Europe is talking about joining the Russian oil embargo

At a series of meetings beginning Monday, EU leaders will discuss whether to dump by far…

Saudi Arabia could invest $50 billion this year to boost oil capacity

Oil prices leapt 50% last year as demand recovered from the Covid-19 pandemic, and then surged…

Oil ’emergency’: Work from home and drive slower, IEA says

The energy watchdog detailed a 10-point emergency plan that includes reducing speed limits on highways by…

Texas warns firms they could lose state contracts for divesting from fossil fuels

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Analysis: A power test for Texas voters

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Analysis: Whatever the campaigns say, the Texas electric grid isn’t fixed yet

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First sign of oil price relief: UAE says it wants OPEC to increase production

The UAE’s ambassador to Washington, Yousef Al Otaiba, told CNN Wednesday that the country wants to…

US gas hits a record: $4.17 a gallon

That breaks the previous record of $4.11 a gallon that has stood since July 2008. As…

Europe could slash Russian gas imports this year

EU officials are due to unveil plans Tuesday that would “substantially reduce” the region’s dependency on…

Wayne Christian, incumbent commissioner overseeing oil and gas industry, is headed to a runoff

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