodymyr Zelensky addressed Congress on his first trip abroad since the Russian invasion, in which he thanked the United States for its support…
Canada will propose on Wednesday that one-fifth of all passenger cars, SUVs, and trucks sold in the country in 2026 be electric vehicles (EVs), The…
Russia and Iran, which have grown increasingly closer in recent years, have joined forces to evade the Western sanctions on their exports by constructing a…
Exxon’s market capitalization rose above that of Tesla for the first time in two years as investors’ appetite for stable returns in energy stocks prevailed…
In an interview with the Saudi state news agency (SPA), the Saudi energy minister said that despite heavy criticism of OPEC+’s recent decision to cut…
Since the G7 price cap on Russian crude oil came into force on December 5, ExxonMobil has started asking shipowners to prove that the tankers…
A delegation of officials from the International Atomic Energy Agency has left Iran after talks with the country’s head of nuclear energy without a clear…
Russia attacked Kyiv early on Monday, targeting critical infrastructure with self-exploding drones and cutting power supply in some areas in the latest attack on Ukraine’s…