OILPRICE

Nigeria’s crude oil reserves have increased by 1 billion barrels while natural gas reserves have jumped by 2.573 trillion cubic feet (TCF),...

The campaign for institutional investors to divest from oil giants like BP and Shell hasn’t made any progress due to the way index providers...

India’s largest private refiner, Reliance Industries, has sought to resell U.S. WTI crude within weeks of buying it, anonymous trading sourc...

Oil prices have fallen back at the start of this week despite heightened geopolitical risk after Iran attacked Israel with more than 300 mis...

Russia exported the highest level of oil from its ports in 11 months in the week to April 14, as export terminals likely shipped more crude...

German oil and gas production fell again in 2023 compared to 2022, industry association BVEG said on Tuesday, calling for increased domestic...

The Biden Administration is unlikely to attempt to dramatically curtail Iranian oil exports after Iran’s attack on Israel, due to concerns a...

The frontrunner in Mexico’s next presidential elections, Claudia Sheinbaum, will invest billions in new natural gas generation capacity and...

China’s first-quarter economic growth data is out and it’s an expectation beater. The country’s GDP grew at a rate of 5.3% during the first...

The United States will only extend a sanction relief regime for Venezuela if the Maduro government makes progress on commitments undertaken...

The Federal Government of Iraq (FGI) centred in Baghdad several weeks ago ordered the speeding up of crucial repairs to its own oil export p...

Last year, the U.S. made major lithium breakthroughs with the potential to make the country self-sufficient in the critical battery metal fo...

A decade ago, master limited partnerships (MLPs), were a favored investment class for income investors. They have unique tax advantages that...

There were two pieces of recent news which highlight why what was once most often referred to as global warming is now called climate change...

U.S. greenhouse gas emissions rose 1.3% in 2022, reflecting post-COVID economic recovery, but declined 17% since 2005, according to the Envi...

Global warming is causing temperatures to rise at a faster pace in Central Asia than in other parts of the world. Yet a report issued by a w...

Israel convened its war cabinet on Monday morning, vowing a response to what is being described as a direct attack on Israel, despite variou...

Shares of Tesla Motors are muted in the early premarket trading hours in New York after a report from the EV blog Electrek cited an "interna...

Russia has brought back online some oil refining units in recent weeks, reducing the capacity taken offline by Ukrainian drone hits to aroun...

Iran’s attack on Israel on the night of April 13-14, 2024, showed how well the two countries understand each other and recognize that they a...

BP has cut over a tenth of its workforce in its EV charging business, BP Pulse, as the supermajor is downsizing the division and retreating...

While major European banks are competing to announce new policies limiting funding to oil and gas projects, smaller regional U.S. banks have...

Kazakhstan exceeded its oil production quota under the OPEC+ deal by 131,000 barrels per day (bpd) in March, due to the weather and heating...

The energy industry has so far this year been the second-best performer on the U.S. stock market, right after communications. Oil and gas st...

Following the Iranian drone attack against Israel this weekend, the U.S. House of Representatives is set to vote on Monday on several bills...