Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
A total of 45 percent of UK adults have cut back on non-essential journeys in a vehicle amid soaring fuel prices, the Office for National…
ExxonMobil would like to see the tax credit for carbon capture and storage increased to $100 per ton from the current $50 per ton, as…
Germany is considering expropriating the German section of the Russia-led Nord Stream 2 gas pipeline project, cutting it off from the rest of the pipeline,…
Oil prices will likely remain elevated at over $100 per barrel for the rest of this year as the Russian invasion of Ukraine roils markets…
The business activity index in the energy firms operating in Texas, northern Louisiana, and southern New Mexico jumped in the second quarter to the highest…
Russia is to be earning more than $100 million every day from the gas it sells to Europe despite the slashed deliveries to major EU…
U.S. drivers are facing the highest gasoline prices for the 4th of July on record, but these are unlikely to curb Americans' appetite for road…
The largest power generating company in India, state giant NTPC Ltd, could increase its coal-generation capacity as it prioritizes energy security after recent power outages.…
The European Union should continue supporting Ukraine despite the lowered Russian gas deliveries to major EU customers and the economic toll from it, Elina Bardram,…
Chinese Premier Li Keqiang said this week that China should increase its coal production capacity in order to prevent power outages, as the northern and…
Oil prices dipped by 6 percent early on Wednesday, with Brent slumping below $110 a barrel, as the market fears a looming recession would drive…
Italy’s idea that the EU impose a cap on natural gas prices has emerged as the “only sustainable solution” to soaring energy prices, Italian Energy…
The risk of a difficult winter of gas rationing for industries and another surge in energy bills for consumers in Europe just became greater as…
U.S. gasoline demand increased by 5.5 percent on Sunday compared to the previous Sunday and was 11.4 percent higher than the average U.S. demand of…
Around $30 a barrel of war premium is baked into the current oil prices, according to Kuwait Petroleum Corporation (KPC), the state oil firm of…
Following several offshore oil discoveries in recent months, Namibia hopes that the major oil finds could help it double its economy in the next two…
While the oil market is looking for clues about losses of supply from Russia, the perennial wild card in crude production globally, Libya, has seen…
More than 70,000 people rallied in Belgium’s capital Brussels on Monday in a protest against the soaring cost of guel and food, while strikes at…
Germany will rely more on electricity generation from coal in order to conserve gas and fill its gas storage by winter, German Economy Minister Robert…
China imported a record volume of Russian crude in May, with arrivals surging by 55 percent to nearly 2 million barrels per day (bpd). This…