OILPRICE

U.S. oil and gas giant Exxon Mobil Corp. (NYSE:XOM) has unveiled plans to increase spending to $28-$33 billion annually with a goal of lifti...

Crude oil production from all OPEC members rose by 104,000 barrels per day (bpd) in November compared to October, the organization’s Monthly...

OPEC has cut oil demand growth forecasts for 2024 and 2025 for a fifth straight month, with the latest cut so far the deepest. OPEC has cut...

Crude oil prices fluctuated today after the Energy Information Administration reported an estimated inventory decline of 1.4 million barrels...

Russian pipeline natural gas supply to Europe via Ukraine remained stable on Wednesday, three weeks before the deal for transiting the gas v...

This year’s plunge in lithium prices has forced curtailments in production in China and Western Australia as lithium miners look to limit lo...

Yamal LNG, the plant of Russian LNG developer and exporter Novatek, has begun using the Axios II tanker for ship-to-ship transfers in the Ba...

U.S. clean energy investor Acadia Infrastructure Capital is launching a coalition with tech giant Microsoft as an anchor investor as part of...

Intraday power prices in Germany jumped and natural gas-fired electricity generation rose to a two-year high this week as low wind speeds co...

Nigeria’s oil production has been recovering in recent months and hit its highest level for 2024 in November with a total of 1.7 million bar...

U.S. electricity consumption is expected to reach all-time high levels this year and then again in 2025, according to the latest estimates b...

The Biden administration is mulling over additional sanctions against Russia’s oil industry ahead of President-elect Donald Trump’s inaugura...

Crude oil prices began trade with a gain today as traders turned their attention to U.S. monetary policy and China’s latest move to accelera...

Over the past couple of years, the nuclear energy sector has enjoyed a renaissance in the U.S. and many Western countries thanks to the glob...

The biggest solar equipment manufacturers in China, which have been grappling with overcapacity, very low prices, and losses for more than a...

Carbon could become a trillion-dollar asset class by the middle of the next decade, as governments and companies increasingly turn to market...

Crude oil inventories in the United rose by 499,000 barrels for the week ending November 29, according to The American Petroleum Institute (...

ExxonMobil is shifting into high gear with its P’nyang gas field in Papua New Guinea (PNG), fast-tracking the project by “years sooner than...

Via Metal Miner ThyssenKrupp Steel (TKS) recently announced plans to cut up to 11,000 positions. In a blow to the struggling EU steel market...

President-elect Donald Trump said Russia and Iran are in a "weakened state" and called on Kremlin leader Vladimir Putin to end the nearly th...

The price of battery packs for electric vehicles has dropped this year by the most since 2017 as oversupply from China and cheaper lithium p...

In is exceptionally difficult to imagine Saudi Arabia’s Crown Prince Mohammed bin Salman and his United Arab Emirates (UAE) counterpart Shei...

Just five states produced more than 70% of the record U.S. natural gas marketed output last year, with Texas accounting for over one-fourth,...

After enjoying a rare budget surplus in 2022 amid high oil prices, most Gulf Cooperation Council (GCC) economies have seen their budget defi...

As the EU and the UK are looking to reset their post-Brexit relationship, the European Union’s executive arm, the European Commission, has t...