OILPRICE

Battery storage installations are soaring in the United States thanks to incentives in the Inflation Reduction Act (IRA), which offers, for...

On Monday, Turkey signed a ten-year agreement with Shell under which the supermajor will supply Turkish state energy firm BOTAS with LNG for...

Russian natural gas pipeline exports to Europe declined by 2% in August compared to both August last year and July 2024, according to estima...

Germany expects to extend for another six months its trusteeship over the German assets of Rosneft while Qatar and the Russian oil giant are...

The planned additional hike in the UK’s windfall tax on North Sea oil and gas operators could lead to $16 billion (£12 billion) lower tax re...

Oil prices began the month of September with a drop in Asian trade, depressed by another weak reading of China’s official manufacturing acti...

Guyana booked an increase of 49.7% in its real gross domestic product for the first half of the year, led by oil and gas revenues, the count...

A possible partial reversal of OPEC production cuts sent crude oil prices sliding early on Monday after Reuters cited six unnamed sources fr...

The consortium developing the Aphrodite gas field offshore Cyprus has submitted a development plan to the country’s government putting the p...

Crude oil arrivals in the world’s top-importing region, Asia, appear to have rebounded in August from a two-year low in July. China, the wor...

Big Tech's appetite for energy is rising fast thanks to these companies' new artificial intelligence focus. Yet Big Tech's AI push is not th...

The EV boom is here, as major automakers and many new startups roll out a wide array of EV models, and consumer interest continues to grow....

Oil producers in Africa haven’t seen in the past two years the fiscal benefits from the higher energy commodity prices.  Falling legacy oil...

While several international energy organisations and leading sectoral experts expect the global oil demand to begin decreasing by the end of...

Following years of funding into research and development in the wind energy sector, wind power technology has improved immensely, with the e...

In June, the Energy Institute released the 2024 Statistical Review of World Energy. The Review provides a comprehensive picture of supply an...

Venezuela’s complete blackout is set to soon begin slowly easing, the country’s government has said. Venezuela’s contested government has ac...

The outcome of the US presidential election could have significant implications for global energy dynamics. However, Rystad Energy’s analysi...

The U.S. Environmental Protection Agency (EPA) has renewed for a second time an emergency waiver for the summer spec gasoline requirements i...

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

Power station operator Drax has agreed to pay £25m after an investigation by energy watchdog Ofgem found it failed to report data adequately...

Weaker-than-expected Chinese oil demand and high inventories globally have prompted economists and analysts in a Reuters poll to reduce thei...

OPEC+ will likely begin unwinding its production cuts in October, six OPEC+ sources told Reuters on Friday. If OPEC+ does decide to start th...

The Public Utility Commission of Texas will review the extension of $5.38 billion worth of low-interest loans to companies planning nearly 1...

Uncertainty continues to dominate oil markets, although demand concerns appear to be overcoming supply shocks to push oil prices toward a mo...