In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the downward trend continuing beyond the new year.
Crude and gasoline inventories saw moderate increases while middle distillate inventories saw a strong draw last week ...
Small modular reactors (SMRs) are gaining momentum as a promising clean energy solution, with numerous companies developing ...
Nigeria is taking bold steps to revive its faltering power sector, aiming to attract $15 billion in private investments while ...
The EU has renewed sanctions against Russia despite Hungary's initial objections, following assurances on energy-related ...
Tesla's Shanghai subsidiary is suing the European Commission over tariffs imposed on Chinese-made electric vehicles, ...
Despite the latest round of sanctions by the US Treasury, Russia has managed to keep its four-week rolling average oil ...
Iran is sending mixed signals regarding potential negotiations with the US, with some officials expressing openness while ...
One of the leading fracking services providers in the U.S. attributed the decline to lower stimulation activity and decreased ...
Central Asia is balancing economic ties with Russia, avoiding sanctions fallout, and leveraging Western initiatives while ...
US utilities are investing billions in power transmission and grid upgrades to meet the rising electricity demand driven by ...
The UK is on track to miss its wind and solar capacity targets as operational and investment constraints are hampering a ...