OILPRICE

Western governments have been nurturing an EV market for years. They have had quite some success. But now they have to deal with lost fuel d...

Oil prices have pulled back sharply in the month of May with prices posting their steepest weekly loss in three months. The front-month cont...

Exchange traded funds (ETFs) that invest in stocks related to the energy transition have outperformed the major funds tied to oil and gas fi...

Companies worldwide are increasingly opting to use carbon credit schemes to offset their emissions, as governments urge them to decarbonise...

Demand for gasoline and diesel in the United States has plunged to its lowest seasonally since the onset of the COVID pandemic, according to...

Increased adoption of electric vehicles in the United States and China is expected to put a major dent in gasoline demand growth this year....

Via Metal Miner ThyssenKrupp recently announced plans to create a 50/50 joint steel manufacturing venture with the Czech Republic’s EP Corpo...

Canadian Utilities Ltd has announced it will build a billion-dollar pipeline in Alberta to transport natural gas as demand soars amid indust...

The world is experiencing a nuclear renaissance. Uranium prices are soaring as the world snaps up nuclear fuel, public favor for nuclear pow...

Russia advanced into eastern Ukraine, taking two villages in two regions, Moscow said on Wednesday, in the aftermath of over 70 drone and mi...

In what appears to be just the latest 'lawfare' angle of attack against Elon Musk (and his freedom of speech enabling platform), President B...

Norway is expanding the acreage in the Barents Sea and the Norwegian Sea, for which companies vying for licenses in mature areas can bid thi...

Nigeria launched this week a new oil and gas licensing round, inviting bids for as many as 12 onshore and offshore blocks and promising tran...

Crude oil prices remained little changed today after the U.S. Energy Information Administration reported an inventory draw of 1.4 million ba...

The Chinese authorities have issued draft guidance on new rules for the domestic battery industry, which appear to be targeting to address t...

As BP looks to please shareholders with higher returns and stock valuations, the UK-based supermajor is suggesting that a previous goal to r...

Abu Dhabi’s national oil company ADNOC has signed a new deal to supply LNG from a planned large export facility to a German firm. ADNOC anno...

The biggest state utilities in Poland are preparing for a surge in clean energy investments in 2025, hoping that the government would move a...

Renewable energy accounted for a record 30% share of electricity generation globally last year, driven by growth in solar and wind power, cl...

Suncor has become the latest oil major to report forecast-beating figures for the first quarter, benefiting from robust demand for refined o...

Iran is using the help of service providers based in Malaysia to sell its oil abroad circumventing U.S. sanctions, according to a U.S. gover...

Over the past two years, the U.S. and its Western allies have imposed a raft of sanctions on Russian energy commodities, including a $60-a-b...

Oil prices slumped by $10 per barrel in a month, from above $90 Brent in early April to the low $80s, as tensions in the Middle East subside...

Meeting global climate goals will require an unprecedented buildout of energy infrastructure in terms of both speed and scale. And while the...

Crude oil inventories in the United States rose this week by 509,000 barrels for the week ending May 3, according to The American Petroleum...