Duke Energy To Sell Renewable Energy Assets For $2.8 Billion
The emerging power struggle on…
The United States is set…
We are now seeing the…
After dozens of UK energy firms went bankrupt during the energy crisis, Britain’s energy market regulator on Thursday proposed amendments to the profit margins companies are allowed to make, which…
The U.S. Department of the Interior is holding on Thursday the first lease sales for oil and gas drilling rights since the Inflation Reduction Act (IRA) came into effect.…
Robert Friedland, billionaire mining investor and founder of Canadian mining company Ivanhoe Mines, is unconcerned with the recent plunge in copper prices as medium and long-term demand for the metal…
Surging hydroelectric power, new nuclear reactors online, and an influx of solar and wind capacity additions sent electricity prices in Finland below zero on Wednesday, in a stark reversal from…
Amid soaring energy prices and growing fuel poverty, UK households rationed heat this past winter, which resulted in 57% of those rationing heat suffering from deteriorating health and wellbeing, the…
Investment in solar power generation is set to eclipse investment in oil production in 2023, for the first time ever, as the tide in global energy is turning, the International…
Exxon and its partners in the offshore Stabroek Block in Guyana made almost $6 billion from their operations there, Reuters has reported, citing official documents. According to the documents—audited…
A number of prominent members of the Net Zero Insurance Alliance have quit the organization in recent months and this has prompted its leadership to take urgent steps to stop…
The UK is set to win a battle with Spain for the production of a multi-billion pound Jaguar Land Rover (JLR) electric vehicle battery plant, which could create…
UBS is forecasting stronger demand for gasoline year-on-year in the United States this summer, coupled with lower gas prices compared to the same period. The bank noted that consumer “resiliency”…
European Union member states should end financial support for energy bills by the end of 2023 in order to keep budget and fiscal targets within the recommended limits, the European…
Australia and India on Wednesday pledged to work closer to advance renewable energy, increase cooperation in the critical minerals sector, and study green hydrogen development during a visit of Indian…
South Africa, which is going through an energy crisis, is weighing the possibility of extending the operational lives of two of its largest coal-fueled power plants to boost energy security,…
Goldman Sachs continues to be bullish on crude oil and other major commodities, expecting a rally after the biggest-ever destocking in commodities that is currently underway. Should major economies, including…
Oil prices rose in Asian trade early on Wednesday, following estimates of a large U.S. inventory draw and a warning from the Saudi energy minister for short sellers. In…
The Olmeca refinery that the Lopez Obrador administration has touted as a major milestone in ensuring Mexico’s fuel security has been delayed once again. First scheduled to start operation in…
Crude oil inventories in the United fell this week by 6.70 million barrels, the American Petroleum Institute (API) data showed on Tuesday, with analysts expecting a 525,000 million barrel build.…
The Czech Republic made more progress in detangling itself from Russia in the matter of energy supplies. According to Prime Minister Petr Fiala, the country has signed a deal to…
Qatar has issued a warning to Europe about disruptions in the supply of natural gas as the energy transition policies of governments stifle the investments necessary for keeping…
Iraq is waiting for a final go-ahead from Turkey before resuming oil exports from the semi-autonomous Iraqi region of Kurdistan via a pipeline to the Turkish Mediterranean port of Ceyhan,…