Charles is a writer for Oilprice.com
The United States produced more crude oil than any other country in 2023, for the sixth year in a row, with production averaging 12.9 million…
The Office of Gas and Electricity Markets (Ofgem), the UK’s energy market regulator, has opened an investigation into an unnamed company for alleged abuse of dominant position.…
Over $8 billion in investments in renewable energy are now at risk in the wake of a ban on some renewable projects by Canada’s Alberta…
Just weeks after posting $2.4 billion in trading profits from liquefied natural gas (LNG) in the fourth quarter of last year, the long-time head of…
U.S. gasoline prices rose for a second week in a row, to average $3.40 per gallon on Monday, up by 6.2 cents from a week…
A team of oil industry experts from Brazil’s state energy major Petrobras have traveled to Venezuela at the invitation of President Nicolas Maduro despite U.S.…
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), the state oil giants of two of OPEC’s top producers, are in very early stages of…
Equinor has put into operation a 531-megawatt solar plant in Brazil, which boosts its power production in the South American country by 30%, the Norwegian…
Chinese coal imports this year are expected at around the record levels of 2023, according to an executive at China’s state-run utility Guangdong Energy Group.…
Following Russian Rosneft’s move to sell its refinery assets in Germany last week, Berlin on Thursday announced it would extend its trusteeship over the local…
Saudi Arabia has completed the transfer of an 8% stake in its state oil giant Aramco from state ownership to the Kingdom’s sovereign wealth fund,…
Chinese crude oil imports jumped by 5.1% in January and February compared to the same two months last year, government data showed on Thursday, as…
Global oil demand looks robust in a balanced market this year, Shaikh Nawaf Al-Sabah, chief executive of Kuwait’s state oil firm Kuwait Petroleum Corporation (KPC),…
A Nigerian businessman who controls 15% of the country’s electricity market has called for an overhaul of the grid to solve long-running problems with supply.…
Chevron has restarted drilling at a key Venezuelan oil field despite signals from the White House the sanction noose around Caracas is about to tighten. Work at…
Europe is weathering its second winter since it cut itself off from Russian natural gas, but beyond that, without its own sufficient supplies, the continent…
Italy will halt the use of coal to generate electricity by 2025, opting instead to increase the use of gas-fired power plants, according to the…
Reuters on Wednesday cited unnamed sources as saying that giant Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are in talks to invest in…
The UK is extending the windfall tax on oil and gas operators in the UK North Sea by a year to March 2029, Chancellor of…
TotalEnergies and QatarEnergy are expanding their efforts to explore for oil and gas in the Orange Basin offshore Namibia by acquiring a nearby license in…