Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,
It was a big week for oil markets as demand optimism sent oil prices beyond $65 and oil majors reported promising earnings, but prices pulled…
Oil demand is finally bouncing back but a new COVID spike in India could threaten the rebound.For more great energy content, make sure you subscribe…
Due to the winter storms in February, net natural gas withdrawals from storage this heating season exceeded the five-year average by 10.6 percent, the Energy…
Russia’s Navy began drills in the Black Sea on Wednesday amid growing tensions with Ukraine and ahead of the expected arrival of two U.S. warships…
Record-high gasoline and diesel prices stalled India’s fuel demand recovery in February, with oil consumption down by 5 percent to its lowest level since September…
Iran said on Tuesday that South Korea had started to release the first US$1 billion of the US$7 billion Iranian oil funds blocked in Korean…
Elon Musk has been on a crypto tear over the past two weeks. It began with a number of posts promoting a fun meme-based cryptocurrency…
The journey to net-zero emissions will have a cost for everyone, and policymakers should clearly explain this to consumers, Total’s chairman and CEO Patrick Pouyanné…
Customers of Duke Energy in the Carolinas could end up paying more than $4.8 billion for planned natural gas-fired capacity that could become stranded as…
Massive investment in renewable energy in the developing economies, which are set to produce most of the global emissions in the coming years and decades,…
The UK Department for Business, Energy and Industrial Strategy (BEIS) has approved the construction of the biggest battery storage project in the UK, and one…
Volkswagen will look to reduce its portfolio of internal combustion engine vehicles, while speeding up the development of a compact electric vehicle that could cost…
Residents in a natural gas-producing northeastern Chinese province have made a video of tap water being set on fire with a lighter—a video that went…
Enbridge filed on Tuesday a federal complaint at a U.S. district court seeking an injunction to stop Michigan’s order for closure of the Line 5…
The Colorado Oil and Gas Conservation Commission (COGCC) approved this week stricter rules for oil and gas drilling, extending the setbacks for oil wells from…
Libya’s National Oil Corporation (NOC) will not be transferring the revenues from crude oil sales to the Central Bank of Libya until the bank adopts…
Weaker oil demand with the spike in coronavirus cases will likely prompt the OPEC+ alliance to roll over the current 7.7-million-bpd production cuts into 2021,…
State giants China National Petroleum Corporation (CNPC) and China National Offshore Oil Corporation (CNOOC) are interested in buying ExxonMobil’s entire operating stake in one of…
Tesla introduced on Thursday Tesla Tequila, the latest merchandise Elon Musk has offered to his aficionados, and the US$250 a bottle tequila quickly sold out.…
Canada’s largest oil companies continue to post quarterly losses this year as low crude oil prices and low refining margins hit earnings. On Wednesday…