A new gold rush for a potential clean energy source
The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural hydrogen…
India buying Russian oil keeps prices cheaper, says oil minister Puri
Hardeep Singh Puri, India’s minister of Petroleum and Natural Gas, at the ADIPEC conference in Abu Dhabi, United Arab Emirates,…
Oil CEO rejects fossil fuel industry to blame for the climate crisis
DUBAI, United Arab Emirates —The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the oil…
Record number of fossil fuel lobbyists attend UN climate talks
A man wearing a thawb walks past flags of nations participating in the UNFCCC COP28 Climate Conference the day before…
A fossil fuel fight takes center stage at the COP28 climate summit
Sultan al-Jaber, president of the UNFCCC COP28 climate conference, speaks during day two of the summit on Dec. 2, 2023…
UAE reportedly planned to use COP28 to lobby for oil deals
The president of the upcoming COP28 climate change Sultan Ahmed al-Jaber speaks during the Abu Dhabi International Petroleum Exhibition at…
Oil giant profit slides 23% in third quarter
Saudi state oil giant Aramco posted a 23% drop in net profit in the third quarter, down to $32.6 billion…
Peak fossil fuel demand is coming, IEA says — and China will be key
A worker cutting steel pipes near a coal-powered power station in China on Nov. 12, 2021. Greg Baker | AFP…
U.S. to tighten sanctions on Iran crude oil, RBC’s Helima Croft says
U.S. President Joe Biden’s administration is likely to tighten crude oil sanctions against OPEC member Iran in response to the…
IEA says markets to remain on edge as Israel-Hamas war persists
Storage drums stacked in the Keihin industrial area of Kawasaki, Kanagawa Prefecture, Japan, on Wednesday, Oct. 11, 2023. Bloomberg |…