OILPRICE

Crude oil inventories in the United States fell again this week, this time by 3.9 million barrels for the week ending July 19, according to...

U.S. consumers are set to pay higher electricity bills as power providers raise investments in much-needed grid improvements amid an old pow...

Rolls-Royce Motor Cars saw its revenue accelerate to almost £1bn in 2023 as demand for personalised luxury vehicles continued across the wor...

Oil prices dropped on Tuesday to their lowest point in five weeks, driven by a wave of algorithmic selling. The U.S. benchmark WTI has now d...

Zambia is attracting the attention of the world’s energy and mining companies as it shows significant potential for critical mineral extract...

Shares of the German sportscar maker Porsche slid on Tuesday after the company slashed its full-year revenue forecast. The automaker warned...

A supertanker-load of one of the key North Sea crudes has recently sold in Asia at a very low price – below the spot North Sea price and bel...

Soaring shale production, expanded pipeline networks in the U.S. Gulf Coast, and rising exports of American crude has made the U.S. benchmar...

Despite cutting off most European customers from its pipeline natural gas supply, Russia still sends nearly the same volumes of gas to Europ...

Oil prices have been in decline this week despite rising geopolitical risks, with markets seeming to be focused primarily on Joe Biden's dec...

Major carmakers in the U.S. and Europe are scaling back production of electric vehicles amid overcapacity and are rethinking their ambitious...

In yet another reversal of investments in green energy, supermajor Shell is looking to sell its stake in a major floating offshore wind leas...

India will scrap import duties on 25 critical minerals, including lithium and copper, as it looks to boost renewable energy and ensure suppl...

Italian energy major Eni said on Tuesday it had signed an exclusivity agreement with investment firm KKR to proceed with the due diligence p...

A United Nations task force is opposing the idea that companies use carbon credits and offsets outside government-regulated emissions market...

The Australian government has issued new offshore gas exploration permits for the country’s east and west coasts to tackle a looming supply...

Occidental is planning on issuing debt worth some $5 billion to fund its acquisition of CrownRock. According to a Bloomberg report, the issu...

A bill sponsored by Senate Energy Committee Chairman Joe Manchin and Senator John Barrasso proposes giving the Department of Energy 90 days...

The U.S. stock market is enjoying another banner year with five sectors boasting double-digit returns in the year-to-date. The S&P 500 Energ...

The Czech government (which controls power company CEZ) has chosen South Korea’s Korea Hydro and Nuclear Power (KHNP) to build up to four ne...

The energy transition would need a major change in the mentality of stock market investors to succeed. Investors’ focus on relatively fast r...

Former OPEC member Indonesia is looking to buy Russian crude for the first time in more than a decade according to anonymous sources that sp...

Freeport LNG has resumed shipments of liquified natural gas (LNG) two weeks after Beryl hit the Texas coast, with processing on track to rea...

Trans Mountain Corp., Canada's newly expanded Trans Mountain pipeline, is arranging a bond sale to refinance part of its debt ahead of the C...

For the some 150 people in the tiny Tajik village of Khumgaron, the pollution and waste from the Chinese gold-mining operation nearby is not...