U.S. energy regulators have told EQT Corp and other companies building the $3.5-$3.7 billion Mountain Valley natural gas pipeline from West Virginia to Virginia to stop all construction. The action Continue Reading
For decades, the Friendship pipeline has delivered oil from Russia to Europe, heating German homes even in the darkest days of the Cold War. But a new pipeline that will Continue Reading
Eight places in Portugal broke local temperature records as a wave of heat from North Africa swept across the Iberian peninsula — and officials predicted the scorching temperatures could get Continue Reading
Crude futures pulled back on Friday, giving up gains from the previous session as trade concerns weighed on the market and fueled concerns about demand. U.S. West Texas Intermediate (WTI) Continue Reading
Oil prices are set to close out the week slightly down, although WTI and Brent regained some lost ground on Thursday. Oil traders are trying to balance two competing narratives. Continue Reading
Two-year highs for oil production from Saudi Arabia and other OPEC producers more than offset declines from Iran, Libya and Venezuela, Platts reported Friday. According to data and sentiment gathered Continue Reading
The oil market is set to tighten further before the end of this year – a sign that OPEC’s early response to boost supply may not be enough to offset Continue Reading
Despite a worsening humanitarian crisis in Yemen amid a war between the Houthi rebels and a coalition between Saudi Arabia and the UAE, the poorest Arab country has found a Continue Reading
Beijing has declined a request by U.S. envoys to stop importing crude oil from Iran, Bloomberg reports , citing unnamed sources in the know. While this is a major setback Continue Reading
Sporadic protests were taking place in cities in Iran for a fourth day, with demonstrators attacking a Shi’ite seminary west of Tehran, according to Iranian news agencies and social media Continue Reading
