OILPRICE

Russia will be cutting oil production instead of exports in the second quarter of 2024 so that all OPEC+ producers that reduce output contri...

For the Qatar 2022 World Cup, the government promised to make the tournament as green as possible through green public transport, massive re...

Russia’s government doesn’t plan to ban diesel exports again, Deputy Prime Minister Alexander Novak said on Friday, after Ukrainian drone at...

The solar manufacturing boom in China and the domestic competition for market share are prompting some manufacturers of solar components to...

Via Metal Miner   Liberty Steel recently won a contract to supply pipelines from its Hartlepool steel manufacturing site in the United Kingd...

A Japanese district court on Friday rejected petitions from residents and allowed five ageing nuclear reactors in central Japan to continue...

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes...

Electric carmaker Fisker is doing everything it can to try and not wind up roadkill on the EV highway amidst industry-wide price cutting and...

The recent rally in oil prices is pushing the benchmarks towards a quarter of gains thanks to the OPEC+ output cuts. Friday, March 29, 2024...

ExxonMobil and China National Offshore Oil Corporation (CNOOC) have merged their arbitration claims against Chevron’s takeover of Hess’s sta...

Indonesia plans to boost its nickel production despite falling prices resulting from ample supply that are forcing some miners to shut down...

Coal exports from the United States may decline as a result of the suspension of marine traffic from the port of Baltimore following the col...

The board of directors of Hess Corp. unanimously recommended that shareholders vote in favor of the merger with Chevron. That’s according to...

U.S. Treasury Secretary Janet Yellen has revealed that she intends to warn Beijing that its national underwriting for energy and other compa...

A pick-up in freight activity around the world is tightening fuel markers and could cause a shortage of diesel that was barely avoided last...

India has applied to the International Seabed Authority (ISA) for two new licenses to explore parts of the Indian Ocean sea bed for minerals...

U.S. benchmark crude gained over $2 on Thursday as U.S. crude inventories tightened and OPEC+ vowed to keep the output cut status quo as ten...

There has been increasing talk about the potential for hydrogen flight in recent years, as aviation companies look to decarbonise their oper...

Chalmers University of Technology researchers have developed an environmentally friendly method for recycling and purifying metals. Using go...

A lot of Europeans will be passing through Turkmenistan this year. So says Foreign Minister Rashid Meredov. Meredov last week embarked on a...

University of Nottingham researchers have successfully transformed CO2 into methanol by shining sunlight on single atoms of copper deposited...

More than 40% of Citigroup’s clients lack a “substantive plan” for cutting their emissions to align with net-zero ambitions or are unlikely...

A group of warships from Russia’s Pacific Fleet have crossed the Bab el-Mandeb Strait and have entered the Red Sea, Russian state media repo...

Rising crude imports from Russia in Asia’s top importers, China and India, are estimated to push total Asian oil imports to a 10-month high...

More than 20% of the total global refining capacity is at some risk of closure as refining margins are set to weaken alongside demand, while...