News

Gazprom has announced a 4% increase in its investment plan for 2024, raising it to $16.9 billion (1.642 trillion Russian…

The U.S. Department of Energy (DoE) is looking to buy 3 million barrels of crude oil for the Strategic Petroleum…

Aliko Dangote, Africa’s richest individual and owner of the continent’s largest new refinery, met with Nigeria’s President Bola Tinubu on…

The United Steelworkers (USW) union is looking to renewable energy projects to counteract job losses in oil refining and petrochemical…

At the annual investment forum in Riyadh on Tuesday, Saudi officials announced plans to tender 44 gigawatts (GW) of renewable…

Oil prices continue to face challenges, with Brent crude currently just above $71 per barrel. This decline follows a significant…

Crude oil inventories in the United States dropped by 573,000 barrels for the week ending October 25, as reported by…

IndianOil, India’s largest refiner, announced on Monday a staggering 98.6% drop in net profit for the quarter ending September. This…

While many reports celebrate the shift toward renewable energy, the reality tells a different story. Coal remains a dominant force…

Europe’s natural gas prices fell sharply on Monday, retreating from their 2024 highs reached last week. This decline followed Israel’s…