OILPRICE

“China has changed the energy world, but now China is changing,” the International Energy Agency  (IEA) reported in their 2023 flagship Worl...

The UK economy grew by 0.7 per cent between January and March, a far stronger figure than the 0.6 per cent previously estimated, the Office...

The German government has recently transferred a substantial amount of Bitcoin to centralized exchanges, fueling market discussions and spec...

In a landmark decision, the U.S. Supreme Court has overturned the Chevron doctrine, a decades-old legal precedent that granted federal agenc...

The U.S. Department of the Interior will hold next month an offshore wind lease sale in the Central Atlantic as the Biden Administration con...

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

Ukrainian President Volodymyr Zelenskiy on June 27 signed security agreements with the European Union, Estonia, and Lithuania at the start o...

The United States on June 27 issued fresh sanctions against Iran in response to Tehran further expanding its nuclear program, U.S. Secretary...

China Three Gorges Renewables plans to invest $11 billion (80 billion Chinese yuan) in a huge integrated power project in China with solar,...

Germany and Morocco signed on Friday in Berlin an alliance on climate and energy to boost cooperation in renewable energy installations and...

Oil prices have surged over the last three weeks as geopolitical tensions climbed, although concerning economic data in the U.S. could drag...

Repsol has been in discussions to merge its UK North Sea operations with NEO Energy in what could be another consolidation offshore the UK,...

Spanish energy major Repsol could be the next company involved in the mergers and acquisitions wave in the U.S. shale patch as it considers...

Geopolitical Tensions Drive Oil Higher Crude oil futures are set to close over 2% higher this week, primarily driven by escalating tensions...

1. Brazil Fails to Bring the Oil Bonanza into 2024 - Brazil has been one of the fastest-growing oil producers of the 2020s, reaching a crude...

The Federal Energy Regulatory Commission (FERC) has granted authorizations for Venture Global’s CP2 LNG Project in Louisiana, the first LNG...

A California law that limits the drilling of new wells near homes and schools is set to take effect after the oil industry dropped a proposa...

LandBridge, owner of 220,000 acres in the Delaware Basin, went public this week, raising $246.5 million from the sale of 14.5 million shares...

The U.S. Senate budget committee has initiated an investigation into close to 20 large oil and gas producers following allegations about col...

Crude oil prices looked primed to extend a two-week rally this week amid deepening tensions between Israel and its neighbors, notably Lebano...

By 2034, the world will have developed carbon capture capacity of 440 millions tonnes per annum (Mtpa) while storage capacity will reach 664...

China, the world’s biggest investor in and generator of wind and solar power has been stocking up on coal in anticipation of peak demand dur...

Namibia’s nascent oil industry is going from strength to strength following several discoveries that have provided great enthusiasm around t...

Lithium is essential to saving the world from climate change – but will it destroy the environment in the process?  Ironically, lithium extr...

The doomsayers calling for panic over artificial intelligence's high energy use have gone a little too far, according to Bill Gates, who spo...