OILPRICE

Freight rates for crude oil carriers extended a climb that followed the U.S. federal government’s decision to impose fresh sanctions targeti...

Crude oil prices remained stable today after dipping on Tuesday following the release of the Energy Information Administration’s latest Shor...

Among the swathe of Chinese entities last week placed by the U.S. Department of Defense (DOD) on a blacklist of firms believed to be support...

The two-day oil price rally on Friday and Monday following the latest U.S. sanctions on Russia’s oil exports goes to show that geopolitics w...

The European Union has been funding wind power as a priority in energy policy. Buildout has been fast and sizable—and yet the bloc remains m...

The African continent is faced with an extremely difficult energy ‘trilemma’ – the largely underdeveloped bloc needs to find a way to manage...

The American Petroleum Institute (API) estimated that crude oil inventories in the United fell by 2.6 million barrels for the week ending Ja...

Russia has captured two of Ukraine's four lithium deposits since it launched its all-out invasion in 2022, potentially depriving Kyiv of a k...

Japan is joining its Western partners in sanctioning a Kazakh-registered company for supplying microchips to Russia that have military appli...

Germany’s electricity generation from oil surged to the highest since at least 2017 while gas-fired output soared to the highest in two year...

Via Metal Miner   The UK government’s Department for Business and Trade has set up a committee called the Steel Council to secure long-term...

Russia and Iran have unveiled plans to sign a "comprehensive strategic partnership" treaty on Friday when Iranian President Masoud Pezeshkia...

Italy and Saudi Arabia on Tuesday signed a cooperation agreement in the energy sector, with an emphasis on renewable energy, hydrogen, and c...

On Tuesday, Norway awarded stakes in 53 offshore oil and gas exploration licenses to 20 companies in its latest annual licensing round, with...

Kaja Kallas, the EU’s foreign policy chief, is pushing for the European Union to lower the price cap on Russian oil to further reduce the oi...

Alberta Premier Danielle Smith is no shrinking violet when it comes to disagreements with the Canadian government over energy policy. Smith...

Greece is urging the EU to move faster to address the high power and natural gas prices in the bloc that undermine its competitiveness along...

Oil prices were down slightly on Tuesday morning but remained elevated on the back of U.S. sanctions on Russia which caused prices to spike...

The planned construction of the next generation of nuclear reactors in France, which expects to have at least six of these, faces numerous c...

U.S. refiners are turning to rare niche crude grades from Latin America to fill the gap left by declining imports from Mexico, according to...

Weak oil trading and declining refining margins are expected to lower the fourth-quarter earnings at BP, the UK-based supermajor said on Tue...

The U.S. LNG industry and natural gas pipeline operators expect the incoming Trump Administration to launch a new wave of capacity expansion...

Diamondback Energy has noted lower oil prices in the fourth quarter of the year in an SEC filing, adding that natural gas prices, in contras...

Despite retreating slightly on Tuesday morning, crude oil prices retained most of their recent gains as the impact of the latest round of U....

Six European Union members have called on the Commission to lower the price cap set on Russian oil prices by the G7 as part of a sanction se...