Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
An oil tanker carrying gas oil was hit by a projectile in the Gulf of Oman, the shipping company operating the vessel said on Wednesday.…
Amid celebration after retaking Kherson from retreating Russian troops over the weekend, Ukrainian President Volodymyr Zelensky said that the Kremlin intentionally destroyed critical infrastructure before…
The U.S. Customs and Border Protection has seized more than 1,000 shipments of China-made solar power equipment over a new U.S. law targeting forced labor…
The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman, said at…
The EU has agreed in principle to enact stronger emission reduction targets as the 27 member states look to slash carbon emissions in road and…
Russia’s oil production could drop to as low as 9 million barrels per day (bpd) in December when the EU embargo on imports of Russian…
Chinese refiners are widely expected to ramp up crude throughput and exports in November to capture high diesel margins and external demand, with total fuel…
A fire erupted at an oil pipeline in the southwest of Iran this weekend in an incident authorities are still investigating amid continued anti-government protests…
The United States and its Western allies have agreed that a cargo of Russian oil will only be subject to the price cap mechanism at…
Oil prices have been buoyed by a weaker dollar and rumors that China may be easing some of its Covid regulations, although the Fed's increasingly…
Austria’s government is looking to ban the use of new fossil fuel heaters as of next year and replace very old oil and coal heaters…
Russian shelling damaged on Wednesday the last two operational power lines at the Zaporizhzhya nuclear power plant in Ukraine, Europe’s largest, which is now running…
In December, Iran expects to sign an energy agreement with Russian gas giant Gazprom worth around $40 billion, a senior Iranian diplomat was quoted as…
While oil prices were up on Tuesday morning, having just posted the first monthly gain since May, worrying industrial data out of China is holding…
Tesla was in talks with Glencore earlier this year about potentially buying a stake in the mining giant, sources with knowledge of the matter told…
UK energy firm Centrica reopened its Rough natural gas storage site on Friday — which was closed five years ago — to boost storage capacity…
In what is turning out to be a very impressive earnings season, nearly all the oil majors are beating expectations and rewarding shareholders with higher…
TotalEnergies (NYSE: TTE) posted a record profit for the third quarter, driven by high energy prices and soaring prices of LNG as Europe scrambles to…
A wind farm is being dismantled in western Germany to make way for an expansion of an open-pit lignite coal mine in a “paradoxical” situation…
The United States and Saudi Arabia will overcome the recent rift in relations created by the OPEC+ group’s decision to reduce its oil production target…