As investors weigh signs of a growing US stockpile build and weak technical indicators, oil held steady following its largest drop in two weeks. Following a 1.9% decline, West Texas…

Following the decision of Angola to exit the OPEC coalition of oil producing nations, several OPEC member nations affirmed their commitment to the coalition and its objectives Saturday. Earlier in…

Germany may not be able to phase out its coal-fired power plants ahead of schedule, as the government has not offered any incentives to encourage the construction of new gas-fired…

Speaking at a meeting of the Council for Strategic Development and National Projects this week, Russian First Deputy Prime Minister Andrey Belousov told the crowd that this year, Russia will…

Following a clash with the OPEC coalition of oil producing nations and allied countries, OPEC+, earlier in the year over lower production quotas, Angola announced on Thursday that it is…

Reuters reported on Wednesday that Slovakia has been granted a year-long exemption which will allow it to export fuel to the Czech Republic which the nation’s oil refinery Slovnaft, refined…

In an announcement on Monday, British energy major BP announced it will be temporarily suspending all shipments of crude oil through the Red Sea due to the recent attacks in…

In video posted to Facebook on Wednesday, Hungarian Foreign Minister Peter Szijjarto warned that Hungary will prevent Bulgaria’s entry into the EU’s passport-free Schengen travel area unless Bulgaria eliminates its…

In its Coal 2023 report, published on Friday, the International Energy Agency predicted that the demand for coal globally is about to reach a historic high this year. The organization…

British national energy regulator Ofgem has released new data which shows that UK households have accumulated record levels of debt with electricity and gas suppliers in the nation, equal to nearly…