OILPRICE

A nuclear reactor was shut down after a severe abnormal event at the Olkiluoto nuclear power plant with elevated radiation levels inside the...

Solar power is heading into a golden age thanks to an unlikely culmination of forces. A new axis of energy has emerged with the United State...

China must shut down by 2045 at the latest all coal power plants operating without carbon capture if Beijing is to meet its goal to become “...

Brent Crude oil prices are likely to stay close to current levels next year, range-bound at around $45 a barrel due to uneven demand recover...

Sharply weaker oil prices and the COVID-19 pandemic are weighing heavily on the outlook for crude oil. It is not only U.S. shale oil and gas...

Australia is confident it could hit its emission reduction targets for 2030 without resorting to the use of credits for achieving targets un...

The Mexican government is mulling over additional tax relief measures for state energy giant Pemex to help it reduce the biggest debt load i...

The closure of several refineries in the United States in recent months sent the total petroleum refining capacity down to its lowest level...

Employees of Shell’s Nigeria subsidiary SPDC ordered the deliberate vandalization of oil pipelines to profit from them, according to a Dutch...

Brent Crude hit $50 a barrel on Thursday morning for the first time since oil prices crashed in early March, as hopes of swifter-than-though...

Every time Berkshire Hathaway founder and CEO Warren Buffett buys or sells a stock, the investing world tends to sit up and take notice. Tha...

2020 has been an absurd year in many ways, but some sectors are thriving in a chaotic market as billionaire investors, institutions, and esp...

The $226-billion New York State Common Retirement Fund is undertaking a review of all energy companies it is invested in, to assess their re...

The oil-producing subsidiary of Russian state gas giant Gazprom, Gazprom Neft, has announced that it plans to launch a fourth well at the Sa...

Oil prices were little changed on Wednesday afternoon despite a massive inventory build reported earlier in the day by the Energy Informatio...

One of the world’s biggest commodity traders, privately held Trafigura, delivered record core earnings in what became its strongest trading...

It was only to be expected that many of the world’s refiners would be pinched between low demand for finished products and rising inventorie...

Some of the world’s biggest oil corporations have boosted their earnings in recent years by paying very little or no taxes at all on profits...

"There is a massive amount of lithium on earth...there really is enough lithium in Nevada alone to electrify the entire U.S. fleet." Elon Mu...

The Kurdistan Regional Government (KRG) will comply with the recent Iraqi federal fiscal deficit bill under which the semi-autonomous region...

The world is on track to run out of sufficient oil supplies to meet its needs through 2050, despite lower future demand due to the Covid-19...

Venezuelan dictator Nicolas Maduro has accused the Central Intelligence Agency and the National Security Agency of corrupting hundreds of oi...

While oil-producing nations are scrambling to plug budget shortfalls after the price crash, oil importers are benefiting from the low oil pr...

The spread between March and April natural gas futures collapsed to zero on Tuesday. The spread is critical in gauging how tight supplies wi...

Following Denmark’s announcement to halt its North Sea production last week, activists and regulators are calling on the U.K. to do the same...