Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Commodity giant Glencore has held early internal discussions about making a potential approach for mining giant Anglo American, which has just rejected an initial takeover…
A limited supply of heavy crude is pushing up heavy crude oil prices and refining costs globally, which could raise costs for shipping and road…
Amid a lack of signs of easing the tensions in the Red Sea and the Suez Canal, disruptions to global shipping in the area could…
A U.S.-based biotechnology firm is using carbon-eating bacteria to turn emissions from steel mills, refineries, and other heavily polluting industrial processes into ethanol and chemicals,…
Norway saw cash flow from its stakes in oil and gas fields nearly halve in the first quarter of 2024 compared to the same period…
Australian Retirement Trust, which manages $183 billion (AUS$280 billion) of retirement savings, is placing thermal coal on its exclusion list as of July 1, as…
Helped by higher crude and product trading profits and increased refining margins, Shell (NYSE: SHEL) smashed earnings estimates for the first quarter of the year…
Devon Energy Corp (NYSE: DVN) raised its production guidance for 2024 after topping first-quarter earnings estimates as its production exceeded expectations and more than offset…
Permian producers are not shutting in oil wells with associated natural gas despite the fact that the Texas regional gas price has been stuck at…
Portfolio managers boosted their bullish bets on Europe’s benchmark natural gas price to the highest level in six months, expecting continued volatility as Europe is…
China accounted for 65% of new wind capacity last year, which placed four Chinese original equipment manufacturers in the top five spots in the global…
Tech giant Microsoft has signed a global framework agreement to back renewable power projects that could be worth about $10 billion and buy the power…
The Canada Energy Regulator (CER) issued on Tuesday the final permits allowing the long-delayed Trans Mountain Expansion Project (TMEP) to enter into service. Following the regulator’s…
Profits at ExxonMobil and Chevron have dropped compared to the record-highs of the past two years, but the U.S. supermajors are doubling down on oil…
Oil and gas producers in Texas have significantly increased in recent weeks the number of requests to the Railroad Commission of Texas (RRC) to allow…
Utility giant Enel, one of Europe’s largest power generators, is set to pay higher interest rates on its sustainability-linked bonds as it has tied the…
Marathon Petroleum Corp (NYSE: MPC) reported on Tuesday higher-than-expected earnings and revenues for the first quarter despite lower refining margins and profits compared to the…
Norway’s Energy Minister Terje Aasland has received the field development plan for a new North Sea oil and gas field that will be tied back…
Much lower natural gas prices this year compared to 2023 dragged down profits at some of the largest oil and gas companies, which have so…
The G7 group of the world’s most industrialized nations are discussing a common target to end their coal-fired power generation by 2035 at an energy…