OILPRICE

Brazilian state-owned oil company Petrobras S.A. (NYSE:PBR) and Colombia’s integrated energy company  Ecopetrol S.A. (NYSE:EC) have confirme...

U.S. NextDecade Corporation has awarded a $4.3-billion engineering, procurement and construction (EPC) contract to Bechtel Energy Inc for th...

Saudi Aramco reported a net income of $29 billion for the second quarter of the year, down from $30 billion a year earlier. Half-year profit...

SunPower, the California-based solar developer and operator, has filed for bankruptcy protection after slashing jobs and saying it would res...

Crescent Energy reported second-quarter net earnings of $37.5 million, beating analyst expectations thanks to higher oil and gas production....

About a month ago, Google admitted in its annual sustainability report that its emissions had climbed by nearly 50% over the five years sinc...

Record Permian production and increased efficiency across the shale patch have prompted many U.S. oil producers to raise their output guidac...

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

Geothermal energy is set to play a significant, albeit small role in the power mix of the future, building on its currently modest 0.3% shar...

Who will pay for the cost of overheated humans in the age of climate change?   One of the inevitable consequences of climate change is that...

The biggest European car market, Germany, saw the sales of electric vehicles plummet by 36.8% in July from a year earlier, as EV sales are s...

Nigeria is losing $1,000 on every barrel of crude oil it exports, due to a lack of the added value from refining, Nigerian media quoted ener...

Brent crude and U.S. benchmark WTI fell by more than 3% on Friday and then continued to drop on Monday morning amid growing fears of a U.S....

U.S. electric power plants held a total of 138 million short tons of coal at the end of May, the highest level since the slump in power and...

Sharara, the largest oilfield in Libya, fully halted oil production on Monday after output was curbed during the weekend due to protests, so...

Ever since Hamas launched multiple coordinated attacks against Israel on 7 October last year, the Middle East has been on the verge of spira...

European benchmark natural gas prices plunged by 5% on Monday amid strong pipeline supply from Norway a broad sell-off in all markets amid f...

Two weeks after announcing a major push into the U.S. LNG business, Australian group Woodside Energy said on Monday it would acquire a clean...

Oil prices continued to fall on Monday morning, with both Brent and WTI dropping to their lowest levels since January. The collapse in oil p...

Global investment firm The Carlyle Group has agreed to sell Cogentrix Energy, the owner of more than a dozen U.S. power plants, to private e...

Libya’s internationally recognized government has accused its rival government in the east of “political blackmail” following protests that...

Chevron has removed all non-essential personnel from two platforms in the Gulf of Mexico ahead of tropical storm Debby, which is on its way...

Saudi Aramco raised the official selling prices of its light crude for Asian clients for the first time in three months, with the September...

U.S. oil production dipped by 61,000 barrels daily in May, the EIA reported this week, confirming what many already expected: continued stri...

Economists have been attempting to forecast the point of peak oil—the year when oil demand reaches its maximum level—since the 1970s. Despit...