OILPRICE

In March 2024, Canada’s then resource minister, Jonathan Wilkinson, declared, “We are not interested in investing in LNG facilities.” This m...

Despite high-profile pushbacks against renewable energy and a rapidly changing policy environment, the global clean energy transition has pi...

At one point during a grueling 110-day tour in the obliterated frontline Ukrainian city of Toretsk, Dmytro, a soldier with Ukraine’s 100th S...

Ecuador’s state oil company, Petroecuador, has declared force majeure on its operations after both major crude pipelines, SOTE and OCP, halt...

In late June the Energy Institute (EI) released the 2025 Statistical Review of World Energy, which was published previously for more than 70...

Donald Trump has launched a fresh attack on Elon Musk, declaring that Doge, Musk’s cost-cutting body, is “the monster” that “that might have...

The sudden death of Andrey Badalov, 62, vice president of state-owned pipeline giant Transneft, who fell from an elite Moscow apartment bloc...

The price gap that once made Russian Urals crude a go-to for Indian refiners is rapidly shrinking. Traders say the discount on Urals oil for...

Russian President Vladimir Putin told his US counterpart, Donald Trump, that Moscow would not give up its objectives in Ukraine, dimming Whi...

OPEC oil production ticked up by 270,000 barrels per day (bpd) in June, led by Saudi Arabia and the UAE, according to the latest Reuters sur...

On a relatively quiet trading day for oil markets, as the U.S. celebrates Independence Day, oil prices have been dragged lower on expectatio...

Leaving Price Targets in the Past, OPEC+ Is Hunting for Market Share The upcoming OPEC+ meeting, initially planned for July 6 but subsequent...

The president-designate of this year’s climate summit in Brazil played down accusations from campaigners that the South American country’s p...

The OPEC+ producers unwinding their oil production cuts may bring forward their meeting to Saturday instead of on Sunday, with another accel...

The UK government is launching its first onshore wind strategy, aiming to deliver up to 29 gigawatts (GW) of onshore wind power by the end o...

Oil production from Canada’s oil heartland, Alberta, slumped to a two-year low in May as wildfires in the province and maintenance on some o...

Australia’s government is supporting with grant funding the development of a green hydrogen project in the country, which has recently seen...

Power consumption spikes from AI data centers are making grids more volatile, a senior executive from Hitachi Energy has warned. “AI data ce...

The arbitrators for a dispute between Exxon and Hess Corp. have reached a decision, according to two unnamed sources who spoke to Reuters bu...

Crude oil prices were on course for a modest weekly gain today, buffeted by both headwind and tailwinds, including OPEC+ policy, U.S. job nu...

The oil market didn’t disappoint rollercoaster-ride fans in the first half of the year with wild price swings and sudden dips and price hike...

When Chinese Xiaomi launched its first EV models last month, it sold more than 300,000 cars in a matter of three days. The electronics giant...

When the market reacts sharply to short-term pressures, long-term fundamentals often get obscured. That may be the case with Enphase Energy...

The precedent for politicized energy policy in the region is well known. The 1973 Arab oil embargo remains the most prominent example of hyd...

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hug...