China's clean energy boom is…
A year after President Joe…
South America’s offshore oil boom,…
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added three additional companies and vessels to the sanctioned list for violations pertaining to the oil…
The COP28 UAE-led presidency doesn't have any "red lines" for language about fossil fuels in the negotiated text, COP28 Director General Majid al-Suwaidi said on Friday. "Our job as a…
Dutch pension fund Pensioenfonds Metaal & Techniek (PMT) is divesting from 40 oil and gas companies, but will keep its investments in Shell and BP and seven other energy firms…
Consumers in Germany’s states with lower clean energy production may end up paying higher grid fees as the regulator plans to spread out evenly among regions the higher costs of…
Brazil, which is set to join the OPEC+ alliance in January, will not have any quota and will not participate in oil production cuts, Jean Paul Prates, the…
The average price of Russia’s flagship crude grade, Urals, dropped in November from October but was still way above the Western price cap of $60 per barrel, data…
Rising global crude stockpiles and weak demand could prompt Saudi Arabia to lower the price of Arab Light, its flagship crude, for Asian customers for January for the…
The United States will stick to the sanctions on Russian energy as long as Putin persists with his war in Ukraine and Washington looks to halve Moscow’s energy…
Revenues from the oil industry have pushed Alberta’s projected budget surplus for this year to twice as high as initially expected, at $4.1 billion, or…
Germany will remain committed to financing the energy transition with billions of dollars despite a raging budget crisis that has cast a shadow over the country’s 2024 spending.…
As traders brushed off the news of OPEC+’s deeper production cuts, crude oil prices dipped and are likely to post their sixth weekly decline in a row. OPEC+…
The Berlin-Brandenburg Higher Administrative Court ruled on Thursday that Germany’s federal policies to fight climate change in the transport and housing sectors are falling short of a law that…
Total revenues for Russia’s largest oil and gas exporters plunged by 41% between January and September compared to the same period last year, due to lower commodity prices…
Following cooler than expected CPI from Germany and Spain yesterday, the aggregate euro-zone inflation cooled more than expected this morning with headline CPI tumbling from +2.9% in October to +2.4%…
Europe needs additional volumes of liquefied natural gas (LNG) to ease the tight market and alleviate supply concerns, Michael Lewis, CEO of Germany’s energy giant Uniper, told
U.S. owners of electric vehicles have been experiencing on average more problems with their cars than the owners of vehicles with the traditional internal combustion engines, Consumer Reports…
As OPEC+ is holding its meeting on Thursday, delegates and sources in the cartel and the wider group are telling media sources that there could be further cuts to the…
EIG Global Energy Partners expects to announce soon a deal of several billion U.S. dollars to buy an LNG asset in addition to a stake in an Australian project, EIG…
Commodity trading major Vitol will fund the restart of a coal mine in Australia that has not been operational in 16 years. The company will provide $60 million…
OPEC will send a delegation to the COP28 in Dubai and host a special pavilion there, the group said in a press release, adding that…