OILPRICE

South Africa has proposed to buy liquefied natural gas (LNG) from the United States over a 10-year period as the country looks to secure a t...

China has been steadily increasing its energy investing, and therefore its influence, in emerging economies for years now. Through its ambit...

The U.S. Supreme Court has given the green light to Utah’s Uinta Basin Railway project, backing a narrower interpretation of environmental r...

The race to build Kazakhstan’s first nuclear power plant appears to be tightening. The Russian nuclear entity Rosatom has long appeared to h...

As the fifth round of nuclear talks between Iran and the United States wrapped up in Rome earlier this month, the public saw little sign of...

It has been a volatile and unpredictable year in global oil markets, with price signals clouded by a growing list of competing drivers. From...

China’s top oil refiners are turning to overseas markets to offset weak domestic demand, pushing ahead with refined product exports despite...

First-quarter earnings highlighted the overall trend of producers maintaining spending and production guidance for the year. Based on a peer...

Kazakhstan cannot reduce its oil production as it has no right to impose output reductions on international firms that are operating more th...

Crude oil inventories in the United States dipped by 2.8 million barrels during the week ending May 23, according to new data from the U.S....

The Fukushima disaster soured the world on nuclear energy and the uranium industry after tsunami waves inundated Japan’s Fukushima Daiichi n...

The eastern government of Libya may declare force majeure on oil export terminals and oilfields due to “repeated assaults on the National Oi...

Ukrainian President Volodymyr Zelenskyy called for increased international pressure on Russia after a meeting with German Chancellor Friedri...

Saudi Arabia will review its spending priorities after the oil price decline, and will consider whether to delay or accelerate some projects...

Kyushu Electric Power will sign a 20-year supply agreement to receive LNG from Energy Transfer’s Lake Charles export facility if its develop...

Shell will buy TotalEnergies’ 12.5% non-operated stake in the deepwater oilfield Bonga offshore Nigeria, where the UK-based supermajor plans...

Saudi Aramco plans to continue tapping the debt markets for more borrowings to fund growth, CEO Amin Nasser told Bloomberg TV after the worl...

Chevron is giving the slip to 800 of its employees in the Permian as part of a larger cost-cutting drive that will see its global workforce...

The Trump administration has canceled a loan guarantee of $2.92 billion granted by the previous administration to solar major Sunnova. Per a...

Saudi Arabia’s oil revenues have been suffering from the oil price slump during the second quarter. But there’s a silver lining in falling c...

Demand for liquefied natural gas from the biggest importing region—Asia—has remained strong this year, although it has experienced a certain...

Suppose you wanted to get into the LNG business in the U.S. to take advantage of the global low-cost of supply advantage held by America. So...

For most of the past century, energy producers could count on steady oil demand growth. From industrial development in China to population b...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, by 4.236 million barrels in...

The global appetite for critical minerals and rare earths is skyrocketing, according to a report issued by the International Energy Agency....