Demand for gasoline and diesel in the United States has plunged to its lowest seasonally since the onset of the COVID pandemic, according to the Energy Information Administration (EIA), sparking concern that economic activity is now becomin...

Increased adoption of electric vehicles in the United States and China is expected to put a major dent in gasoline demand growth this year. In one of the most telling statistics about the penetration of EVs into the global market we’ve seen...

Via Metal Miner ThyssenKrupp recently announced plans to create a 50/50 joint steel manufacturing venture with the Czech Republic’s EP Corporate Group and ThyssenKrupp Steel (TKS). According to the German group, talks are now ongoing betwee...

Canadian Utilities Ltd has announced it will build a billion-dollar pipeline in Alberta to transport natural gas as demand soars amid industrial expansion in the province, Reuters reports.  Construction is expected to begin on the new Yello...

The world is experiencing a nuclear renaissance. Uranium prices are soaring as the world snaps up nuclear fuel, public favor for nuclear power is at a 10-year high in the United States, Russia is busily expanding its own nuclear energy empi...

Russia advanced into eastern Ukraine, taking two villages in two regions, Moscow said on Wednesday, in the aftermath of over 70 drone and missile attacks that targeted Ukrainian energy infrastructure overnight.  The barrage of drones and mi...

In what appears to be just the latest 'lawfare' angle of attack against Elon Musk (and his freedom of speech enabling platform), President Biden's Department of Justice is examining whether Tesla committed securities or wire fraud by mislea...

Norway is expanding the acreage in the Barents Sea and the Norwegian Sea, for which companies vying for licenses in mature areas can bid this year, the energy ministry of Western Europe’s largest oil and gas producer said on Wednesday.     ...

Nigeria launched this week a new oil and gas licensing round, inviting bids for as many as 12 onshore and offshore blocks and promising transparency in the bidding process. At the ongoing Offshore Technology Conference (OTC) in Houston, Tex...

Crude oil prices remained little changed today after the U.S. Energy Information Administration reported an inventory draw of 1.4 million barrels for the week to May 3. This compared with a build of 7.3 million barrels estimated for the pre...

The Chinese authorities have issued draft guidance on new rules for the domestic battery industry, which appear to be targeting to address the current overcapacity in the sector. China’s Ministry of Industry and Information Technology unvei...

As BP looks to please shareholders with higher returns and stock valuations, the UK-based supermajor is suggesting that a previous goal to reduce its oil and gas production by 2030 is now flexible and would depend more on returns rather tha...

Abu Dhabi’s national oil company ADNOC has signed a new deal to supply LNG from a planned large export facility to a German firm. ADNOC announced on Wednesday the signing of a 15-year LNG agreement with EnBW Energie Baden-Württemberg AG (En...

The biggest state utilities in Poland are preparing for a surge in clean energy investments in 2025, hoping that the government would move ahead with a plan to spin off coal assets that have been restricting the companies’ access to financi...

Renewable energy accounted for a record 30% share of electricity generation globally last year, driven by growth in solar and wind power, clean energy think tank Ember said in a report on Wednesday. “With record construction of solar and wi...

Suncor has become the latest oil major to report forecast-beating figures for the first quarter, benefiting from robust demand for refined oil products and record-breaking production from the oil sands. Suncor reported daily average product...

Iran is using the help of service providers based in Malaysia to sell its oil abroad circumventing U.S. sanctions, according to a U.S. government official. “The capacity of Iran to move its oil has relied on... these types of service provid...

Over the past two years, the U.S. and its Western allies have imposed a raft of sanctions on Russian energy commodities, including a $60-a-barrel cap on Russia's seaborne exports of crude oil. Europe has, however, shied away from placing li...

Oil prices slumped by $10 per barrel in a month, from above $90 Brent in early April to the low $80s, as tensions in the Middle East subsided and prompted money managers to shift their focus on the upcoming OPEC+ decisions and the path to l...

Meeting global climate goals will require an unprecedented buildout of energy infrastructure in terms of both speed and scale. And while the energies themselves may be renewable, their construction, production, and maintenance requires a wh...

Crude oil inventories in the United States rose this week by 509,000 barrels for the week ending May 3, according to The American Petroleum Institute (API). Analysts had expected a 1.430 million barrel draw. For the week prior, the API repo...

An international team including researchers from the University of Würzburg has succeeded in creating a special state of superconductivity. The discovery could advance the development of quantum computers. The paper discussing the research...

Both Ukraine and Moldova are expected to formally open EU accession talks in the final week of June. Several diplomats that RFE/RL spoke to on condition of anonymity are confident that a “ceremonial intergovernmental conference” (IGC) will...

U.S. spot power and natural gas prices plummeted into negative territory across Texas, California, and Arizona on Tuesday, signaling a surplus in production amidst subdued demand and ample hydropower reserves. At the Waha hub, next-day gas...

Octopus Energy is now worth more than £7bn after two of its largest investors increased their stakes in the company. Generation Investment Management and Canada Pension Plan Investment Board have upped their holdings in the London-headquart...