OILPRICE

It seems that every now and again someone in Iraq’s Oil Ministry realises how much oil the country has left undeveloped and what a good idea...

Oil markets are bracing for impact as President Trump’s aggressive trade and energy policies create fresh uncertainty. Prices have been on a...

In early December, China announced curbs on the exports of three critical minerals, including antimony, gallium, germanium, and several othe...

The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by 5.025 million barrels for the week ending...

President Donald Trump withdrew from the Paris Agreement. Cue the leftwing meltdown. Though everyone knew the withdrawal was coming, the lef...

Armenian Prime Minister Nikol Pashinyan is sending signals designed to place the Armenian-Azerbaijani peace process back on the front burner...

The European Commission last week sent out to EU member states its proposal for the next round of sanctions on Russia and Belarus, with a go...

Via Metal Miner According to the World Steel Association, global crude steel production in 2024 declined by about 1% year-on-year. With the...

India reduced its imports of coal in 2024. On the face of it, this would have been wonderful news for power sector emissions in the world’s...

Ukraine launched another large-scale drone attack on Russian territory overnight targeting oil refineries and infrastructure. Russia's defen...

Oil prices took a sharp turn today as traders weighed President Trump’s latest “maximum pressure” push against Iran. Brent crude rose to $76...

Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloadin...

While potential tariffs on Canada and Mexico have been making all the headlines recently, it is the threat of a prolonged trade war between...

Following a power outage, Equinor on Tuesday suspended all production at the huge 755,000-bpd Johan Sverdrup oilfield in the North Sea, West...

The UK government is seeking legal advice on whether a 2020 commitment to finance the $20-billion Mozambique LNG project with $1.15 billion...

Japanese trading giant Mitsui, which has investments in LNG projects globally, could consider supporting a planned $44-billion LNG export pr...

China has struck back at Trump’s latest tariffs on Chinese imports into the United States, announcing today a 15% levy on imports of U.S. li...

Just two days after announcing sweeping sanctions of 25% on almost all Canadian imports as well as all Mexican imports, President Trump prom...

The United States has no alternative crude oil supplier that could replace Canada, energy investor Eric Nuttall told Bloomberg this week, ar...

Following the sudden removal of longtime Syrian President Bashar al-Assad from office on 8 December, the new caretaker government has issued...

President Donald Trump campaigned on the promise of “unleashing U.S. energy dominance,” but the reality is that the United States has alread...

Mexico’s President Claudia Sheinbaum has announced that U.S. tariffs are on hold for one month after she held talks with President Trump and...

In 2023, Georgia’s government banned the re-export of automobiles to Russia, a move intended to align with international sanctions against M...

It’s not yet clear whether Trump’s threat of tariffs on the EU are intended as a shock and awe tactic to boost US exports or a more consider...

In 1865 British economist William Stanley Jevons explained to the public that increased efficiencies in the use of resources per unit of pro...