OILPRICE

The heightened oil market and macroeconomic uncertainties in recent weeks are baffling not only analysts. Halliburton, the oilfield services...

  Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a sta...

Oil prices declined on Wednesday even amid reports that the White House is contemplating significant cuts to tariffs on Chinese imports, a m...

Although Armenia has tried to mend strained relations with Russia in recent weeks as part of a broader effort to get Azerbaijan to sign a pe...

Via Metal Miner The UK Parliament recently passed a law allowing the government to take control of British Steel, a major player in the loca...

Blue Origin’s star-studded space flight caused more backlash than awe, but is all space tourism frivolous? Two writers hash it out in this w...

The latest U.S. sanctions on Iran suggest a “lack of goodwill and seriousness” from the United States in the talks with Iran over its nuclea...

The ongoing trade war is poised to deliver a negative shock to US growth, prompting the International Monetary Fund to slash its 2025 foreca...

The world installed a record-high wind power capacity last year, but this isn’t enough to meet the goal of tripling renewable energy capacit...

Top-level Ukraine peace talks that were set to take place in London have been abruptly postponed, Britain's Foreign Office said, after sever...

Chinese state-controlled refining giant Sinopec has returned to buying Russian crude oil after halting purchases last month due to concerns...

Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national interests rath...

Crude oil inventories in the United States saw an increase of 200,000 barrels during the week ending April 18, according to new data from th...

Oilfield service major Baker Hughes is going to be cautious about its financial performance outlook this year, due to “broader macro and tra...

Oil prices dipped approximately 0.9% after starting the morning in the green, with Brent crude at $66.83 and WTI at $63.12, driven by Kazakh...

Mexico’s new refinery, Olmeca, exported in early April the first cargo of ultra-low sulfur diesel (ULSD) as the refinery is slowly starting...

Natural gas producer EQT Corporation has agreed to buy upstream and midstream assets of Olympus Energy for $1.8 billion in a deal that would...

The world’s largest crude oil exporter, Saudi Arabia, and the third biggest importer, India, agreed on Wednesday to enhance cooperation in t...

Solar power generation in Europe is set for a record year, if first-quarter solar output is anything to go by.  Electricity generation from...

Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “...

The tariff war that President Trump started earlier this year could affect the Louisiana LNG project, its majority owner, Woodside Energy, h...

Turkey is currently in talks to explore for oil and gas in Bulgaria, with similar plans for exploration in Iraq and Libya, Turkish Energy Mi...

The global automotive industry could soon start reeling from one of China’s boldest moves in the trade war—restricting exports of several ra...

Plastics manufacturers in China are facing some tough times ahead due to their dependence on imports of U.S. feedstock. These imports are al...

On an international scale, researchers have been hard at work making magnesium batteries a feasible replacement for lithium-ion batteries an...