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The Trump administration is currently formulating a sanctions strategy for Russia which might be better able to foster a peace deal in the U...

Consumption of natural gas in the EU’s third-largest economy, Italy, dropped by 2.5% in 2024 to its lowest level in more than 15 years, powe...

Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the R...

US Refiners Face 2025 Headwinds as Cracks Fall and Geopolitics Complicate Outlook - Following two years of bumper profits, US refiners are b...

The global oil market entered uncharted territory this week as the United States tightened its grip on Russian oil exports through sweeping...

SLB (NYSE: SLB) on Friday boosted its quarterly dividend after reporting higher revenues and earnings beating expectations for the fourth qu...

Weaker fuel demand and depressed refining margins in 2024 resulted in the first annual decline in China’s refinery throughput in over 20 yea...

Diesel prices in Asia, Europe, and the U.S. jumped this week as the latest U.S. sanctions on Russia’s oil industry added to colder winter we...

Indian Oil Corp, the state major, is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions, includin...

Mining giant Rio Tinto and commodity major Glencore last year discussed a possible tie-up of their business, unnamed sources told Bloomberg,...

Crude oil prices were set to end the week with yet another increase, extending a three-week string of gains amid expectations that the lates...

Another year, another set of challenges and dilemmas for OPEC+. The group is set to start unwinding its oil production cuts, but it will hav...

Three years ago, leading Wall Street experts predicted that the world was entering a decade-long commodity supercycle wherein leading commod...

The coal fleet operated by Berkshire Hathaway emits more noxious oxides than competitors, Reuters reported this week, taking aim at one of t...

During the Covid-19 pandemic, when oil prices fell to a record low, millions of oil and gas jobs were cut worldwide. This was owing to a dec...

The US power sector is undergoing a significant transformation this year, with electricity consumption projected to exceed 4,200 terawatt-ho...

Former Lithuanian Foreign Minister Gabrielius Landsbergis offered a clear warning for those who say that China is able to mediate an end to...

Oil prices retreated in Thursday’s trading after Israel and Hamas reached a Gaza ceasefire and hostage release deal following 15 months of w...

The Uzbek government is authorizing measures to diversify trade routes that bypass Russia. A decree issued by Uzbek President Shavkat Mirziy...

Italy’s biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for a "test"...

The European Union is considering lifting wide-ranging sanctions on Syria, including restrictions on the country’s oil and gas sector follow...

A tanker carrying Russian crude discharged at a port operated by Shandong Port Group in east China on Thursday after the Biden administratio...

TotalEnergies expects its fourth-quarter results to have benefited from higher LNG production and prices and stronger gas trading, the Frenc...

Masdar, the clean energy giant of the United Arab Emirates (UAE), is entering the Philippines with a deal worth $15 billion in total investm...

The Loan Programs Office of the U.S. Department of Energy on Thursday announced $23 billion worth of funding support to several utilities to...