The European Union is holding a high-level dialogue meeting with OPEC on Monday, as the EU is looking at ways to step up sanctions against Russia, including by an oil embargo. The meeting, being held […]
Proponents of fossil fuel production hit back against efforts to tackle the climate crisis by urgently phasing out the burning of hydrocarbons, as the Russian invasion of Ukraine severely disrupts energy supplies. A series of […]
Ukraine takes back more territory near Kyiv Huge fire in Russian logistics hub as peace talks resume Gas still flowing to Europe despite Putin threat Red Cross convoy again fails to reach besieged Mariupol Workers […]
Benchmark natural gas rose to the highest in two months early on Friday despite a lower than expected draw on storage and mild temperatures on expectations for higher demand following a pact between the United […]
As the world reels from an energy crisis that is resulting in skyrocketing gas and oil prices, there is debate about solutions within the United States. Pennsylvania is the second largest producer of natural gas […]
Ukrainian President Volodymyr Zelenskiy called on energy-producing countries on Saturday to increase output so that Russia cannot use its oil and gas wealth to “blackmail” other nations. Addressing the Doha Forum international conference via video […]
Russia’s invasion of Ukraine has sent oil prices soaring and could soon deprive oil markets of more than four million barrels of Russian oil. For decades, OPEC has been looked to in times of crisis […]
Retail prices for gasoline and diesel have increased significantly following the start of Russia’s further invasion of Ukraine on February 24. The average U.S. regular retail gasoline price increased 22 percent from $3.53 per gallon […]
(Bloomberg) — Russia’s invasion of Ukraine threatens to intensify the surge in global inflation, hurting oil demand and investment, the Organization of Petroleum Exporting Countries warned. International crude prices briefly hit a 13-year high of […]
The war in Ukraine has touched off a feud between the White House and the U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic, […]
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