Oil prices are heading for a roughly 4% weekly gain as prolonged U.S.-Iran tensions and restricted Hormuz traffic outweigh ...

Trump is pouring $3 billion into U.S. critical minerals, aiming to reduce dependence on China and strengthen domestic defense and technology supply chains. The investment could inadvertently boost EVs ...

BP has signed agreements with the Venezuelan government to advance offshore natural gas development, including an exploration and production license for Phase 2 of the Loran field in the Plataforma ...

The squeeze is showing up more in refined products than crude, with diesel markets expected to remain tight, volatile and expensive into next year unless Hormuz reopens and supply recovers.

Oil prices fell as sharply weaker 2026 demand forecasts and a huge U.S. inventory build outweighed persistent geopolitical risks around the Strait of Hormuz.

Porsche is reportedly preparing to phase out production of its flagship Taycan electric sports car by 2030, marking a major setback for the German automaker’s once-aggressive electrification strategy.

Washington is putting real money behind advanced nuclear. The US Department of Energy is gearing up to hand X-energy another $1 billion for its planned nuclear project with Dow in Texas, bringing ...

New Zealand has approved a 10-year petroleum mining permit for the Puka field as it seeks additional domestic natural gas supplies and new oil production.

Oil supply disruptions, high fuel prices and faster battery innovation could give electric vehicle adoption a fresh push, with consequences for oil demand, power grids and metals markets, Wood ...

Russia’s diesel and gasoil exports crashed in the first seven days of August to just 80,000 barrels per day (bpd), the lowest in many years, as Moscow extended restrictions on diesel exports amid a ...

Ukraine struck Gazprom's Salavat refinery in the Urals Thursday, deepening a fuel crunch that's already forced Russia to import gasoline from India.

China just installed 15,927 heliostats at a 100-MW molten-salt plant in Xizang, with grid connection targeted for October 2026. The project is designed to solve the storage gap behind China's solar ...