News

The Vasilikos gas terminal project in Cyprus is facing significant financial and logistical challenges, with an additional €200 million required…

China National Offshore Oil Corporation (CNOOC), a state-owned company, is preparing to launch a new refinery and petrochemicals complex later…

Natural gas prices surged to a new high of $4.55 on Tuesday before facing resistance that triggered a pullback. The…

Minnesota’s renewable energy initiatives have not been primarily funded by taxpayer dollars. Since 1994, a separate fund, the Renewable Development…

China’s authorities have approved 1.3 billion barrels of new shale oil reserves at Sinopec’s two shale fields in eastern China,…

Crude oil prices opened the week with a gain, boosted by positive economic data from China. The data showed that…

Weaker-than-expected oil imports to Asia have raised concerns about oil demand forecasts for 2025. While oil imports in January and…

Kazakhstan’s oil production reached a record high of 2.12 million barrels per day (bpd) in February, marking a 13% increase…

Independent power producers (IPPs) are facing serious financial concerns after the Power Development Board (PDB) cut the service charge on…

Türkiye will start exporting natural gas to Azerbaijan’s autonomous region, Nakhchivan, this week, according to an announcement from the Energy…