Industry insiders have started acknowledging…
The US achieved record-breaking oil…
In last week’s State of…
TerraPower, a company working on small-scale nuclear reactor development backed by Bill Gates, plans to begin construction on its next-generation nuclear reactor in the United States as soon as June,…
Exxon should be eligible for IRA incentives for a low-carbon hydrogen project expected to be the largest in the world. If it isn’t, the company will probably scrap it, chief…
Ukrainian drone attacks on Russian refineries have taken out as much as 600,000 barrels in daily processing capacity, according to commodity trading major Gunvor. “It is significant because obviously this…
Enel has decided to hold off the sale of a power distribution company it operates in Argentina, as it expects the country’s new president to deregulate the electricity market, making…
Gas prices in Europe could plunge as low as $6.70 per million British thermal units (MMBtu) this summer thanks to a mild winter and ample gas inventories, Wood Mackenzie has…
With gasoline demand rising, U.S. gasoline prices increased last week for a third week in a row, up by 4.4 cents from a week ago to an average $3.44…
CNOOC Limited has made a major oilfield discovery in the Bohai Sea offshore China, with more than 100 million tons of oil equivalent of in-place volume proved, the Chinese state-held…
Nearly 50 countries, including the EU, Canada, and Pacific island nations most affected by climate change, are proposing a fee on carbon emissions in the shipping industry, while others are…
China is expected to import record-high oil volumes from Russia in March as the world’s top crude importer is mopping up cargoes shunned by India, Bloomberg reported on Monday,…
Germany’s state-controlled firm Securing Energy for Europe (Sefe) has signed a deal with ADNOC, under which Abu Dhabi’s national oil company will supply LNG to Germany for 15 years beginning…
Venture Global LNG is buying nine ships to transport liquefied natural gas as it seeks to boost global sales of the super-chilled fuel, the U.S. LNG provider said on…
Crude oil prices held on to their gains from last week, moving higher still in mid-morning trade in Asia today amid continued concern about supply. Last week, an IEA report…
China has started the construction of a $3.9-billion electricity transmission and storage project aimed at enhancing the resilience of its grid, which has come to rely heavily on wind and…
Iran has signed new contracts for the development of oil fields worth…
Russian President Vladimir Putin early on Monday declared victory in this weekend’s elections after running virtually unopposed, paving the way for him to serve six more years in office, as…
The Brent crude oil benchmark is set to exceed $80 per barrel by the end of this year, according to a new Bloomberg Intelligence oil price survey. The survey showed…
Poland is set to spend $16 billion on upgrading and expanding its power grid to accommodate additional renewable and nuclear capacity, the country’s power grid operator said on Friday. Grid…
Ukrainian drone attacks on Russian oil refineries have knocked down as much as 370,500 barrels per day (bpd) of Russia’s refining capacity so far into the first quarter of the…
A local court in Argentina has suspended new lithium mining permits in the Catamarca province in the northwest, home to many lithium projects, due to environmental concerns, the court ruling…
Ukrainian drones attacked early on Friday a small privately-owned refinery 40 miles from Moscow’s outskirts, a source at the Ukrainian intelligence services told Reuters. The refinery in the…