Charles is a writer for Oilprice.com
Chevron launched its first production at its Tengiz oilfield expansion project in Kazakhstan on Thursday, with completion of the final phase of the expansion set…
Saudi Aramco has sealed a sponsorship deal with FIFA, the International Federation of Association Football, through 2027, after winning a bidding process last October in…
Energy firms held by Czech billionaire Daniel Kretinsky have reported core earnings of $7.8 billion (7.3 billion euros) for 2023, Reuters reported on Thursday. …
Hertz Global Holdings Inc (NASDAQ: HTZ) has raised the number of electric vehicles it plans to sell this year as it is cutting its EV…
Hess Corporation (NYSE: HES) reported on Thursday much higher-than-expected net income for the first quarter of 2024 amid soaring oil and gas production, as the…
Mexico has changed a plan to curb oil exports as fires at two Pemex refineries have affected local demand for the commodity. According to Pemex…
With election-year prices at the pump a key campaign factor for U.S. presidential hopefuls, new projections indicate that the typical spring price spikes, which culminate…
OPEC Secretary General Haitham Al Ghais said in a statement on Wednesday that the group is looking forward to the prospect of a partnership with…
Just a day after announcing it would restate the past two years of financial results, beleaguered SunPower Corp. (NASDAQ:SPWR) on Wednesday said it would reduce…
Higher oil prices are expected to double Russia’s oil and gas revenues in April compared to the same month last year, according to Reuters calculations based on…
Tesla has promised to start selling cheaper models next year, days after a Reuters report revealed that the company had shelved its plans for an…
NextEra Energy Inc (NYSE: NEE) reported on Tuesday an 8.3% annual increase in its adjusted earnings per share for the first quarter, which topped analyst…
The UK saw two consecutive quarters of wind power overtaking fossil fuels as the single-largest source of electricity generation for the first time, per data…
Large international oil and gas companies, including top LNG traders Shell and TotalEnergies, are in discussions to buy stakes in the new LNG export project…
Alberta authorities have issued the first evacuation order for this year as wildfires spread across Canada’s biggest oil producer. Per a Bloomberg report, the residents of…
The nationwide average price of gasoline in the United States has risen for three consecutive weeks, gaining 4.3 cents over the past week, to hit…
With Venezuelan oil sanctions set to be reimposed and state-run PDVSA oil company buyers and suppliers under orders to close out transactions in line with…
Just a week after the Iraqi federal government announced it was repairing its own oil pipeline to Turkey, which would override a Kurdish oil pipeline…
A 26% plunge in coal mining weighed on Poland’s industrial output in March 2024, casting a shadow over the expectations that the biggest emerging-market economy…
Russia’s natural gas giant Gazprom had to shut down more than two dozen producing wells during the spring floods in the Orenburg region to keep…