Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
Saudi Arabia announced on Friday that it would be providing a $240 million loan to co-finance the construction of Mohmand Dam in Pakistan. The hydropower complex, located…
Oil prices soared at the start of the week as OPEC+ shocked markets with a production cut announcement, but prices have since been capped by…
Venezuela's oil exports jumped in March, reaching the highest monthly average since August. The increase came as Chevron ramped up its imports and as cargoes…
Japan announced plans to revise its hydrogen strategy on Tuesday, with an ambitious goal to increase its annual supply to 12 million tonnes by 2040. …
Bullish sentiment appears to have taken over oil markets in the wake of the OPEC+ decision to cut production by an additional 1.6 million bpd…
Natural gas prices in the United States fell to a 30-month low last week, dropping to $2 per mmBtu. And, while some producers have curbed drilling,…
China's top lithium producers, including Tianqi Lithium and Ganfeng Lithium, have reportedly agreed to establish a minimum price of 250,000 yuan or $36,380 per tonne of…
The U.S. government has unveiled tighter rules on electric vehicle (EV) tax credits to curb the nation's reliance on China's EV battery supply chains. As…
Oil markets appear to be back in recovery mode, with both Brent and WTI set for a second consecutive weekly gain. The combination of a supply…
British power giant Drax surged by 5% in early trading on Thursday after it disclosed that it was in talks with the government about a proposed carbon…
Shell has confirmed that it has stopped exploring a biofuels unit and a Group II base oil plant in Singapore. Although Shell will no longer…
Mercedes-Benz has signed a power purchase agreement (PPA) for 140 megawatts of wind energy with Spain's Iberdrola. The agreement with Iberdrola will support Mercedes-Benz in meeting its…
Natural gas is a fossil fuel that has been used for centuries to power homes, businesses, and industries. It is a clean-burning fuel that emits fewer…
Repsol has invested a whopping €200 million ($217 million) in southeast Spain to set up a plant that converts used cooking oil into sustainable aviation fuel…
Westinghouse, a U.S.-based nuclear fuel supplier, will replace Russia's TVEL as the supplier for CEZ's Dukovany nuclear power plant in the Czech Republic beginning in 2024. …
The European Union has agreed to extend a cap on natural gas prices for power generation in Spain and Portugal until the end of the year. Spanish…
BP and the Abu Dhabi National Oil Company (ADNOC) have bid to acquire a 50% stake in Israel's NewMed Energy, an offshore natural gas producer. The proposal,…
Siemens Energy and Italy's FATA have landed a contract worth almost $1.08 billion to supply transmission technology for a 970 km long power link joining…
A new report from the International Renewable Energy Agency (IRENA) has found that we need to increase our annual investments in renewable energy by four…
Oil prices jumped on Monday as a disruption to Kurdistan's oil exports refocused the market on fundamentals. As oil prices continue to recover from the…