Oil prices rose in volatile trade on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about lower demand in China, the world’s biggest crude importer, Continue Reading
WTI crude gained 2% on Monday morning. European diplomats expressed “serious doubt” that Tehran is genuinely seeking a revival of the 2015 nuclear deal. Softer U.S. dollar supports crude prices. Continue Reading
Onshore crude oil inventories have been tightening. Onshore crude oil inventories have been tightening and seem to be at an inflection point, according to energy and environmental geo-analytics company Kayrros. Continue Reading
Global employment in the energy sector has risen above its pre-pandemic levels, led by increased hiring in clean energy, the IEA said in its latest report. Global employment in the Continue Reading
Despite record high natural gas prices and a worldwide energy crisis, global coal-powered generation fell in the year’s first half, defying forecasts of high coal consumption in the electricity sector. Continue Reading
Climate report: Middle East and East-Mediterranean are warming up at nearly twice the global average. The Middle East is set to overtake Europe as the biggest contributor of greenhouse gasses Continue Reading
A new Iran nuclear deal is looking increasingly unlikely after U.S. Secretary of State Anthony Blinken said Iran had taken “a step backward” with its latest comments on the final Continue Reading
Iran says it is ready to continue to cooperate with the UN’s nuclear watchdog but called on the agency “not to yield to Israel’s pressure” over Tehran’s nuclear activities. The Continue Reading
Foreign oil companies operating in Iraq’s semi-autonomous Kurdistan region are ignoring a barrage of legal challenges to their businesses by Baghdad and are investing for the long haul, including activity Continue Reading
Oil rigs Abuja, Nigeria — Nigeria has lost its position as Africa’s top oil producer to Angola, industry insiders say, and could soon become third after Libya. Oil analysts say Continue Reading
