OILPRICE

India has become the world's biggest importer of Russian oil, surpassing China, Reuters has reported. Data on Indian shipments from trade an...

A September rate cut looks nailed on after minutes from the US Federal Reserve’s last meeting, released last night, showed many rate-setters...

Reuters, citing an unnamed source in the know, reported that Halliburton was the target of a cyberattack this week and is currently working...

Crude oil prices extended a losing streak into its fifth day earlier today as expectations of weak demand weighed on benchmarks. Brent crude...

China’s new coal capacity approvals this year have been significantly fewer than last year’s, according to a report by the Finland-based Cen...

An ocean conservation entity is suing the UK state for 31 oil and gas exploration licenses issued by the previous government earlier this ye...

Oil prices have been on the backfoot in the current week, pulling back from gains in recent weeks thanks to easing geopolitical fears and se...

The much-anticipated expansion of the Trans Mountain pipeline (TMX) was supposed to be a game-changer for U.S. West Coast refiners. By tripl...

It’s clear following Russian President Vladimir Putin’s two-day visit to Azerbaijan that he wants to remain a powerbroker in the Caucasus. W...

China's state planner has called for more investment in equipment upgrades to help support the country's energy transition. The energy upgra...

The price of gold hit an all time high of $2,513.79 (£1,932.87) per ounce on Tuesday morning as investors hope the US central bank will cut...

Iran has appointed a new oil minister, Mohsen Paknejad, following a vote of confidence in parliament on Wednesday, Azerbaijan’s Trend news a...

The European Union and the Group of Seven (G7) leading industrialized nations are slowly gearing up new legislation that will allow a $50 bi...

Nigeria’s Dangote mega refinery is now poised to import the lion’s share of its feedstock from domestic sources for Q3, according to Bloombe...

A Greek-flagged oil tanker is on fire and drifting crewless in the Red Sea after coming under attack by Yemen’s pro-Iranian Houthis, in a si...

The Communist Party of China is officially atheist but China’s premier, Li Qiang, recently had a “come to Jesus” meeting with Pakistan’s pri...

Shares of Occidental Petroleum have dropped below $56, raising questions about whether Warren Buffett's Berkshire Hathaway will step in as i...

Saint Louis, Missouri-based coal miner Arch Resources Inc. (NYSE:ARCH) and Canonsburg, Pennsylvania-based Consol Energy Inc.(NYSE:CEIX) have...

Crude oil prices moved higher today after the U.S. Energy Information Administration reported a decline in inventories for the week to Augus...

Ukraine's incursion into Russia's Kursk region earlier this month rattled the European natural gas market, pushing prices above 40 euros per...

U.S. crude oil exports are set to grow this year by the smallest margin after a decade of rapid growth.    Crude exports from U.S. ports hav...

Texas used a record amount of electricity on Tuesday, the Electric Reliability Council has reported, noting that the data has yet to be made...

About a quarter of British households are so worried about their electricity bills they are considering spending next heating season without...

Australia has approved an ambitious project to export solar power to Singapore via a subsea cable spanning over 4,300 kilometers. The projec...

The UK’s oil industry has had a tough few years. The future does not promise a change in a positive direction, either. It seems all hope for...