OILPRICE

The U.K. government has ambitious plans for the rapid expansion of the country’s nuclear energy sector, with two nuclear plants slated for t...

Ahead of the OPEC+ Sunday meeting, Reuters has cited three unnamed cartel sources as saying that a rollover to the end of the year of the ex...

The Asia Pacific (APAC) region is rapidly emerging as a key player in the carbon capture and storage (CCS) sector. Asian countries are inten...

Spain should support its domestic natural gas-fired power plants to be available to provide electricity when needed, and such regulation is...

Crude oil prices sunk following the Energy Information Administration’s report of an estimated inventory decline of 4.2 million barrels for...

Germany will abolish from 2025 a controversial levy on natural gas storage which countries in central Europe have had to pay to get gas pipe...

BHP has abandoned its pursuit of Anglo American today after the London-listed firm refused to offload its South African iron ore business pr...

Algeria’s state-owned energy firm Sonatrach expects to sign in the coming days an agreement with Chevron that is set to boost the country’s...

Record-high crude imports in India have pushed Asia’s oil arrivals in May to the highest level in a year, per data compiled by LSEG Oil Rese...

The European Union member states formally adopted on Thursday a decision to withdraw from a 1990s energy pact that allows oil companies to s...

Saudi Arabia is expected to launch as soon as Sunday a secondary share sale in its oil giant Aramco, Reuters reported on Thursday, quoting s...

Progress in renewable energy uptake in the largest energy-consuming sectors slowed globally in 2023, amid high interest rates, supply-chain...

California could avoid rolling blackouts this summer thanks to a fast buildout in battery storage capacity, the state’s Energy Commission sa...

China this week released policy updates for the energy sector that would allow wind and solar generators in “resource-rich areas” to curtail...

As Cold War-style rhetoric continues to intensify in the wake of Sweden and Finland’s accession to NATO, Hungary’s pro-Russian president Vik...

Over the past two years, Europe has rapidly distanced itself from Russia’s energy commodities in protest to Russia’s war in Ukraine. The Eur...

Battery storage installations last year reached 2,400 GWh. That represented a quadrupling of capacity over four years and was a testament to...

Crude oil inventories in the United States fell this week by 6.490 million barrels for the week ending May 17, according to The American Pet...

Via Metal Miner Liberty Steel recently triggered a review of its downstream flat rolling assets in Western Europe. The firm’s parent company...

A month and a half after we first observed that the world's largest bitcoin fund, Grayscale's GBTC, had lost more than half of its assets si...

Libyan Oil and Gas Minister Mohamed Aoun has resumed his position after being removed from duty in early April pending an investigation into...

The SNP doesn’t want to govern the UK. But it might have a big influence on the next government’s policies. With some polls (albeit somewhat...

Iran will soon launch 32 oil industry projects worth a total investment of $4.6 billion, Iranian Petroleum Minister Jawad Owji said on Wedne...

On May 19, a Ukrainian drone slammed into the 70,000-barrel-a-day Slavyansk oil refinery in southern Russia’s Krasnodar region, sending a fi...

Norway will keep the Nordland county area of the stunning Lofoten and Vesterålen islands off limits for oil and gas exploration and producti...