News

European gas prices surged to their highest levels in a year on Thursday after Austrian energy firm OMV issued a…

Global oil demand is expected to rise by 920,000 barrels per day (bpd) in 2024, the International Energy Agency (IEA)…

Crude oil prices edged higher today following the release of the U.S. Energy Information Administration’s (EIA) latest inventory data, which…

The UK government has acknowledged in court that its approval of the massive Rosebank oilfield off Shetland was unlawful. Chris…

The Asian Development Bank (ADB) and the Government of Kazakhstan have signed a memorandum of understanding (MOU) to support the…

Gautam Adani, the founder and chairman of India’s Adani Group, announced on Wednesday via social media platform X that the…

Slovakia’s state-owned oil company, Slovenský plynárenský priemysel (SPP), has entered into a short-term pilot agreement to purchase natural gas from…

Germany’s government has approved new reforms that will prevent oil companies from using excess emissions reduction credits from previous years…

Russian refined oil product exports by sea dropped by 7% in October compared to September, driven by reduced refining capacity…

Russia’s energy ministry has suggested that it may lift the current gasoline export ban, which is set to remain in…