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U.S. crude oil prices pushed past $80 on Friday, with the global benchmark Brent crude also enjoying its first weekly gain since mid-April on Chinese industrial output data and U.S.…
A recent report by the Centre for Research on Energy and Clean Air (CREA) and the Center for the Study of Democracy (CSD) reveals that the European Union (EU)…
In a strategic move to bolster its commitment to sustainable energy, Saudi Aramco (2223.SE) has entered into three significant memorandums of understanding (MOUs) with U.S. companies Aeroseal, Spiritus, and Rondo.…
Chinese refiners processed lower crude volumes in April due to maintenance, while apparent oil demand in the world’s top importer of the commodity fell for the first time…
Russia and China expect to finalize soon the preliminary work on the natural gas link Power of Siberia 2 and sign an agreement on the pipeline’s construction, Russian…
EV Box, the electric vehicle charging business of French utility giant Engie, booked another loss for the first quarter of this year, following a loss for full-year 2023,…
Norway’s $1.66-trillion sovereign wealth fund, the world’s biggest, is encouraging UK-based supermajor Shell to shed more light on its eased climate targets. The fund, which is commonly referred to as…
The United States could see a deceleration in clean energy rollout and risks losing $1 trillion in low-carbon energy investments if Donald Trump wins the presidential election in November, Wood…
Crude oil discoveries in Suriname have opened access to some 2.4 billion barrels in reserves, Wood Mackenzie analysts have estimated. The consultancy also…
China’s natural gas production went up by 5% during the first four months of the year to 83 billion cubic meters, the country’s National Bureau of Statistics
Crude oil prices were on the climb today, set for a weekly gain on signs of strong demand coming from economic reports in key markets. If the…
Abu Dhabi National Oil Company (ADNOC) is poised to establish a trading desk in the United States, marking a significant step in its strategic global expansion. Sources with knowledge of…
Brazilian President Luiz Inacio Lula da Silva has appointed Magda Chambriard as the new CEO of Petroleo Brasileiro SA (Petrobras), pushing her to accelerate investments in refineries and natural gas…
A report from Allianz SE highlights the serious environmental and safety risks posed by a burgeoning "shadow fleet" of oil tankers carrying sanctioned Russian crude. Over the past three years,…
After reestablishing sanctions against Venezuela, Washington is gearing up to issue restricted licenses to certain companies that already have oil-producing operations in the country, Reuters said in an exclusive report…
Crescent Energy will buy SilverBow Resources in a deal valued at $2.1 billion to create a major player in the Eagle Ford shale formation as the U.S. oil…
Chevron is preparing to launch a sale process to divest all its remaining operations in the UK North Sea as it looks to focus on the most profitable assets in…
If Donald Trump wins the presidential election, he is expected to push the International Energy Agency (IEA), for which the United States provides about a quarter of the…
Russia’s fuel shipments dipped by 14.6% in April compared to March, as refinery repairs, seasonal maintenance, and a gasoline export ban weighed on Moscow’s petroleum product exports last…
A barge spilled oil in the busy shipping channels in Galveston Bay after slamming into a column of the bridge that connects Galveston and Pelican Island in Texas,…