Charles is a writer for Oilprice.com
Most European energy systems will be put to their toughest test yet this winter as an Arctic blast with freezing temperatures is set to drive…
California legislators have tabled a bill aimed at extracting more money from oil companies who they blame for excessive gasoline prices in the state, local…
Chevron will officially assume control of an oil project in Venezuela this week, Bloomberg has reported, citing unnamed sources. The supermajor will process heavy crude…
Saudi Arabia has cut the price of the crude it will sell to Asia in January to a 10-month low versus the regional benchmarks which…
Russia has agreed to supply crude oil, diesel, and gasoline to Pakistan at discounts, Pakistan’s Minister of State for Petroleum, Musadik Malik, said on Monday.…
Crude oil prices climbed on Monday morning as Chinese cities continue to relax Covid restrictions now in their third year under the government’s zero-Covid policy.…
Lukoil, which owns a large refinery in Sicily in Italy, said on Friday that it is ready to ensure continued operations at the site after…
Poland’s recent actions on the oil and gas market are “theater of the absurd,” Russian Deputy Prime Minister Alexander Novak said on Friday, commenting on…
The U.S. Biden Administration is mulling a complete revamp of the nearly two-decades-old biofuels mandate, according to Bloomberg. The EPA will issue an official proposal…
Days before the EU embargo on imports of Russian crude oil by sea kicks in, Italy’s government is set to announce on Thursday a temporary…
China’s National Bureau of Statistics released monthly data on Wednesday showing that factory activity contracted at a steeper pace in November versus October as lockdowns…
Natural gas began flowing in full capacity Wednesday on a new pipeline, the Baltic Pipe, running from Norway through Denmark and Poland after a three-year…
Led by Gulf member states, OPEC oil output dropped in November in line with the OPEC+ pledge to cut output by 2 million barrels per…
The planned price cap on Russian oil is an anti-market measure that will have devastating effects on all and could significantly complicate the situation on…
Protests in a Chinese city escalated this week, with protesters clashing with the police in Guangzhou amid the growing frustration with lockdowns. According to a…
China is ready to work for a closer partnership with Russia in the energy sector, Chinese President Xi Jinping was quoted as saying on Tuesday,…
BP may stop publishing its annual Statistical Review of World Energy as it moves increasingly towards renewables, Reuters’ Ron Bousso reported, citing the company. BP…
Africa will need investments of $190 billion each year between 2026 and 2030 to meet its energy demand, according to an official from the operator…
The Biden administration has proposed a set of new rules aimed at curbing gas flaring on public lands, with the Bureau of Land Management saying…
The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d),…