Charles is a writer for Oilprice.com
A U.S. official has denied a report that emerged last week that Washington was once again in talks with Tehran about the latter’s nuclear program.…
Duke Energy has struck a deal to sell its unregulated Commercial Renewables business to Brookfield Renewable—a wind and solar power asset operator. The deal is…
Saudi Arabia has signed an agreement worth $5.6 billion with China’s electric vehicle maker Human Horizons to design and manufacture EVs, the Saudi state news…
Unipec, the trading unit of the top Chinese and Asian refiner, Sinopec, is selling unusually large volumes of Oman crude for August loading to other…
A 24-hour ceasefire in Sudan has ended and clashes between warring political factions have resumed, dampening hopes for a quick solution to the situation in…
The United States is about to start unloading crude from a tanker allegedly used to carry Iranian oil abroad, the FT has reported, noting the…
Smoke from Canada’s wildfires is preventing solar panels from catching sunlight, and solar power generation in the northeast United States is tumbling by more than 50%…
OPEC+ slashed its crude oil production by 670,000 barrels per day (bpd) in May, as the voluntary cuts with which the group shocked the markets…
Despite the Western sanctions, Russian oil companies boosted their gasoline exports by 37% between January and May compared to the same period in 2022, Russian…
The UK’s government may lift the controversial 35% windfall tax it imposed on the energy industry last year in response to the supply crunch that…
Equatorial Guinea, a small West African country and OPEC’s smallest oil producer, did not export any crude oil in May due to output declines and…
U.S. solar system installations rose by 47% in the first quarter of the year despite import problems because of the tariffs imposed on Asian exporters.…
Argentina’s state oil and gas operator YPF will focus its efforts on bringing crude oil and natural gas exports from the Vaca Muerta shale formation…
Post-energy crisis hedging enthusiasm is prompting Goldman Sachs Group to launch plans for a Tokyo desk to trade Japanese power derivatives as trading volumes for…
June prices for Russian flagship Urals crude via the Druzhba pipeline through Ukraine are set to jump by 16% over May’s prices due to European…
Saudi Arabia’s growth is expected to slow to 2.1% this year due to production cuts, according to the International Monetary Fund (IMF), though the Kingdom’s…
Mangalore Refinery and Petrochemicals Limited (MRPL), a major Indian refiner, is shifting its focus on petrochemicals and has shelved plans to expand its refinery capacity…
A decision by the Biden administration to provide financial help to Poland for securing LNG supplies has prompted a loud reaction from climate activists. Per…
U.S. crude oil production could gain 720,000 barrels daily this year, up from a previously forecast growth rate of 640,000 bpd, according to the latest…
Cenovus Energy has restarted some 62,000 bpd of daily crude oil production following a temporary shutdown caused by the wildfires in Alberta. The company shut…