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ExxonMobil, Hess, and CNOOC of China booked a combined $6.33 billion in net profit for their joint oil operations offshore Guyana last year,...

The Lufthansa Group, the biggest airline group in Europe, is introducing a so-called Environmental Cost Surcharge of up to $77.20 (72 euros)...

Pension and investment funds dropping coal companies from their portfolios will not make a difference for the world’s efforts to get to net...

Surging labor and construction costs are plaguing some major U.S. LNG export projects, threatening to delay new LNG supply to international...

Coal imports into Asia this month are expected to remain strong despite a slight decline in coal demand from China and India—the biggest imp...

Canada may follow the example of the EU and the U.S., and impose import tariffs on Chinese electric vehicles, Reuters has reported, citing f...

The U.S. Supreme Court has decided to hear a case that could have far-reaching implications for future energy infrastructure projects in the...

The signing of a 20-year deal for the U.S.’s NextDecade Corporation to sell liquefied natural gas (LNG) to Saudi Arabia’s flagship company,...

Last week, crude oil futures finished the week higher on indications of stronger U.S. demand and a rising perception of risk from a wider Mi...

It may be pleasant to think that the economies that are “on top” now will stay on top forever, but it is doubtful that this is the way the e...

Barely a couple of years ago, setting climate targets and emission reduction plans was de rigueur in the business world. There was a veritab...

Russian firms shipped tens of thousands of tons of wheat and peas out of occupied parts of Ukraine in 2023 to EU member Spain, NATO member T...

Saudi Arabia has signed a $1.5-billion deal with Siemens Energy for two gas-fired power plants that will produce electricity for the Kingdom...

As of early last week, Elon Musk's SpaceX had completed 356 launches, 319 landings, and 290 relights, according to flight data from Fox News...

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) rose 4.09% from May to June. Aluminum prices outperformed all other base me...

The year-long efforts of Abu Dhabi National Oil Company (ADNOC) to acquire German chemicals firm Covestro moved a step closer to a successfu...

Lackluster diesel demand in the United States has weighed on oil market sentiment and oil prices in recent months. U.S. diesel demand has be...

Canada’s newly expanded Trans Mountain pipeline is now prompting American refiners on the West Coast to swap more expensive Iraqi crude with...

Twenty-two workers were killed in a fire that followed a series of explosions at a lithium battery factory just outside of Seoul, South Kore...

Virtually all British banks have stopped financing smaller independent oil and gas producers, responsible for the bulk of output and investm...

The United States kept its number one spot on EY’s Renewable Energy Country Attractiveness Index in the latest ranking of the world’s top ma...

Mexico’s newest refinery, the long-delayed Olmeca processing facility with a planned capacity of 340,000 barrels per day (bpd), is unlikely...

I have noted in recent articles that U.S. oil production is presently at about the same level it was 10 months ago. In August 2023, the U.S....

Enbridge is teaming up with a consortium of First Nations to develop a wind power project in Canada’s Saskatchewan province in the first Ind...

The international oil companies operating in Nigeria are seeking to undermine the operations and profit margins of Africa’s largest refinery...