Amid rising costs, technological issues,…
AI technologies are transforming the…
A surge in U.S. crude…
News about deflation in China and a crude oil inventory build in the United States have added downward pressure to oil prices, but bullish sentiment remains robust. Reports…
Woodside Energy and Chevron have initiated talks with trade unions at their Australian LNG projects in a bid to avoid industrial action that could affect up to a…
U.S. gasoline demand increased slightly last week by 1.1% WoW as per GasBuddy, giving hope to the bulls that demand will not fall off a cliff as earlier feared.…
European natural gas prices have rocketed more than 30% on Wednesday, as traders panicked over the possibility of reduced LNG supply from Australia, a world leading supplier of the commodity.…
The members of the OPEC+ group saw their collective oil production slump to the lowest level in nearly two years in July after Saudi Arabia began its unilateral output cut…
When the Taliban seized power in Afghanistan in 2021, neighbors to the north looked on with a blend of anxiety and dismay. Fast-forward two years and Kazakhstan has just finished…
Germany’s government approved on Wednesday investments in green energy worth $63 billion (57.6 billion euros) for 2024, a 60% increase compared to this year’s targeted…
Iran expects to increase its oil production by 250,000 barrels per day (bpd) to reach 3.5 million bpd output by the end of next month, the head of…
The top group of utilities in the United States does not believe that the Biden Administration’s proposed rules on reducing emissions from natural gas and coal-fired power plants…
ADNOC Gas, the natural gas unit of the UAE’s state energy giant ADNOC, has awarded a $3.6 billion contract to expand its gas processing infrastructure…
Abu Dhabi National Oil Company (ADNOC) is pursuing $50 billion worth of deals to expand on international markets and has hired a top team of deal-makers to help…
The Canadian government is considering the sale of a stake in the troubled Trans Mountain pipeline project to Indigenous communities. Per a report by Bloomberg, which cited documents from…
Assets under management of sovereign wealth funds in the Gulf Cooperation Council have expanded to $4 trillion over the past two years driven by higher oil prices. This…
Crude oil inventories in the United States unexpectedly rose unexpectedly this week by 4.067 million barrels, the American Petroleum Institute (API) data showed on Tuesday—just one week after seeing the…
The Energy Information Administration raised its outlook for Brent crude oil spot prices for this year and next, according to the agency’s Short Term Energy Outlook published on Tuesday. The…
Inventories of crude oil will reach an 8-year low by the end of this year, Eric Nuttal, partner and Senior Portfolio Manager at Ninepoint Partners, told BNN Bloomberg TV on…
Saudi Arabia’s cabinet, or Council of Ministers, showed its support for what it considers to be precautionary measures taken by OPEC+ to stabilize the oil market, Saudi Arabi media said…
Norway's government has approved a project by energy major Equinor and its partners for the future operation of Snøhvit and Hammerfest LNG, including electrification of the plant from 2030.…
Upstream firm Oil India reported on Tuesday a higher after-tax profit for the quarter ending June 30 compared to the same period last year due…
The Druzhba oil pipeline from Russia to Europe has returned to full functionality after a leak was detected during the weekend that needed repairs, Poland’s pipeline operator PERN