OILPRICE

Passenger electric vehicles are not the only alternative in the transportation sector that are poised to displace part of China’s oil demand...

The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is sh...

Citi analysts have painted a bleak picture for the oil market, forecasting a significant price drop by 2025. According to their latest note,...

Crude oil prices moved lower today, after the U.S. Energy Information Administration reported an estimated inventory increase of 3.7 million...

Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more...

Last week, the CEO of BYD Company Ltd (OTCBB: BYDDY) Wang Chuanfu scoffed at Western nations adopting a protectionist stance against China's...

Oil demand growth is set to slow in the coming years and global demand will peak in 2029, while rising production will lead to a major glut...

Some U.S. West Coast refiners have flagged concerns about the high sulfur and acidity content and high vapor pressure of the initial crude f...

Europe’s benchmark natural gas prices jumped by 3% on Wednesday morning after German energy giant Uniper terminated its Russian gas supply c...

From July, the European Union is set to impose additional tariffs of up to 25% on imports of China-made electric vehicles as part of its inv...

Switzerland’s lower house of Parliament is voting on Wednesday whether to reject an order by the European Court of Human Rights demanding th...

The European Union is mulling over sanctions for Sovcomflot, Russia’s shipping giant, in its latest attempt to squeeze government revenues....

Alberta’s government has shut down a so-called energy war room, officially known as the Canadian Energy Centre, five years after it first fl...

The 13 August 2020 U.S.-brokered relationship normalisation deal between Israel and the United Arab Emirates (U.A.E.) underlined how importa...

Saudi Arabia’s oil giant Aramco looks caught between a rock and a hard place. It seeks to win over new investors, especially foreign ones, w...

Crude oil inventories in the United States fell this week by 2.428 million barrels for the week ending June 7, according to The American Pet...

ConocoPhillips announced plans to acquire Marathon Oil Corporation through an all-stock transaction valued at $22.5 billion, including $5.4...

Despite all the headlines about the surge of the populist right, the main takeaway from the European Parliament elections is that the three...

Mexico's National Hydrocarbons Commission (CNH) announced on Tuesday that the nation's total proven hydrocarbon reserves, encompassing both...

Via Metal Miner 2024 will be a year of big elections, particularly for the United Kingdom and the United States. Amid what many experts cons...

The U.S. Energy Information Administration (EIA) released its June 2024 Short-Term Energy Outlook (STEO) today. The EIA expects U.S. crude o...

China and the five states of Central Asia are creating a mechanism to improve responses to natural disasters.  The heads of emergency-respon...

OPEC’s crude oil production rose by 29,000 barrels per day (bpd) in May compared to April as the OPEC+ group headed for the crucial June 2 m...

With summer heating up, Donald Trump promising more deregulation if he wins, and record storms causing blackouts leaving multitudes in swelt...

The deadline for submitting binding bids for the parent company of Venezuelan refiner Citgo Petroleum is expiring on Tuesday while the deadl...