Charles is a writer for Oilprice.com
Russia’s government doesn’t plan to ban diesel exports again, Deputy Prime Minister Alexander Novak said on Friday, after Ukrainian drone attacks have reduced Russian refining capacity. …
Coal exports from the United States may decline as a result of the suspension of marine traffic from the port of Baltimore following the collapse…
The board of directors of Hess Corp. unanimously recommended that shareholders vote in favor of the merger with Chevron. That’s according to a regulatory filing the…
U.S. benchmark crude gained over $2 on Thursday as U.S. crude inventories tightened and OPEC+ vowed to keep the output cut status quo as tensions…
A group of warships from Russia’s Pacific Fleet have crossed the Bab el-Mandeb Strait and have entered the Red Sea, Russian state media reported on Thursday, citing…
Rising crude imports from Russia in Asia’s top importers, China and India, are estimated to push total Asian oil imports to a 10-month high in…
More than 20% of the total global refining capacity is at some risk of closure as refining margins are set to weaken alongside demand, while…
Chinese state oil and gas giant PetroChina plans to power all its drilling and refining activities with clean power by 2033 and to install massive…
Europe is set to exit the winter heating season with another record-high level of natural gas inventories, which could spare the EU price spikes and…
Russia is boosting exploration for oil, gas, and minerals on its continental shelf as it has launched the first comprehensive geological and drilling studies in 30…
Phillips 66 is considering the sale of its 25% stake in a gas pipeline that runs between Wyoming and Ohio, which could fetch over $1…
The United States and South Korea have joined forces to try and stop oil shipments to North Korea that contravene UN sanctions. According to Reuters,…
Enbridge is forming a joint venture to build and operate natural gas pipelines connecting gas supply from the Permian Basin to the U.S. Gulf Coast…
The oil industry will need cumulative investments of $11.1 trillion in exploration and production by 2045 to keep pace with growing energy demand and ensure…
Chinese EV exports to the European Union slumped by 19.6% in January and February 2024 compared to the same period last year as the EU…
Nissan Motor will look to slash the cost of its next-generation electric vehicles by 30% to reach cost parity between its EVs and conventional gasoline…
Tesla and battery manufacturer CATL are working together on the development of new battery technologies that could lead to faster-charging electric vehicle batteries, the founder…
Brent crude oil surged past $87 on Monday as Russia’s war on Ukraine increasingly focuses on attacks on energy installations, and as mediation in the…
OPEC and the broader OPEC+ group do not see any need to propose a change to the current oil production policy when the Joint Ministerial…
Houthi forces have struck a tanker owned and operated by a company based in Hong Kong, the U.S. Central Command has reported, calling the vessel…