Global Hunt for Crude Sends Offshore Oil Stocks Soaring

Marine well drillers and mendicants have overtaken the wider market.

Russia Defies Sanctions by Selling Oil Above Price Cap

Higher prices could sap Moscow’s oil-export revenue, which last month fell by more than half from…

Russia Defies Sanctions by Selling Oil Above Price Cap

Higher prices could sap Moscow’s oil-export revenue, which last month fell by more than half from…

Energy & Utilities Roundup: Market Talk

Iberdrola, Pharos Energy and more in the latest market talks covering energy and utilities.

That Extreme Heat Hasn’t Budged Natural-Gas Prices

With an abundance of warm winters, the cost of electricity generation fuel is up to 60%…

The Shale Industry Is Dropping Drilling Rigs, Fast

Smaller fracking companies are feeling the brunt of inflation, lower oil and gas prices, and fewer…

Chinese Oil Demand Doesn’t Make Sense

China’s economy is going through a tumultuous summer, but the country is producing record amounts of…

Saudi Arabia to Lose Top Spot in OPEC+

The kingdom looks set to topple Russia as the biggest oil producer in the coalition as…

EU’s energy sovereignty is built on a robust internal market

Leonhard Birnbaum, via Euroelectric The energy crisis triggered by Russia’s invasion of Ukraine and weaponisation of…

U.S. Oil Boom Blunts OPEC’s Pricing Power

US petroleum production is on pace for a record-breaking year, helping to keep energy prices stable…