OILPRICE

The UK government needs to replace the current windfall tax on North Sea oil and gas operations as soon as practically possible and not wait...

President Donald Trump has threatened Iran with bombings and sanctions if the two fail to reach an agreement on a new nuclear deal that woul...

China’s state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million t...

President Donald Trump has threatened secondary sanctions on Russia’s energy industry if Washington and Moscow fail to seal a ceasefire deal...

After more than a decade of relentless drilling in the top U.S. oil-producing basin, the Permian, some areas have hit geological limits whil...

China has carved out a dominating role in Central Asia’s electronic vehicle market. Now, Beijing is looking to replicate its success in the...

Steel billionaire Lakshmi Mittal is set to leave the UK, as a direct result of a government crackdown on non-domiciled residents, in favour...

India has been investing heavily in the development of its renewable energy sector in recent years to support a green transition. While the...

Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one singl...

What happened to China’s AI boom, which just a matter of months ago was in full tilt and bursting at the seams? Last year saw millions of hi...

During his first two months in office. U.S. President Trump has made several threats to impose tariffs on trade partners who do not purchase...

Via Metal Miner   Much like neighboring China has been doing for decades, India is now making inroads into the African continent to mine cop...

As the world becomes more globalised, the idea of power-sharing is growing more popular.  Several countries around the globe already have in...

Last month, U.S. oil and biofuel groups banded together in an unlikely alliance to protest chaos and uncertainty in the nation’s biofuels po...

The Ukrainian government said it is still considering a draft agreement from the United States on the country's minerals amid media reports...

It looks like Ferrari is ready to try and stick it to President Trump and his newly imposed auto tariffs... The automaker put out a press re...

The EU’s ban on re-exporting Russian LNG is now officially in effect. It essentially halts ship-to-ship transfers at EU ports meant for thir...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes publis...

Europe is taking advantage of weak Asian demand for liquefied natural gas and has boosted its LNG imports to the highest level ever for this...

The Chinese Market Becomes Venezuela’s Last Resort - China is shaping up to be Venezuela’s last resort of exporting crude oil as the tighten...

The United States and Ukraine have not agreed yet on any draft of a minerals deal, Ukrainian officials said on Friday amid reports that the...

The price of Russia’s ESPO crude blend, the flagship grade exported from the Russian Far East, slumped to the lowest level since June 2024 a...

India is weighing the option to scrap its import tax on American liquefied natural gas to increase U.S. LNG imports and reduce its trade sur...

Saudi Arabia, the world’s top crude oil exporter, is expected to slash the price of its oil loading for Asia in May to the lowest level in t...

Kuwait has approved a financing and liquidity law that will allow one of OPEC’s top producers to return to the debt market after eight years...