Charles is a writer for Oilprice.com
The expanded Trans Mountain oil pipeline will rely on spot customers to see a positive equity return or return on capital in 2026, according to…
SM Energy is reportedly in talks to acquire XCL Resources in a deal that has been valued at $3 billion. XCL Resources is a major…
A court in Russia has ordered Italian UniCredit to pay nearly $480 million over a sidelined joint venture gas project with Gazprom and Germany’s Linde…
Saudi Arabia’s oil giant Aramco has signed a non-binding agreement to buy LNG from Sempra’s Port Arthur LNG project and potentially acquire 25% in the…
Gazprom has signed an agreement to look into the possibility of supplying Russian gas to Iran, Russia’s gas giant said on Wednesday. Gazprom and the National…
The European Union has slightly lowered its proposed tariffs on imports of China-made electric vehicles in the EU, as the bloc and China have agreed…
Albemarle, the world’s largest lithium miner, plans to organize more auctions for the battery metal in a bid to improve market transparency. “What we're trying…
The U.S. Department of Justice has issued a fine of $14.5 million to PetroChina following allegations that it broke U.S. export law and a five-year…
Calls from campaigners and activist investors for banks to abandon financing for the oil and gas industry are unrealistic, according to the top executive of…
Finland’s energy company Gasum will stop buying or importing Russian liquefied natural gas from July 26, in line with a clause with the fresh EU…
Maintenance works at Russia’s busiest oil ports dragged down weekly crude oil shipments to the lowest level in over three months as the ports of…
Coal imports into Asia this month are expected to remain strong despite a slight decline in coal demand from China and India—the biggest importers. Japan,…
The U.S. Supreme Court has decided to hear a case that could have far-reaching implications for future energy infrastructure projects in the country by establishing…
Saudi Arabia has signed a $1.5-billion deal with Siemens Energy for two gas-fired power plants that will produce electricity for the Kingdom as soon as…
The year-long efforts of Abu Dhabi National Oil Company (ADNOC) to acquire German chemicals firm Covestro moved a step closer to a successful conclusion after…
Canada’s newly expanded Trans Mountain pipeline is now prompting American refiners on the West Coast to swap more expensive Iraqi crude with cheaper Canadian crude,…
Twenty-two workers were killed in a fire that followed a series of explosions at a lithium battery factory just outside of Seoul, South Korea on…
The United States kept its number one spot on EY’s Renewable Energy Country Attractiveness Index in the latest ranking of the world’s top markets on the…
Mexico’s newest refinery, the long-delayed Olmeca processing facility with a planned capacity of 340,000 barrels per day (bpd), is unlikely to be ready to produce…
Japanese trading major Mitsui has acquired more shale acreage in Texas as it seeks to expand its presence in the prolific region. The asset, dubbed…