OILPRICE

Many years ago a civil engineer explained to me the wisdom of taking solid biological residues from sewage treatment plants—dubbed biosolids...

Oil supermajor Shell won a reprieve for Wild Coast offshore exploration after a South African appeals court suspended an earlier ruling from...

The shift is limited in scope, allowing Ukrainian forces to use short-range missiles from HIMARS launchers, or artillery, to hit command-and...

Rongsheng Petrochemical has become the latest refiner in China to have purchased crude oil delivered to Canada’s Pacific coast via the expan...

Brent crude was trading down well over 3% on Monday, marking the first time the global benchmark has been below $80 since February, with the...

The largest trade unions in Nigeria shut down on Monday the country’s power grid in an indefinite nationwide strike over the minimum wage. T...

The merger mania in the U.S. shale industry has set the stage for steadier oil prices, analysts say. As producers become bigger, they focus...

Following a clampdown in Greece, ship-to-ship transfers of Russian oil have moved further west in the Mediterranean, just off the eastern en...

America's transition to a decarbonized economy demands massive base metals and rare Earth minerals. Currently, China dominates the rare Eart...

South Korea’s President Yoon Suk Yeol endorsed on Monday a plan for drilling off the east coast of one of the world’s largest oil and gas im...

Russia’s giant Gazprom saw its natural gas exports via pipeline to Europe soar by 39% year-over-year in May, according to estimates by Reute...

European natural gas prices surged on Monday to the highest level in six months as supply from Norway crumbled amid unplanned outages. The D...

Surging solar and wind electricity output displaced one-fifth of the European Union’s fossil-fuel power generation between 2019 and 2023, en...

A fire broke out yesterday at a refinery run by Russia’s Lukoil in the northern Komi Republic, resulting in two fatalities, Reuters reported...

The sale of 1.5 billion shares in Saudi Aramco, which launched on Sunday, has drawn demand that exceeded the supply of stock, Reuters has re...

In March 2024, US diesel demand plummeted to its lowest seasonal level in 26 years, driven by a significant slowdown in economic growth. Acc...

OPEC and its partners in OPEC+ this weekend decided to extend their production cuts, including both voluntary and group-wide cuts, until 202...

After three years of extreme volatility, many experts predicted that commodities prices would broadly stabilize in 2024. However, adverse we...

This week saw BHP’s last attempt to acquire fellow miner Anglo American fail. The negotiations had lasted six weeks, the offer prices were h...

Despite its longstanding reliance on coal, Australia is steadily transitioning away from fossil fuels to greener alternatives. The governmen...

Russia’s invasion of Ukraine and the temporary blockage of its Black Sea ports have redirected the flow of grain from "the world's breadbask...

The U.S. oil industry saw its latest announcement of a big merger this week after ConocoPhillips said it had agreed to buy Marathon Oil in a...

Via Metal Miner India’s steel industry currently finds itself in a stressful predicament. Already reeling from cheap steel imports, the coun...

There has been a lot of talk about moving away from natural gas stoves in favour of greener fuels over the last couple of years. Some cities...

Authored by Mike Maharrey via Money Metals, Could the world be creeping closer to a monetary gold standard? Steve Forbes sees signs that it...