Charles is a writer for Oilprice.com
Italy will halt the use of coal to generate electricity by 2025, opting instead to increase the use of gas-fired power plants, according to the…
Reuters on Wednesday cited unnamed sources as saying that giant Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are in talks to invest in…
The UK is extending the windfall tax on oil and gas operators in the UK North Sea by a year to March 2029, Chancellor of…
TotalEnergies and QatarEnergy are expanding their efforts to explore for oil and gas in the Orange Basin offshore Namibia by acquiring a nearby license in…
OPEC expects to claw back its share of the Indian oil market in the long term, due to the short distance Middle Eastern crude has…
China’s coking coal industry needs supply curbs and consolidation, the head of the largest miner in the segment said this week, as quoted by Bloomberg. The government…
Saudi Arabia raised the official selling prices of its crude for Asian buyers following the extension of the OPEC+ production cut agreement until the end…
Energy-starved Bangladesh will invite later this week international bidding for 24 offshore oil and gas exploration blocks as the south Asian country looks to increase…
Following six years of no major private sector coal power capacity buildout, major private Indian power firms are now vying to install at least 10…
Aliko Dangote, the owner of Africa’s largest refinery and Africa’s richest person, is looking to set up a trading firm that would handle crude supply…
Bullishness is returning to the oil industry, with prices set to go considerably higher in case the conflict in the Middle East escalates, RBC’s Helima…
China will seek to reduce the energy intensity of its economy by 2.4% this year, Bloomberg has reported, citing a government document. “As the economy continues…
Oil prices shed over 1% on Monday despite rising tensions in the Red Sea and on the front lines of the Israel-Hamas conflict, with OPEC+…
Exxon and Malaysia’s state-run Petronas will extend exploration for a gas discovery off the coast of Suriname, the country’s national oil company, Staatsolie, said on…
The UK windfall tax on energy firm profits is expected to be extended by another year to 2029 this week during the annual budget speech…
Russia’s announcement that it would focus on cuts to oil production instead of exports in its voluntary supply reduction within OPEC+ in the second quarter…
India expects companies to invest nearly $5 billion in a network of natural gas pipelines in its northern and northeastern states and federal territories, including…
Oil and gas companies could be a source of additional funding for a UN climate financing to help developing economies cope with the consequences of…
The U.S. Congress is discussing a funding deal that will see Chinese entities prohibited from buying crude oil from the strategic petroleum reserve in the…
The energy crisis that engulfed Europe after Western sanctions punished Russia’s invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle…