Oil prices started the week with a gain after slumping to the lowest in nearly three years, with analysts of a mostly unanimous opinion that bearish factors are stronger than…
Chinese gasoline exports slumped by 44% in August from a year earlier as export margins turned negative and refiners started using up their government-mandated export quotas. China exported 770,000 tons…
Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an estimated inventory draw of 1.6 million barrels for the week to September 13. This
The short-cover rally Goldman analysts forecasted early last week in Chinese iron ore prices has completely reversed. After all, analysts from the bank…
Fresh data coming in has revealed that Canada's newly expanded Trans Mountain pipeline (aka TMX) is indeed delivering on its promise to diversify the country’s crude oil markets.…
Production from new oil fields in the Gulf of Mexico will help the region avoid a decline in output due to natural depletion this year and next. The news comes…
The world’s biggest oil and gas firms are pouring billions of U.S. dollars into projects to produce low-carbon ammonia, a chemical critical for fertilizers that also has the potential to…
The United States is vying to become competitive in global lithium production as demand picks up for the “critical mineral”. Although a commonplace…
Fed chair Jerome Powell has signaled that interest rate cuts are on the horizon, amid a cooling labor market marked by fewer job additions and rising unemployment.
It’s been just over a year since Turkmenistan, a country boasting the world’s fourth or fifth biggest largest natural gas reserves, ended decades of indecision and finally
The UK’s fourth-largest energy supplier, OVO, has agreed to a £2.37m settlement following a regulatory investigation by Ofgem. The
Spain is an established green energy leader in Europe, with its significant wind and solar generation capacity giving renewable power generation over a 50% share of the nation’s…
The European Union's Operation Aspides naval force began an urgent salvage operation to tow the burning oil tanker Sounion in the southern Red Sea to safety, with hopes of…
Oil prices have fallen dramatically in recent weeks, but supply disruptions and optimism around a potential U.S. interest rate cut appear to have halted that downward momentum.
Hedge funds and other asset managers have never been more pessimistic about the outlook for petroleum prices, as signs multiply that the major industrial economies are…
Taxation in various major oil-consuming countries is a significantly more important factor in determining prices at the pump than generally thought, OPEC Secretary General Haitham Al Ghais wrote in an…
By Sarah Collins of CAM, The personal carbon footprint of the richest people in society is grossly underestimated, both by the rich themselves and by those on middle and lower…
Liquefied natural gas has become a major growth driver for the energy industry. Burning much more cleanly than either coal or oil, gas has earned a place in…
This year, nuclear power has generated more electricity in South Korea than either coal or natural gas for the first time ever, achieving a milestone in one of…
A little under a year before the Russian invasion of February 2022, Saudi Aramco’s chief executive officer, Amin Nasser, had spent several days at the annual China Development Forum hosted…