OILPRICE

Fewer and fewer Canadian consumers are considering buying an electric vehicle as their next car, an AutoTrader survey has shown.  For the th...

Iran and Russia are enhancing further their energy cooperation as Russian companies signed a deal to develop oilfields in Iran and the count...

A growing number of Russian insurance firms, some of which sanctioned by the U.S., have applied with India’s authorities to insure tankers s...

The U.S. Interior Department has introduced changes to pressure difference requirements in offshore drilling in a bid to stimulate greater p...

New oil well drilling in Russia has accelerated to the fastest in five years despite the recent oil price decline, Bloomberg has reported, s...

Crude oil prices were about to end the week with another loss following a report that OPEC+ may be considering another larger than initially...

In 2020, British Columbia approved LNG Canada, the first megaproject of its kind to get the green light in this Canadian province. LNG Canad...

Russia is boosting its crude oil exports, with shipments to China and India rebounding as traders and buyers have reshuffled tanker supply c...

Just a few years ago, China’s energy-storage industry was riding high on a sugar rush of subsidies, soaring demand, and sky-is-the-limit opt...

Iraq is moving to achieve energy security by diversifying its energy sources and reducing reliance on imports of Iranian electricity and nat...

Over the past three years, Western OEMs have retrenched to core markets, aiming to restore profitability after years of margin pressure. Inp...

Financial hubs are ditching green finance, fresh research shows, after President Donald Trump’s return to the White House triggered a global...

In the space of ten days, U.S. Energy Secretary Chris Wright has gone from full-throttle shale hype-man to waving the red flag on oil prices...

A somewhat cryptic social media post by the US Embassy in Armenia indicates the United States is maneuvering to build the Caucasus state’s n...

China's halt on a wide range of critical minerals and magnet exports in retaliation for U.S. tariffs has disrupted some of Elon Musk's plans...

Russia is expected to see its oil and gas revenues for April slump by 22% from a year ago, amid lower oil prices and a stronger local curren...

An Easter truce that wasn’t. The United States threatening to walk away from peace talks. Washington considering recognizing Russian control...

Oil prices rose early on Thursday, recouping some of Wednesday’s losses, after signs emerged that there could be some tariff and trade talks...

Amid the oil price crash and macro headwinds, Eni SpA (NYSE: E) on Thursday reduced its capital expenditure plans for 2025 and vowed to cut...

Oil prices climbed on Thursday as investors considered potential OPEC+ output hikes and positive US-China trade talk developments. Kazakhsta...

Chevron plans to begin drilling an exploration well offshore Namibia, where several international majors have found huge oil and gas resourc...

The energy committee at the European Parliament supported on Thursday the EU member states’ proposal to give more flexibility to the natural...

Electricity prices in Europe are falling this spring from two-year highs in the winter of 2025 as natural gas prices fall and renewable powe...

Indian energy importers have reduced the volume of liquefied natural gas they buy from abroad as prices trend higher. Instead, they are buyi...

Importers of liquefied natural gas in Japan are bracing for the possibility that long-term supplies from one of the world’s top exporters co...