News

OVO Energy, the UK’s fourth-largest energy supplier, has agreed to a £2.37 million settlement after a regulatory investigation by Ofgem.…

This month, Russia’s oil refining capacity has significantly decreased, with 14.5% of its total processing capacity currently offline, according to…

Some of the world’s largest oil-producing countries, such as Saudi Arabia and Russia, are resisting discussions on reducing fossil fuel…

This week, the United States saw a significant increase in the number of active oil and gas drilling rigs, according…

The Australian government has unveiled a plan to become a global leader in green hydrogen production and exports, according to…

Libya’s crude oil exports have declined significantly in recent days due to ongoing political disputes between rival governments. The United…

The Hague has made history as the first city in the world to ban advertisements for oil and large energy-consuming…

A steady drop in oil prices this year has negatively impacted one of Warren Buffett’s significant stock investments. Shares of…

Scotland’s only crude oil processing facility, the Grangemouth refinery, will close in the second quarter of 2025, its owners confirmed…

Oil prices are likely to continue falling, according to Fatih Birol, head of the International Energy Agency (IEA), as global…