OILPRICE

January U.S. crude oil production was down 305,000 barrels per day, hitting 13.15 million bpd, a level it hasn’t dipped down to in over a ye...

When Donald Trump returned to the White House, he did so on the promise, among others, of unleashing U.S. energy dominance. This was good ne...

The "America First" slogan often used by candidate Donald Trump in his first and second presidential campaigns might sound on its surface to...

Equinor's Johan Castberg oilfield in the Arctic Barents Sea began production on Monday to a great deal of fanfare after several delays, with...

Varo Energy, owned by the world’s biggest independent oil trader, Vitol, and the Carlyle Group, has reached a deal to buy Swedish refiner Pr...

U.S. benchmark crude oil prices soared 2.65% on Monday, with West Texas Intermediate (WTI) hitting $71.20, up $1.84 at 11:47 a.m. ET on fear...

South Africa has allowed eight coal-fired power plants run by state-owned utility Eskom to exceed air pollution and emissions limits this de...

Historically, economic progress has been driven by seismic shifts in how we value things. From the agrarian economies that once sustained ea...

Following several months of delays due to inclement winter weather in the waters in Norway’s Arctic, Equinor started up the Johan Castberg o...

US President Donald Trump threatened Russia with new tariffs on oil products if Moscow blocks his cease-fire initiatives, while he also said...

The OPEC+ group’s production increase and expectations of weaker demand growth due to the U.S. tariff policies and potential economic slowdo...

The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, will buy 49% in two offshore wind farm developments of RWE for a...

The U.S. Treasury has revoked a license for French oil firm Maurel & Prom to operate in Venezuela and is no longer allowing firms to receive...

The UK government needs to replace the current windfall tax on North Sea oil and gas operations as soon as practically possible and not wait...

President Donald Trump has threatened Iran with bombings and sanctions if the two fail to reach an agreement on a new nuclear deal that woul...

China’s state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million t...

President Donald Trump has threatened secondary sanctions on Russia’s energy industry if Washington and Moscow fail to seal a ceasefire deal...

After more than a decade of relentless drilling in the top U.S. oil-producing basin, the Permian, some areas have hit geological limits whil...

China has carved out a dominating role in Central Asia’s electronic vehicle market. Now, Beijing is looking to replicate its success in the...

Steel billionaire Lakshmi Mittal is set to leave the UK, as a direct result of a government crackdown on non-domiciled residents, in favour...

India has been investing heavily in the development of its renewable energy sector in recent years to support a green transition. While the...

Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one singl...

What happened to China’s AI boom, which just a matter of months ago was in full tilt and bursting at the seams? Last year saw millions of hi...

During his first two months in office. U.S. President Trump has made several threats to impose tariffs on trade partners who do not purchase...

Via Metal Miner   Much like neighboring China has been doing for decades, India is now making inroads into the African continent to mine cop...