OILPRICE

It’s been seven decades ever since scientists started working on nuclear fusion technology, with the allure of almost limitless clean energy...

Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petrole...

OPEC's latest World Oil Outlook (WOO) 2024 makes it clear: peak oil demand is not on the horizon. Despite ongoing discussions around transit...

Central Asian countries are taking steps to broaden relations with their southern neighbor, the Taliban-led Afghanistan, despite the hard-li...

Saudi Aramco, the world’s largest oil company, is looking to raise up to $3 billion from U.S.-dollar denominated Islamic bonds, Reuters repo...

China has unveiled its largest set of economic stimulus measures since the pandemic in an attempt to kickstart growth in the world’s second...

Tajik officials have backed off comments that the energy situation in the country is improving, admitting that electricity rationing is bein...

Goldman Sachs expects Brent crude oil prices to see some upside in the fourth quarter, potentially reaching $77 per barrel. The bank's outlo...

Russia is preparing for lower oil revenues resulting from depressed prices along with a more relaxed tax regime, Bloomberg has reported, cit...

Crude oil exports from Libya have crumbled to around 400,000 barrels per day (bpd) this month from 1 million bpd in August as the political...

The United States is exporting gasoline more than any other nation in the world, supplying more than 16% of all exports of the fuel globally...

Oil prices continued to rally on Tuesday morning, with Brent breaking past $75 as another hurricane threatened production in the Gulf of Mex...

Despite cost increases in recent years, renewables remain cost-competitive to fossil fuels as 81% of renewable capacity additions last year...

The United States and Canada are expected to announce they have agreed to begin negotiations over overlapping territorial claims in the Arct...

Masdar, the renewables energy giant of the United Arab Emirates (UAE), on Tuesday announced a planned acquisition of renewable power develop...

The global goal to triple renewable energy capacity by the end of the decade is still within reach, but massive investments in power grids a...

The U.S. shale revolution is over and large gains in production from now on are unlikely. The verdict comes from the chief executive of Quan...

The Federal Trade Commission is expected to grant Chevron approval for its $53-billion takeover of Hess Corp., Reuters has reported, citing...

Traders shorting crude oil are walking into a bear trap as energy demand may well reverse its current course next year, Bank of America anal...

When the Labour Party came into power, it vowed to tax the oil and gas industry more. Warnings this might backfire fell on deaf years. Now,...

From the moment that Iranian proxy terrorist organisation Hamas launched multiple coordinated attacks on Israel on 7 October last year, the...

Shell, Chevron, and Norway’s Equinor have all begun evacuating staff from offshore facilities as the threat of a potential Tropical Cyclone...

Canada and Mexico are rushing to fill the natural gas vacuum left by the United States’ ongoing moratorium on new liquefied natural gas (LNG...

      On Friday (September 20th) Baltimore-based Constellation Energy and Microsoft jointly announced an agreement to reopen the shuttered 8...

The fate of senior Hezbollah leader Ali Karaki, the head of the southern front, remains unknown after he was targeted by an Israeli strike M...