OILPRICE

Xi Jinping, China’s President, this weekend announced more ambitious emissions-cutting targets for the next ten years as well as new targets...

Continued low demand for jet fuel will account for 80 percent of next year’s 3.1-million-bpd gap in oil demand compared to pre-pandemic leve...

Structural underinvestment in oil and gas will put upward pressure on oil prices, Goldman Sachs’ commodities chief Jeffrey Currie told CNBC...

OPEC has lowered its oil demand forecast for 2020 again, according to the latest version of the Monthly Oil Market Report released on Monday...

It’s been a tough year for energy pipelines that carry oil and gas from source points to distribution and export terminals. In recent weeks,...

The Libyan government recognized by the UN has told Libyans not to panic and queue at gasoline stations in the country because there is enou...

Electric vehicles are getting more advanced and more accessible all the time. As charging infrastructure proliferates and vehicle technology...

The biggest van and truck manufacturers in Europe have committed to phasing out traditional combustion engines running on diesel by 2040, te...

When Bank of America proclaimed it would no longer finance Arctic oil and gas drilling, it was just the latest in a string of banks virtue-s...

The growing oil boom in the offshore Guyana-Suriname Basin continues to gain pace. After making a series of spectacular discoveries in offsh...

The United Kingdom will end direct government support to oil, gas, and coal project overseas as soon as possible, as part of the country’s a...

Texas, once the undisputed and seemingly infallible powerhouse of the United States’ energy sector and the world’s shale markets, is struggl...

The rising popularity of electric vehicles (EVs) is often praised as the road to helping the world to reduce emissions. Yet, the advocates o...

“PEAK OIL IS SUDDENLY UPON US” blared a Bloomberg Green headline earlier this month. While the COVID-19 pandemic has been devastating for ma...

A bevy of Royal Dutch Shell’s top clean energy executives picked up and resigned from the energy giant. They quit shortly before Shell was s...

ExxonMobil plans to reduce the greenhouse gas emissions from its global upstream operations by 2025, in support of the Paris Agreement, the...

Iran has brought a fire caused by an oil pipeline spill under control, local media reported. An oil pipeline ruptured on Sunday because of a...

Having just recently agreed a new production quota, which along with vaccine hype has spurred oil prices to their highest since March, OPEC...

A Texas-based oil company that ordered jackets for its employees from The North Face was rejected because it was an oil firm, with its CEO p...

An explosion rocked a Singapore-flagged oil tanker at the Saudi Red Sea port of Jeddah, according to multiple media reports. The United King...

Oil prices rose early on Monday after the U.S. FDA approved the Pfizer-BioNTech vaccine for emergency use and shipments of batches of vaccin...

Amazon has announced 26 new utility-scale wind and solar energy projects, making it the largest-ever corporate purchaser of renewable energy...

As the United States and Europe falter under the weight of ever-increasing coronavirus cases and a general lull in markets, the health of th...

There is no better gift for the car enthusiast this Christmas than half a million dollars in luxury EVs … for the price of one.  A Tesla Mod...

When the European Union tied its pandemic relief plan to renewable energy generation and emissions reduction targets, analysts sounded an al...