OILPRICE

Oil and petroleum-based products are indispensable in the process of increasing electrification and expansion of power grids globally, OPEC...

The Railroad Commission of Texas, the oil regulator in America’s top oil-producing state, has opened a probe after a series of earthquakes h...

Growing concerns about China’s economy and oil demand prompted traders to head for the exit and reduce their net long positions in both key...

Freeport LNG, the second-largest U.S. liquefied natural gas export facility, is on track to return to full LNG production, pulling in more t...

The State Grid Corporation of China, which covers over 80% of the country’s power grid, has raised its planned investments for this year to...

Vital Energy, in partnership with Northern Oil and Gas Inc., has struck a deal with private equity-backed Point Energy Partners to buy its P...

As renewable capacity additions in the United States soar, two states already have solar and wind accounting for more than half of their uti...

Every year we are growing increasingly addicted to plastics. Despite efforts to reduce the production of single-use plastics, the global dep...

In the second quarter of 2024, Tesla's gross margin dropped to a new low after declining every quarter since Q1 2022. Thanks to an uptick in...

SLB and Halliburton reported second-quarter results last week, and both noted strong international business and weaker performance at home....

British car production fell during the first six months of the year as manufacturers retooled production lines to make electric vehicles (EV...

Authored by Mike Maharrey via MoneyMetals.com, A growing number of African countries are turning to gold to hedge geopolitical risk and prot...

In the evolving global energy landscape, renewable sources are becoming increasingly cost effective. Even without subsidies, renewables are...

European Commission President Ursula von der Leyen has announced that the European Union will send Ukraine 1.5 billion euros ($1.63 billion)...

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

Oil prices slumped on Friday, with Brent crude falling 1.57% in afternoon trading as the oil demand outlook out of China continues to weigh...

  Canada’s federal government plans to postpone the sale of the state-owned Trans Mountain oil pipeline for after the 2025 general election...

It's been a volatile week in oil markets as concerns over Chinese demand pressured prices despite a decline in U.S. crude inventories and wi...

Chinese electricity consumption in the data services industry and for charging and battery services soared in the first half of 2024, driven...

Mexico is scouring the U.S. and Asian fuel markets for more imports of gasoline and diesel in 2024 and 2025 as the country’s newest refinery...

The next U.S. president will have a very limited set of tools to materially boost oil supply in the United States, according to investment b...

Even as independent Chinese refiners have reduced the intake of Iranian crude amid low refining margins, China has continued to import near-...

Oil Market Rollercoaster: A Week of Twists and Turns The crude oil market experienced a turbulent week, with prices oscillating as traders w...

1. US Becomes Europe’s Leading Diesel Supplier- US diesel exports to Europe are set to reach an all-time high this month, undeterred by load...

Chinese energy and chemicals giant Sinochem Group is in discussions to sell its 40% stake in a producing oilfield offshore Brazil, Bloomberg...