OILPRICE

Peak summer temperatures in some parts of Europe are threatening the normal operation of refineries, Bloomberg has reported, citing the situ...

 Saudi Aramco has attracted orders worth a total $31 billion for a fresh bond the company said it would place on international markets. The...

Oil prices have been climbing for the last four weeks, though the climb has been hesitant, uneven, and has failed to convince traders of a s...

Nuclear fusion research and development has gained momentum in recent years after several momentous breakthroughs and achievements. The glob...

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

Over the last year, it has become clear that deep-sea mining for metals and minerals is likely to be approved in some regions of the world,...

A fiscal crisis, near economic collapse, and civil unrest have the government of Suriname, one of South America’s poorest countries, hungril...

The London Metal Exchange (LME) is back in court this week as it seeks to defend against Elliott Investment Management’s application to appe...

British Oil & Gas giant BP Plc (NYSE:BP) has predicted that global oil demand will peak next year while wind and solar capacity will continu...

NATO leaders gathered in Washington for a landmark summit are set to look into ways to bolster support for Ukraine in its war against Russia...

Attracted by market volatility and the prospect of handsome profits in the coming years, hedge funds are hiring power traders from utilities...

OPEC has stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, citing resilient economic growth and stro...

Honeywell has agreed to buy the LNG process technology and equipment business of Air Products in a $1.81 billion all-cash deal, as it looks...

Russia’s natural gas producer Novatek is offering liquefied natural gas to potential Chinese customers through a new marketing team, althoug...

Crude oil prices went higher today, after the U.S. Energy Information Administration reported an inventory draw of 3.4 million barrels for t...

As many countries are battling to curb their coal production, some Asian powers continue to increase their dependency on the “dirtiest fossi...

For the first time in its nearly three-decade history, Norway’s oil fund, the world’s largest sovereign wealth fund, has just exceeded the m...

The European Commission has approved the proposed acquisition of the European business of UK-based biofuels producer Greenergy by commoditie...

The final proceeds for Saudi Arabia from the secondary sale of shares in its oil giant Aramco came in at $12.35 billion after the exercising...

The U.S. Court of Appeals for the D.C. Circuit has denied a request from Republican states to stay the new rules on methane emissions from t...

Wildfires in northern Alberta continued to disrupt some oil sands operations as Cenovus Energy demobilized this week non-essential staff at...

Crude oil prices inched lower earlier today on disappointing Chinese data, despite an injection of bullishness from Fed chairman Jerome Powe...

Occidental Petroleum has signed a deal with Microsoft for the sale of 500,000 tons in carbon removal credits from a carbon capture facility...

The ongoing electrification drive and the EV revolution have elicited dire forecasts about the imminent demise of the nearly two-century old...

The signing of a memorandum of understanding (MoU) last week between Russian state gas giant Gazprom and the Iranian National Gas Company (N...