Energy
U.S. Oil Deal Pushes China and Russia Out of Venezuelan Fields
A U.S. oil company controlled by a Venezuelan business tycoon will replace Chinese and Russian operators of several Vene…
Energy
1084 articles
Energy
Oil Prices Climb as Trump Threatens New Strikes on Iran
Crude oil prices extended their earlier climb after President Trump issued his latest threat to Iran, following the firs…
Energy
New Tech Breakthrough Aims To Solve The World's Plastic Waste Problem
Plastics remanufacturing is the industry everyone wishes they’d gotten into earlier, with McKinsey seeing as much as $75…
Energy
Why More Venezuelan Oil Won’t Solve America’s Gasoline Problem
Venezuela has the largest proven oil reserves in the world, and its heavy crude is particularly well suited to the sophi…
Energy
Iran War Triggers Billions in New Oil Pipeline and Port Investment
The severe disruption of oil and gas flows out of the Persian Gulf resulting from the war between the U.S. and Israel an…
Energy
Canada Tariffs Deepen North America’s Steel and Aluminum Squeeze
The renewed trade war between the United States and Canada adds even more uncertainty to the complex steel and aluminum …
Energy
Norway Wants Europe’s Energy Market, Without Sharing Its Trade-Offs
Norway is supposedly breaking with Brussels. Energy Minister Terje Aasland says the country will continue exploring for …
Energy
Chevron, ONGC and GE Vernova Near Final Venezuela Energy Deals
Chevron, India’s ONGC, GE Vernova, Eni and GeoPark are preparing to sign final energy agreements in Venezuela, bringing …
Energy
Trump’s “Historic Deal” With Venezuela Isn’t Fooling Oil Traders
Two days after President Trump called his new Venezuela agreement “the biggest oil deal in world history,” the story has…
Energy
BP Adds 80 MMcf/d to Egypt’s Gas Supply Two Years Ahead of Schedule
Roughly two years ahead of schedule, BP has started production from the Fayoum-4 well in Egypt’s West Nile Delta, adding…
Energy
Russian Oil Is No Longer India’s Easy Bargain
India’s crude imports fell in August, and Russia’s share declined with them, exposing a supply problem that seasonal ref…
Energy
SLB Makes $3.4 Billion Bet on AI Data Center Boom
The world’s largest oilfield services company is spending $3.4 billion to expand into the infrastructure behind the AI p…
Energy
Conflict and Climate Are Driving Food Prices Higher
Two weeks ago, I wrote about how conflict and climate change are combining to impede navigation across the globe. That s…
Energy
Europe Gas Prices Jump 5% to Highest Level Since 2023
European benchmark natural gas prices jumped by 5% in early morning trade on Monday as the re-escalation of hostilities …
Energy
Iran Weakened but Defiant After 6 Months of War
Six months after US and Israeli air strikes against Iran launched a conflict that has shaken energy markets and disrupte…
Energy
China Coking Coal Prices Set for Record 46% Monthly Surge
Supply issues have been tightening the Chinese coking coal market for months, pushing the price of the key steelmaking r…
Energy
Is Taiwan The Only Leverage The U.S. Has In Getting China To Toe The Line In Ira
There is always a winner in any major global oil crisis. In 1973/74, it was Saudi Arabia and its OPEC brothers who shift…
Energy
Iran Dismisses Trump Claim of Kharg Attack as Hostilities Return
Iran on Monday dismissed as “laughable” a Truth Social AI-generated post by U.S. President Donald Trump that the key Ira…
Energy
Oil Companies and Banks Face UK Windfall Tax Threat
Chancellor John Healey has been presented with a plan to tax oil firms and banks further as bosses in the sectors have p…
Energy
Asia Steps In to Fill Diesel Supply Gap in Africa as Middle East Exports Crash
Asia’s diesel exports to Africa are surging to nearly five-year highs, as Middle East’s sales to Africa crashed to nine-…
Energy
China's LNG Imports Set to Drop 18% in August as Prices Soar
China’s liquefied natural gas imports are on track to slump by 18% in August from a year earlier, bucking a three-month-…
Energy
Iran Says Supertanker Hit by Mines in Strait of Hormuz
A supertanker caught fire after hitting two naval mines in the southern Strait of Hormuz, Iranian state media reported o…
Energy
Lithium Miners Cash In as Battery Storage Demand Surges
Lithium miners are reporting strong profits for the first half of the year thanks to stronger demand for battery storage…
Energy
Asian Refiners Turn to Argentina as Iran War Disrupts Oil Supply
Asian crude oil importers, including China, Japan, and South Korea, have turned to buying oil from as far as Argentina t…